AVAAX Mutual Fund Alpha and Beta Analysis

AVAAX
 Fund
  

USD 10.62  0.01  0.09%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ab Municipal Income. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ab Municipal over a specified time horizon. Remember, high Ab Municipal's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please continue to Ab Municipal Backtesting, Portfolio Optimization, Ab Municipal Correlation, Ab Municipal Hype Analysis, Ab Municipal Volatility, Ab Municipal History and analyze Ab Municipal Performance.
  
Please note that although Ab Municipal alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Ab Municipal did 0.019899  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Ab Municipal Income fund's relative risk over its benchmark. Ab Municipal Income has a beta of 0.09  . Let's try to break down what AVAAX's beta means in this case. As returns on the market increase, Ab Municipal returns are expected to increase less than the market. However, during the bear market, the loss on holding Ab Municipal will be expected to be smaller as well.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Ab Municipal Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ab Municipal market risk premium is the additional return an investor will receive from holding Ab Municipal 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 Municipal. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Ab Municipal's performance over market.
α0.019899   β0.09
90 days against DJI

Ab Municipal expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Ab Municipal's Buy-and-hold return. Our buy-and-hold chart shows how Ab Municipal performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Ab Municipal Market Price Analysis

Market price analysis indicators help investors to evaluate how Ab Municipal mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ab Municipal shares will generate the highest return on investment. By understating and applying Ab Municipal mutual fund market price indicators, traders can identify Ab Municipal position entry and exit signals to maximize returns.

Ab Municipal Return and Market Media

The median price of Ab Municipal for the period between Thu, May 19, 2022 and Wed, Aug 17, 2022 is 10.48 with a coefficient of variation of 1.33. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 10.45, and mean deviation of 0.12. The Fund received substential amount of media coverage during this period.
 Price Growth (%)  
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About Ab Municipal Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including AVAAX or other funds. Alpha measures the amount that position in Ab Municipal Income has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Ab Municipal Investors Sentiment

The influence of Ab Municipal's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AVAAX. The overall investor sentiment generally increases the direction of a fund movement in a one-year investment horizon. However, the impact of investor sentiment on the entire fund markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ab Municipal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ab Municipal's short interest history, or implied volatility extrapolated from Ab Municipal options trading.

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Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please continue to Ab Municipal Backtesting, Portfolio Optimization, Ab Municipal Correlation, Ab Municipal Hype Analysis, Ab Municipal Volatility, Ab Municipal History and analyze Ab Municipal Performance. 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 Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for AVAAX Mutual Fund analysis

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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Ab Municipal technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Ab Municipal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ab Municipal trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...