AAZAX Fundamentals

AAZAX -  USA Fund  

USD 11.34  0.01  0.09%

Ab Municipal Income fundamentals help investors to digest information that contributes to Ab Municipal's financial success or failures. It also enables traders to predict the movement of AAZAX Mutual Fund. This fundamental analysis module provides a way for investors to measures Ab Municipal's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ab Municipal mutual fund. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

AAZAX Fundamentals 

 
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AAZAX Bond Positions Weight Analysis

Ab Municipal's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Bond Percentage 
 = 
% of Bonds 
 
in the fund 
More About Bond Positions Weight | All Equity Analysis

Current Ab Municipal Bond Positions Weight

    
  95.49 %  
Most of Ab Municipal's fundamental indicators, such as Bond Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ab Municipal Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
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Ab Municipal Bond Positions Weight Component Assessment

In accordance with the recently published financial statements, Ab Municipal Income has a Bond Positions Weight of 95%. This is much higher than that of the AllianceBernstein family and significantly higher than that of the Family category. The bond positions weight for all United States funds is notably lower than that of the firm.

Ab Municipal Income Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ab Municipal's current stock value. Our valuation model uses many indicators to compare Ab Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ab Municipal competition to find correlations between indicators driving Ab Municipal's intrinsic value. More Info.
Ab Municipal Income is third largest fund in bond positions weight among similar funds. It is second largest fund in one year return among similar funds reporting about  0.01  of One Year Return per Bond Positions Weight. The ratio of Bond Positions Weight to One Year Return for Ab Municipal Income is roughly  125.64 

AAZAX One Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ab Municipal's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Ab Municipal could also be used in its relative valuation, which is a method of valuing Ab Municipal by comparing valuation metrics of similar companies.
Ab Municipal is currently under evaluation in one year return among similar funds.

Fund Asset Allocation for Ab Municipal

The fund consists of 95.49% investments in fixed income securities, with the rest of funds allocated in cash.
 Value 
      Instrument Type 

AAZAX Fundamentals

About Ab Municipal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ab Municipal Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ab Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ab Municipal Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The investment seeks to earn the highest level of current income exempt from both federal income tax and State of Arizona personal income tax that is available without assuming what the Adviser considers to be undue risk. Ab Municipal is traded on NASDAQ Exchange in the United States.

Ab Municipal Investors Sentiment

The influence of Ab Municipal's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AAZAX. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - AAZAX

Ab Municipal Income Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in Ab Municipal Income. What is your sentiment towards investing in Ab Municipal Income? Are you bullish or bearish?
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Pair Trading with Ab Municipal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ab Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ab Municipal will appreciate offsetting losses from the drop in the long position's value.

Ab Municipal Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Ab Municipal and Dupree Mutual Funds. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Please continue to Ab Municipal Piotroski F Score and Ab Municipal Altman Z Score analysis. Note that the Ab Municipal Income information on this page should be used as a complementary analysis to other Ab Municipal'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for AAZAX Mutual Fund analysis

When running Ab Municipal Income price analysis, check to measure Ab Municipal'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 Municipal is operating at the current time. Most of Ab Municipal's value examination focuses on studying past and present price action to predict the probability of Ab Municipal's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ab Municipal's price. Additionally, you may evaluate how the addition of Ab Municipal to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ab Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine Ab Municipal value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Municipal'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.