ALCAX Mutual Fund Technical Analysis

ALCAX
 Fund
  

USD 10.34  0.03  0.29%   

As of the 1st of July, Ab Municipal owns the Standard Deviation of 0.323, coefficient of variation of (527.71), and Market Risk Adjusted Performance of (1.02). Ab Municipal Income technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Ab Municipal, which can be compared to its peers in the sector. Please confirm Ab Municipal Income coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Ab Municipal Income is priced adequately, providing market reflects its prevailing price of 10.34 per share.
  
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Ab Municipal Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ALCAX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ALCAX
Ab Municipal's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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, stock 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...

Ab Municipal Income Technical Analysis

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The output start index for this execution was sixty with a total number of output elements of one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ab Municipal Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Ab Municipal Income Trend Analysis

Use this graph to draw trend lines for Ab Municipal Income. You can use it to identify possible trend reversals for Ab Municipal as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ab Municipal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ab Municipal Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ab Municipal Income applied against its price change over selected period. The best fit line has a slop of   -0.0055  , which may suggest that Ab Municipal Income market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.16, which is the sum of squared deviations for the predicted Ab Municipal price change compared to its average price change.

About Ab Municipal Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ab Municipal Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ab Municipal Income based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Ab Municipal Income stock first instead of the macroeconomic environment surrounding Ab Municipal Income. By analyzing Ab Municipal's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ab Municipal's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ab Municipal specific price patterns or momentum indicators. Please read more on our technical analysis page.

Ab Municipal July 1, 2022 Technical Indicators

Most technical analysis of ALCAX help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ALCAX from various momentum indicators to cycle indicators. When you analyze ALCAX charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Ab Municipal Income One Year Return

Based on the recorded statements, Ab Municipal Income has an One Year Return of 0.66%. This is 121.78% lower than that of the AllianceBernstein family and significantly higher than that of the Muni California Intermediate category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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 Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for ALCAX 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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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.