AB Municipal Buy or Sell Recommendation

AB Municipal Income II Michigan B -- USA Fund  

USD 10.01  0.02  0.20%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding AB Municipal Income II Michigan B is 'Strong Hold'. Macroaxis provides AB Municipal Income II Michigan B buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AB Municipal positions. The advice algorithm takes into account all of AB Municipal Income II Michigan B available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from AB Municipal buy-and-hold prospective. Check also AB Municipal Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice

AB Municipal Current Recommendation

SellBuy
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon AB Municipal Income II Michigan B has a risk adjusted performance of 0.11, jensen alpha of 0.011063, total risk alpha of 0.002041, sortino ratio of 0.414 and treynor ratio of 0.8327
This buy or sell recommendation tool can be used to cross verify current analyst consensus on AB Municipal Income II Michigan B and to analyze the fund potential to grow this quarter and beyond. Use AB Municipal Income II Michigan B Number of Employees, Five Year Return as well as the relationship between Five Year Return and Holdings Turnover to make sure your buy or sell decision on AB Municipal Income is adequate.

Returns Distribution Density

Mean Return0.00009Value At Risk0.2
Potential Upside0.20Standard Deviation0.14
 Return Density 
      Distribution 

AB Municipal Greeks

α
Alpha over DOW
=0.01
β
Beta against DOW=0.01
σ
Overall volatility
=0.00
Ir
Information ratio =0.64

AB Municipal Volatility Alert

AB Municipal Income II Michigan B exhibits very low volatility with skewness of 0.0 and kurtosis of -0.75. However, we advise investors to further study AB Municipal Income II Michigan B technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare AB Municipal to competition

AB Municipal Fundamental Vs Peers

FundamentalsAB MunicipalPeer Average
Annual Yield2.55 % 1.38 %
Year to Date Return1.57 % 1.50 %
One Year Return5.61 % 2.30 %
Three Year Return5.72 % 3.97 %
Five Year Return3.69 % 1.27 %
Ten Year Return3.99 % 1.17 %
Net Asset53.25 M1.37 B
Minimum Initial Investment2.5 K8.09 M
Last Dividend Paid0.021.05
Holdings Turnover5.00 % 51.27 %
Cash Position Weight0.37 % 14.48 %
Bond Positions Weight98.41 % 14.72 %

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Check also AB Municipal Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.