ASLAX Mutual Fund Buy Hold or Sell Recommendation

ASLAX -  USA Fund  

USD 14.06  0.02  0.14%

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Ab Cap Fund is 'Hold'. Macroaxis provides Ab Cap buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Ab Cap positions. The advice algorithm takes into account all of Ab Cap's available fundamental, technical, and predictive indicators you will find on this site.

ASLAX Advice 

 
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The advice is provided from Ab Cap's buy-and-hold perspective. Please continue to Ab Cap Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as ASLAX and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Ab Cap Fund.

Execute Ab Cap Buy or Sell Advice

The ASLAX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ab Cap Fund. Macroaxis does not own or have any residual interests in Ab Cap Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ab Cap's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Ab CapBuy Ab Cap
Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Ab Cap Fund has a Risk Adjusted Performance of (0.05), Jensen Alpha of (0.12), Total Risk Alpha of (0.20) and Treynor Ratio of (0.42)
Our trade recommendation tool can cross-verify current analyst consensus on Ab Cap Fund and to analyze the fund potential to grow in the coming quarters. Please makes use of Ab Cap Fund price to earning, one year return, as well as the relationship between the One Year Return and cash position weight to make buy, hold, or sell decision on Ab Cap Fund.

Ab Cap Trading Alerts and Improvement Suggestions

Ab Cap Fund generated a negative expected return over the last 90 days
Ab Cap Fund is unlikely to experience financial distress in the next 2 years
The fund holds about 26.89% of its assets under management (AUM) in cash

Ab Cap Returns Distribution Density

The distribution of Ab Cap's historical returns is an attempt to chart the future uncertainty of Ab Cap's future price movements. The chart of the probability distribution of Ab Cap stock daily returns describes the distribution of returns around its average expected value. We use Ab Cap Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ab Cap returns is essential to provide solid investment advice for Ab Cap stock.
Mean Return-0.1Value At Risk-0.92
Potential Upside0.93Standard Deviation1.34
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ab Cap historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Ab Cap Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ab Cap or AllianceBernstein sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ab Cap stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ASLAX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.12
β
Beta against DOW0.25
σ
Overall volatility
1.35
Ir
Information ratio -0.12

Ab Cap Volatility Alert

Ab Cap Fund exhibits very low volatility with skewness of -6.48 and kurtosis of 48.28. However, we advise investors to further study Ab Cap Fund technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ab Cap's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ab Cap's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Ab Cap Implied Volatility

Ab Cap's implied volatility exposes the market's sentiment of Ab Cap Fund stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ab Cap's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ab Cap stock will not fluctuate a lot when Ab Cap's options are near their expiration.

Ab Cap Fundamentals Vs Peers

Comparing Ab Cap's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ab Cap's direct or indirect competition across all of the common fundamentals between Ab Cap and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ab Cap or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Ab Cap's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ab Cap by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ab Cap to competition
FundamentalsAb CapPeer Average
Price to Earning18.60 X6.53 X
Price to Book2.88 X0.74 X
Price to Sales2.01 X0.61 X
One Year Return6.79 %4.15 %
Three Year Return6.11 %3.60 %
Five Year Return5.04 %3.24 %
Net Asset1.41 B4.11 B
Minimum Initial Investment2.5 K976.16 K
Cash Position Weight26.89 %10.61 %
Equity Positions Weight71.97 %63.90 %

Ab Cap Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ASLAX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power(9,223,372,036,855)
Rate Of Daily Change1.0
Day Median Price14.06
Day Typical Price14.06
Price Action Indicator(0.01)

About Ab Cap Buy or Sell Advice

When is the right time to buy or sell Ab Cap Fund? Buying financial instruments such as ASLAX Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Ab Cap investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Ab Cap in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Measuring and Control Thematic Idea Now

Measuring and Control
Measuring and Control Theme
Fama and French focuses on testing asset pricing under different economic assumptions. Measuring and Control theme has 61 constituents.
View All  Next Launch Measuring and Control
Please continue to Ab Cap Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Ab Cap Fund information on this page should be used as a complementary analysis to other Ab Cap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Please note, there is a significant difference between Ab Cap's value and its price as these two are different measures arrived at by different means. Investors typically determine Ab Cap value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Cap's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.