AAZAX Mutual Fund Quote

AAZAX -  USA Fund  

USD 11.44  0.01  0.09%

Ab Municipal is trading at 11.44 as of the 25th of September 2021; that is -0.09 percent decrease since the beginning of the trading day. The fund's open price was 11.45. Ab Municipal has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Ab Municipal Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2021 and ending today, the 25th of September 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 1

Ab Municipal Mutual Fund Profile

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. more on Ab Municipal
Ab Municipal Income generates negative expected return over the last 90 days
Ab Municipal Income is unlikely to experience financial distress in the next 2 years
The fund holds about 95.49% of its assets under management (AUM) in fixed income securities
Legal NameAb Municipal Income
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Ab Municipal's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Beta In Three Year1.06
Startdate1st of June 1995
Ab Municipal Income [AAZAX] is traded in USA and was established 25th of September 2021. The fund is listed under Muni Single State Interm category and is part of AllianceBernstein family. Ab Municipal Income presently has accumulated 119.79 M in assets under management (AUM) with minimum initial investment of 2.5 K. , while the total return for the last 3 years was 2.4%.
Check Ab Municipal Probability Of Bankruptcy

Instrument Allocation

Ab Municipal Target Price Odds Analysis

What are Ab Municipal's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Ab Municipal jumping above the current price in 90 days from now is about 87.21%. The Ab Municipal Income probability density function shows the probability of Ab Municipal mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ab Municipal Income has a beta of close to zero. This suggests the returns on DOW and Ab Municipal do not appear to be sensitive. Additionally, it does not look like the company alpha can have any bearing on the current equity valuation.
 Odds Down 11.44HorizonTargetOdds Up 11.44 
10.67%90 days
 11.44 
87.21%
Based on a normal probability distribution, the odds of Ab Municipal to move above the current price in 90 days from now is about 87.21 (This Ab Municipal Income probability density function shows the probability of AAZAX Mutual Fund to fall within a particular range of prices over 90 days) .

Ab Municipal Income Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ab Municipal market risk premium is the additional return an investor will receive from holding Ab Municipal long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ab Municipal. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ab Municipal's alpha and beta are two of the key measurements used to evaluate Ab Municipal's performance over the market, the standard measures of volatility play an important role as well.

Ab Municipal Against Markets

Picking the right benchmark for Ab Municipal mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ab Municipal mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ab Municipal is critical whether you are bullish or bearish towards Ab Municipal Income at a given time.

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Our tools can tell you how much better you can do entering a position in Ab Municipal without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please continue to Trending Equities. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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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.