DIVERSIFIED Mutual Fund Buy Hold or Sell Recommendation

AIDAX
 Fund
  

USD 13.71  0.02  0.15%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding DIVERSIFIED MUNICIPAL PORTFOLIO is 'Cautious Hold'. Macroaxis provides DIVERSIFIED MUNICIPAL buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AIDAX positions. The advice algorithm takes into account all of DIVERSIFIED MUNICIPAL's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from DIVERSIFIED MUNICIPAL's buy-and-hold perspective. Please continue to DIVERSIFIED MUNICIPAL Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as DIVERSIFIED and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards DIVERSIFIED MUNICIPAL PORTFOLIO.

Execute DIVERSIFIED MUNICIPAL Buy or Sell Advice

The DIVERSIFIED recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on DIVERSIFIED MUNICIPAL PORTFOLIO. Macroaxis does not own or have any residual interests in DIVERSIFIED MUNICIPAL PORTFOLIO or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute DIVERSIFIED MUNICIPAL's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell DIVERSIFIED MUNICIPALBuy DIVERSIFIED MUNICIPAL
Cautious Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon DIVERSIFIED MUNICIPAL PORTFOLIO has a Mean Deviation of 0.1227, Semi Deviation of 0.1131, Standard Deviation of 0.1768, Variance of 0.0312, Downside Variance of 0.0431 and Semi Variance of 0.0128
Our trade advice tool can cross-verify current analyst consensus on DIVERSIFIED MUNICIPAL and to analyze the fund potential to grow next year. Please use DIVERSIFIED MUNICIPAL total asset and net asset to make buy, hold, or sell decision on DIVERSIFIED MUNICIPAL.

DIVERSIFIED MUNICIPAL Trading Alerts and Improvement Suggestions

DIVERSIFIED MUNICIPAL is unlikely to experience financial distress in the next 2 years
On 18th of November 2022 DIVERSIFIED MUNICIPAL paid $ 0.0265 per share dividend to its current shareholders
Latest headline from news.google.com: Audax buys into Medi-Weightloss through new lower mid-market Origins strategy - AltAssets Private Equity News
The fund holds most of the assets under management (AUM) in different types of exotic instruments.

DIVERSIFIED MUNICIPAL Returns Distribution Density

The distribution of DIVERSIFIED MUNICIPAL's historical returns is an attempt to chart the uncertainty of DIVERSIFIED MUNICIPAL's future price movements. The chart of the probability distribution of DIVERSIFIED MUNICIPAL stock daily returns describes the distribution of returns around its average expected value. We use DIVERSIFIED MUNICIPAL PORTFOLIO price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of DIVERSIFIED MUNICIPAL returns is essential to provide solid investment advice for DIVERSIFIED MUNICIPAL.
Mean Return0.0101Value At Risk-0.3
Potential Upside0.30Standard Deviation0.18
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of DIVERSIFIED MUNICIPAL historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

DIVERSIFIED MUNICIPAL Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to DIVERSIFIED MUNICIPAL or AllianceBernstein sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that DIVERSIFIED MUNICIPAL's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a DIVERSIFIED fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.0022
β
Beta against NYSE Composite0.032
σ
Overall volatility
0.18
Ir
Information ratio -0.4

DIVERSIFIED MUNICIPAL Volatility Alert

DIVERSIFIED MUNICIPAL PORTFOLIO exhibits very low volatility with skewness of 0.17 and kurtosis of 2.2. However, we advise investors to further study DIVERSIFIED MUNICIPAL PORTFOLIO technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure DIVERSIFIED MUNICIPAL's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact DIVERSIFIED MUNICIPAL's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

DIVERSIFIED MUNICIPAL Fundamentals Vs Peers

Comparing DIVERSIFIED MUNICIPAL's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze DIVERSIFIED MUNICIPAL's direct or indirect competition across all of the common fundamentals between DIVERSIFIED MUNICIPAL and the related equities. This way, we can detect undervalued stocks with similar characteristics as DIVERSIFIED MUNICIPAL or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of DIVERSIFIED MUNICIPAL's fundamental indicators could also be used in its relative valuation, which is a method of valuing DIVERSIFIED MUNICIPAL by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare DIVERSIFIED MUNICIPAL to competition
FundamentalsDIVERSIFIED MUNICIPALPeer Average
One Year Return1.48 %4.15 %
Three Year Return1.91 %3.60 %
Five Year Return1.93 %3.24 %
Ten Year Return2.16 %1.79 %
Net Asset5.53 B4.11 B
Last Dividend Paid0.020.65
Cash Position Weight0.79 %10.61 %
Bond Positions Weight0.70 %11.24 %

About DIVERSIFIED MUNICIPAL Buy or Sell Advice

When is the right time to buy or sell DIVERSIFIED MUNICIPAL PORTFOLIO? Buying financial instruments such as DIVERSIFIED Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having DIVERSIFIED 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.

Did You Try This Idea?

Run Cars Thematic Idea Now

Cars
Cars Theme
Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 40 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 Cars Theme or any other thematic opportunities.
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Please continue to DIVERSIFIED MUNICIPAL Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the DIVERSIFIED MUNICIPAL information on this page should be used as a complementary analysis to other DIVERSIFIED 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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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