ASLAX Fundamentals

ASLAX -  USA Fund  

USD 14.06  0.02  0.14%

Ab Cap Fund fundamentals help investors to digest information that contributes to Ab Cap's financial success or failures. It also enables traders to predict the movement of ASLAX Mutual Fund. This fundamental analysis module provides a way for investors to measures Ab Cap'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 Cap 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.

ASLAX Fundamentals 

 
Refresh

ASLAX Cash Position Weight Analysis

Ab Cap's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Cash Percentage 
 = 
% of Cash 
 
in the fund 
More About Cash Position Weight | All Equity Analysis

Current Ab Cap Cash Position Weight

    
  26.89 %  
Most of Ab Cap's fundamental indicators, such as Cash Position 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 Cap Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Compare to competition

Ab Cap Cash Position Weight Component Assessment

In accordance with the recently published financial statements, Ab Cap Fund has 26.89% in Cash Position Weight. This is much higher than that of the AllianceBernstein family and significantly higher than that of the Long-Short Equity category. The cash position weight for all United States funds is notably lower than that of the firm.

Ab Cap Fund Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ab Cap's current stock value. Our valuation model uses many indicators to compare Ab Cap value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ab Cap competition to find correlations between indicators driving Ab Cap's intrinsic value. More Info.
Ab Cap Fund is third largest fund in equity positions weight among similar funds. It is second largest fund in five year return among similar funds reporting about  0.07  of Five Year Return per Equity Positions Weight. The ratio of Equity Positions Weight to Five Year Return for Ab Cap Fund is roughly  14.28 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ab Cap by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ab Cap's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ab Cap's earnings, one of the primary drivers of an investment's value.

ASLAX Cash Position Weight Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ab Cap's direct or indirect competition against its Cash Position Weight 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 Cap could also be used in its relative valuation, which is a method of valuing Ab Cap by comparing valuation metrics of similar companies.
Ab Cap is third largest fund in cash position weight among similar funds.

Fund Asset Allocation for Ab Cap

The fund consists of 71.97% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.
 Value 
      Instrument Type 

ASLAX Fundamentals

About Ab Cap Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ab Cap Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ab Cap using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ab Cap Fund 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.
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. Ab Cap is traded on NASDAQ Exchange in the United States.

Ab Cap Investors Sentiment

The influence of Ab Cap'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 ASLAX. 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ab Cap in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ab Cap's short interest history, or implied volatility extrapolated from Ab Cap options trading.

Current Sentiment - ASLAX

Ab Cap Fund Investor Sentiment

Most of Macroaxis users are presently bullish on Ab Cap Fund. What is your sentiment towards investing in Ab Cap Fund? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Pair Trading with Ab Cap

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 Cap 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 Cap will appreciate offsetting losses from the drop in the long position's value.

Ab Cap Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Ab Cap and Neuberger Berman Long. 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
Run Pair Correlation  
Please continue to Ab Cap Piotroski F Score and Ab Cap Altman Z Score analysis. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for ASLAX Mutual Fund analysis

When running Ab Cap Fund price analysis, check to measure Ab Cap'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 Cap is operating at the current time. Most of Ab Cap's value examination focuses on studying past and present price action to predict the probability of Ab Cap's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ab Cap's price. Additionally, you may evaluate how the addition of Ab Cap to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
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.