Alliancebernstein National Municipal Fund Probability of Future Fund Price Finishing Over 11.23
| AFB Fund | USD 11.23 0.03 0.27% |
Alliancebernstein |
Alliancebernstein Target Price Odds to finish over 11.23
The tendency of Alliancebernstein 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 move above the current price in 90 days |
| 11.23 | 90 days | 11.23 | about 86.55 |
Based on a normal probability distribution, the odds of Alliancebernstein to move above the current price in 90 days from now is about 86.55 (This Alliancebernstein National Municipal probability density function shows the probability of Alliancebernstein Fund to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Alliancebernstein National Municipal has a beta of -0.0574. This suggests as returns on the benchmark increase, returns on holding Alliancebernstein are expected to decrease at a much lower rate. During a bear market, however, Alliancebernstein National Municipal is likely to outperform the market. Additionally Alliancebernstein National Municipal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Alliancebernstein Price Density |
| Price |
Predictive Modules for Alliancebernstein
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alliancebernstein. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Alliancebernstein Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alliancebernstein is not an exception. The market had few large corrections towards the Alliancebernstein'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 Alliancebernstein National Municipal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alliancebernstein within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.21 |
Alliancebernstein 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 Alliancebernstein for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alliancebernstein can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alliancebernstein generated a negative expected return over the last 90 days | |
| The fund generated three year return of -3.0% |
Alliancebernstein Technical Analysis
Alliancebernstein's future price can be derived by breaking down and analyzing its technical indicators over time. Alliancebernstein Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alliancebernstein National Municipal. In general, you should focus on analyzing Alliancebernstein Fund price patterns and their correlations with different microeconomic environments and drivers.
Alliancebernstein Predictive Forecast Models
Alliancebernstein's time-series forecasting models is one of many Alliancebernstein's 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 Alliancebernstein'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 fund market movement and maximize returns from investment trading.
Things to note about Alliancebernstein
Checking the ongoing alerts about Alliancebernstein for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alliancebernstein help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alliancebernstein generated a negative expected return over the last 90 days | |
| The fund generated three year return of -3.0% |
Other Information on Investing in Alliancebernstein Fund
Alliancebernstein financial ratios help investors to determine whether Alliancebernstein 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 Alliancebernstein with respect to the benefits of owning Alliancebernstein security.
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