Ab Select Us Fund Price on November 17, 2021

ASLAX Fund  USD 14.07  0.09  0.64%   
Below is the normalized historical share price chart for Ab Select Us extending back to December 13, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ab Select stands at 14.07, as last reported on the 28th of March, with the highest price reaching 14.07 and the lowest price hitting 14.07 during the day.
 
Yuan Drop
 
Covid
If you're considering investing in ASLAX Mutual Fund, it is important to understand the factors that can impact its price. We consider Ab Select very steady. Ab Select Us retains Efficiency (Sharpe Ratio) of 0.29, which signifies that the fund had a 0.29% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Ab Select, which you can use to evaluate the volatility of the entity. Please confirm Ab Select's Variance of 0.1841, standard deviation of 0.4291, and Market Risk Adjusted Performance of (2.83) to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
  
ASLAX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2938

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashASLAXAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.45
  actual daily
3
97% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.29
  actual daily
22
78% of assets perform better
Based on monthly moving average Ab Select is performing at about 22% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ab Select by adding it to a well-diversified portfolio.

Ab Select Valuation on November 17, 2021

It is possible to determine the worth of Ab Select on a given historical date. On November 17, 2021 ASLAX was worth 13.35 at the beginning of the trading date compared to the closed value of 12.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ab Select mutual fund. Still, in general, we apply an absolute valuation method to find Ab Select's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ab Select where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ab Select's related companies.
 Open High Low Close Volume
03/14/2022
  13.35    13.35    12.37    12.37    1.00  
  13.52    13.52    12.53    12.53    1.00  
Backtest Ab Select  |  Ab Select History  |  Ab Select Valuation Next  
Open Value
13.35
12.37
Closing Value
14.68
Upside

Ab Select Trading Date Momentum on November 17, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Ab Select Us Fundamentals Correlations and Trends

By evaluating Ab Select's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ab Select's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ASLAX financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ab Select Mutual Fund history

Ab Select investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ASLAX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ab Select Us will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ab Select stock prices may prove useful in developing a viable investing in Ab Select
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Its investments will be focused on securities of companies with large and medium market capitalizations, but it may also take long and short positions in securities of small-capitalization companies. The fund may invest in non-U.S. companies, but currently intends to limit its investments in such companies to no more than 10 percent of its net assets.

Ab Select Mutual Fund Technical Analysis

Ab Select technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Ab Select technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ab Select trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ab Select Period Price Range

Low
March 14, 2022
High

 13.35 

  

 12.37 

-0.98-7.34%

Ab Select March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Ab Select mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ab Select shares will generate the highest return on investment. By undertsting and applying Ab Select mutual fund market strength indicators, traders can identify Ab Select Us entry and exit signals to maximize returns

Ab Select Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ab Select's price direction in advance. Along with the technical and fundamental analysis of ASLAX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of ASLAX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ab Select Us. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Ab Select Us information on this page should be used as a complementary analysis to other Ab Select'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 the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for ASLAX Mutual Fund analysis

When running Ab Select's price analysis, check to measure Ab Select's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ab Select is operating at the current time. Most of Ab Select's value examination focuses on studying past and present price action to predict the probability of Ab Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ab Select's price. Additionally, you may evaluate how the addition of Ab Select to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Please note, there is a significant difference between Ab Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ab Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Select'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.