Ab Municipal Cash Position Weight vs. Bond Positions Weight

AVAAX
 Fund
  

USD 10.24  0.02  0.19%   

For Ab Municipal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ab Municipal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ab Municipal Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ab Municipal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ab Municipal Income over time as well as its relative position and ranking within its peers. Please continue to Trending Equities.
  
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.

Ab Municipal Income Bond Positions Weight vs. Cash Position Weight Fundamental Analysis

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.
Ab Municipal Income is second largest fund in cash position weight among similar funds. It is third largest fund in bond positions weight among similar funds creating about  3.83  of Bond Positions Weight per Cash Position Weight. . 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.

AVAAX Bond Positions Weight vs. Cash Position Weight

Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Ab Municipal 
Cash Percentage 
 = 
% of Cash 
 
in the fund 
1.35 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Ab Municipal 
Bond Percentage 
 = 
% of Bonds 
 
in the fund 
5.17 %
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.

AVAAX Bond Positions Weight Comparison

Ab Municipal is currently under evaluation in bond positions weight among similar funds.

Ab Municipal Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ab Municipal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ab Municipal will eventually generate negative long term returns. The profitability progress is the general direction of Ab Municipal's change in net profit over the period of time. It can combine multiple indicators of Ab Municipal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests at least 80 percent of its net assets in municipal securities that pay interest that is exempt from federal income tax. Ab Municipal is traded on NASDAQ Exchange in the United States.

AVAAX Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Ab Municipal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ab Municipal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ab Municipal's important profitability drivers and their relationship over time.

Use Ab Municipal in pair-trading

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 Trading

Ab Municipal Income Pair Trading Analysis

The ability to find closely correlated positions to Ab Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ab Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ab Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ab Municipal Income to buy it.
The correlation of Ab Municipal is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ab Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ab Municipal Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ab Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Ab Municipal position

In addition to having Ab Municipal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Cancer Fighters
Cancer Fighters Theme
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 58 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cancer Fighters Theme or any other thematic opportunities.
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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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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To fully project Ab Municipal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ab Municipal Income at a specified time, usually calculated after every quarter, six months, or one year. 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 can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Ab Municipal investors may work on 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.