AVAAX Mutual Fund Financials

AVAAX
 Fund
  

USD 10.11  0.02  0.20%   

You can use Ab Municipal Income fundamental data analysis to find out if markets are at this time mispricing the fund. We were able to analyze eleven available financial indicators for Ab Municipal, which can be compared to its peers in the sector. Please make use of Ab Municipal Income number of employees and ten year return to make a decision on whether Ab Municipal Income is priced fairly. Use Ab Municipal to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The fund experiences a normal downward trend and little activity. Check odds of Ab Municipal to be traded at $10.01 in 90 days.
  
With this module, you can analyze AVAAX financials for your investing period. You should be able to track the changes in Ab Municipal individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Ab Municipal Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ab Municipal's financial statements are interrelated, with each one affecting the others. For example, an increase in Ab Municipal's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 1
Ab Municipal Income has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Ab Municipal mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Ab Municipal's official financial statements usually reflect Ab Municipal's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ab Municipal Income. For example, before you start analyzing numbers published by AVAAX accountants, it's critical to develop an understanding of what Ab Municipal's liquidity, profitability, and earnings quality are in the context of the AllianceBernstein space in which it operates.
Please note that past performance is not an indicator of the future performance of Ab Municipal, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .

Ab Municipal Company Summary

Ab Municipal competes with McDonalds Corp. The investment seeks to earn the highest level of current income exempt from both federal income tax and Commonwealth of Virginia 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.
InstrumentUSA Mutual Fund View All
ExchangeNASDAQ Exchange
Business AddressAllianceBernstein Muni Income
Mutual Fund FamilyAllianceBernstein
Mutual Fund CategoryMuni Single State Interm
BenchmarkDOW
Phone800 227 4618
CurrencyUSD - US Dollar
You should never invest in Ab Municipal without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of AVAAX Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Ab Municipal's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Ab Municipal Key Financial Ratios

Generally speaking, Ab Municipal's financial ratios allow both analysts and investors to convert raw data from Ab Municipal's financial statements into concise, actionable information that can be used to evaluate the performance of Ab Municipal over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ab Municipal Income reports annually and quarterly.

AVAAX Financial Ratios 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 the top fund in one year return among similar funds. It is the top fund in three year return among similar funds reporting about  1.49  of Three Year Return per One Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ab Municipal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ab Municipal'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 Municipal's earnings, one of the primary drivers of an investment's value.

Ab Municipal Income Systematic Risk

Ab Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ab Municipal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Ab Municipal Income correlated with the market. If Beta is less than 0 Ab Municipal generally moves in the opposite direction as compared to the market. If Ab Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ab Municipal Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ab Municipal is generally in the same direction as the market. If Beta > 1 Ab Municipal moves generally in the same direction as, but more than the movement of the benchmark.
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About Ab Municipal Financials

What exactly are Ab Municipal Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Ab Municipal's income statement, its balance sheet, and the statement of cash flows. Potential Ab Municipal investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ab Municipal investors may use each financial statement separately, they are all related. The changes in Ab Municipal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ab Municipal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Ab Municipal is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of AVAAX has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
Ab Municipal Income is the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni Single State Interm category is currently estimated at about 475.92 Million. Ab Municipal totals roughly 237.96 Million in net asset claiming about 50% of funds under Muni Single State Interm category.

Ab Municipal September 24, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ab Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ab Municipal Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ab Municipal Income based on widely used predictive technical indicators. In general, we focus on analyzing AVAAX Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ab Municipal's daily price indicators and compare them against related drivers.
Information Ratio0.0687
Maximum Drawdown1.06
Value At Risk(0.47)
Potential Upside0.2921
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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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.