APAAX Mutual Fund Buy Hold or Sell Recommendation


USD 9.56  0.02  0.21%   

Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Ab Municipal Income is 'Cautious Hold'. Macroaxis provides Ab Municipal buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding APAAX positions. The advice algorithm takes into account all of Ab Municipal's available fundamental, technical, and predictive indicators you will find on this site.
The advice is provided from Ab Municipal's buy-and-hold perspective. Please continue to Ab 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 APAAX and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Ab Municipal Income.

Execute Ab Municipal Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Ab MunicipalBuy Ab Municipal
Cautious Hold



Hype Condition


Current Valuation


Odds of Distress


Economic Sensitivity


Analyst Consensus

Not Available
For the selected time horizon Ab Municipal Income has a Mean Deviation of 0.2138, Standard Deviation of 0.3008 and Variance of 0.0905
We provide trade recommendation to complement the latest expert consensus on Ab Municipal Income. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at this time. Please makes use of Ab Municipal Income number of employees, ten year return, as well as the relationship between the Ten Year Return and bond positions weight to make buy, hold, or sell decision on Ab Municipal Income.

Ab Municipal Trading Alerts and Improvement Suggestions

Ab Municipal Income generated a negative expected return over the last 90 days
Ab Municipal Income is unlikely to experience financial distress in the next 2 years
On 31st of October 2022 Ab Municipal paid $ 0.0226 per share dividend to its current shareholders
Latest headline from news.google.com: Apax Global says Apax IX signs to sell entire stake in Kepro - Morningstar
The fund holds about 99.5% of its assets under management (AUM) in fixed income securities

Ab Municipal Returns Distribution Density

The distribution of Ab Municipal's historical returns is an attempt to chart the uncertainty of Ab Municipal's future price movements. The chart of the probability distribution of Ab Municipal stock daily returns describes the distribution of returns around its average expected value. We use Ab Municipal Income price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ab Municipal returns is essential to provide solid investment advice for Ab Municipal.
Mean Return-0.02Value At Risk-0.43
Potential Upside0.43Standard Deviation0.30
   Return Density   
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ab 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.

Ab 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 Ab 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 Ab 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 APAAX 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.
Alpha over DOW
Beta against DOW0.0462
Overall volatility
Information ratio -0.19

Ab Municipal Volatility Alert

Ab Municipal Income exhibits very low volatility with skewness of 0.55 and kurtosis of 2.74. However, we advise investors to further study Ab Municipal Income 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 Ab 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 Ab 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.

Ab Municipal Fundamentals Vs Peers

Comparing Ab 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 Ab Municipal's direct or indirect competition across all of the common fundamentals between Ab Municipal and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ab Municipal or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Ab Municipal's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ab Municipal by comparing valuation metrics with those of similar companies.
 Better Than Average     
 Worse Than Average Compare Ab Municipal to competition
FundamentalsAb MunicipalPeer Average
One Year Return1.93 %4.15 %
Three Year Return2.70 %3.60 %
Five Year Return3.06 %3.24 %
Ten Year Return3.59 %1.79 %
Net Asset68.44 M4.11 B
Minimum Initial Investment2.5 K976.16 K
Last Dividend Paid0.020.65
Cash Position Weight0.50 %10.61 %
Bond Positions Weight99.50 %11.24 %

Ab Municipal Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as APAAX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Ab Municipal Buy or Sell Advice

When is the right time to buy or sell Ab Municipal Income? Buying financial instruments such as APAAX 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 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.

Did You Try This Idea?

Run Utilities Thematic Idea Now

Utilities Theme
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 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 Utilities Theme or any other thematic opportunities.
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Please continue to Ab 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 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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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.