Ab Impact Municipal Fund Probability of Future Mutual Fund Price Finishing Under 9.58
| ABIMX Fund | USD 9.93 0.04 0.40% |
ABIMX |
Ab Impact Target Price Odds to finish below 9.58
The tendency of ABIMX Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 9.58 or more in 90 days |
| 9.93 | 90 days | 9.58 | near 1 |
Based on a normal probability distribution, the odds of Ab Impact to drop to $ 9.58 or more in 90 days from now is near 1 (This Ab Impact Municipal probability density function shows the probability of ABIMX Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Ab Impact Municipal price to stay between $ 9.58 and its current price of $9.93 at the end of the 90-day period is about 72.79 .
Assuming the 90 days horizon Ab Impact Municipal has a beta of -0.12. This suggests as returns on the benchmark increase, returns on holding Ab Impact are expected to decrease at a much lower rate. During a bear market, however, Ab Impact Municipal is likely to outperform the market. Additionally Ab Impact Municipal has an alpha of 0.0183, implying that it can generate a 0.0183 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Ab Impact Price Density |
| Price |
Predictive Modules for Ab Impact
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ab Impact Municipal. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Ab Impact Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ab Impact is not an exception. The market had few large corrections towards the Ab Impact's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ab Impact Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ab Impact within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.39 |
Ab Impact Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ab Impact for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ab Impact Municipal can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund generated three year return of 0.0% | |
| Ab Impact Municipal holds about 98.04% of its assets under management (AUM) in fixed income securities |
Ab Impact Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ABIMX Mutual Fund often depends not only on the future outlook of the current and potential Ab Impact's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ab Impact's indicators that are reflective of the short sentiment are summarized in the table below.
Ab Impact Technical Analysis
Ab Impact's future price can be derived by breaking down and analyzing its technical indicators over time. ABIMX Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ab Impact Municipal. In general, you should focus on analyzing ABIMX Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Ab Impact Predictive Forecast Models
Ab Impact's time-series forecasting models is one of many Ab Impact's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Ab Impact's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Ab Impact Municipal
Checking the ongoing alerts about Ab Impact for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ab Impact Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of 0.0% | |
| Ab Impact Municipal holds about 98.04% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in ABIMX Mutual Fund
Ab Impact financial ratios help investors to determine whether ABIMX Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ABIMX with respect to the benefits of owning Ab Impact security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |