ANACX Mutual Fund Quote

ANACX
 Fund
  

USD 6.87  0.40  5.50%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
AB GLOBAL is trading at 6.87 as of the 4th of December 2022; that is -5.5% down since the beginning of the trading day. The fund's open price was 7.27. AB GLOBAL 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 GLOBAL BOND are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of November 2022 and ending today, the 4th of December 2022. Click here to learn more.
CUSIP
01853W303
ISIN
US01853W3034
Fiscal _ Year _ End
September
The fund invests at least 80 percent of its net assets in fixed-income securities. Ab Global is traded on NASDAQ Exchange in the United States. More on AB GLOBAL BOND

AB GLOBAL Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AB GLOBAL's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AB GLOBAL or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
AB GLOBAL BOND generated a negative expected return over the last 90 days
On 31st of October 2022 AB GLOBAL paid $ 0.0093 per share dividend to its current shareholders
The fund holds about 48.26% of its assets under management (AUM) in fixed income securities
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 GLOBAL's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Startdate1st of February 2019
AB GLOBAL BOND [ANACX] is traded in USA and was established 4th of December 2022. The fund is listed under World Bond-USD Hedged category and is part of AllianceBernstein family. AB GLOBAL BOND presently has accumulated 5.9 B in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 2.11%.
Check AB GLOBAL Probability Of Bankruptcy

Instrument Allocation

AB GLOBAL Target Price Odds Analysis

Based on a normal probability distribution, the odds of AB GLOBAL jumping above the current price in 90 days from now is about 98.0%. The AB GLOBAL BOND probability density function shows the probability of AB GLOBAL mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon AB GLOBAL has a beta of 0.1272. This suggests as returns on the market go up, AB GLOBAL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AB GLOBAL BOND will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. AB GLOBAL BOND is significantly underperforming NYSE Composite.
  Odds Below 6.87HorizonTargetOdds Above 6.87
1.45%90 days
 6.87 
98.49%
Based on a normal probability distribution, the odds of AB GLOBAL to move above the current price in 90 days from now is about 98.0 (This AB GLOBAL BOND probability density function shows the probability of ANACX Mutual Fund to fall within a particular range of prices over 90 days) .

AB GLOBAL BOND Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. AB GLOBAL market risk premium is the additional return an investor will receive from holding AB GLOBAL 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 GLOBAL. 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 GLOBAL's alpha and beta are two of the key measurements used to evaluate AB GLOBAL's performance over the market, the standard measures of volatility play an important role as well.

AB GLOBAL Against Markets

Picking the right benchmark for AB GLOBAL 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 GLOBAL 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 GLOBAL is critical whether you are bullish or bearish towards AB GLOBAL BOND at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AB GLOBAL without increasing your portfolio risk or giving up the 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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Invested in AB GLOBAL BOND?

The danger of trading AB GLOBAL BOND is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AB GLOBAL is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AB GLOBAL. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AB GLOBAL BOND is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the AB GLOBAL BOND information on this page should be used as a complementary analysis to other AB GLOBAL'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for ANACX Mutual Fund analysis

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