Alliancebernstein National Municipal Fund Market Outlook
| AFB Fund | USD 11.06 0.04 0.36% |
About 54% of Alliancebernstein's investor base is interested to short. The analysis of overall sentiment of trading Alliancebernstein National Municipal fund suggests that many investors are impartial at this time. The current market sentiment, together with Alliancebernstein's historical and current headlines, can help investors time the market. In addition, many technical investors use Alliancebernstein fund news signals to limit their universe of possible portfolio assets.
Comfort Level 46
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Alliancebernstein's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Alliancebernstein National Municipal.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Alliancebernstein National Municipal is 'Hold'. Macroaxis provides Alliancebernstein buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AFB positions.
Execute Alliancebernstein Advice
The Alliancebernstein recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Alliancebernstein National Municipal. Macroaxis does not own or have any residual interests in Alliancebernstein National Municipal or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Alliancebernstein's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
For the selected time horizon Alliancebernstein National Municipal has a Risk Adjusted Performance of 0.1045, Jensen Alpha of 0.0314, Total Risk Alpha of 0.0133, Sortino Ratio of (0.07) and Treynor Ratio of 0.4357Our trade advice tool can cross-verify current analyst consensus on Alliancebernstein and to analyze the fund potential to grow in the current economic cycle. To make sure Alliancebernstein is not overpriced, please confirm all Alliancebernstein fundamentals, including its shares owned by institutions and the relationship between the price to earning and gross profitshares owned by institutions, price to sales, total debt, as well as the relationship between the price to earning and gross profit .
Alliancebernstein Trading Alerts and Improvement Suggestions
| The fund generated five year return of -1.0% |
Alliancebernstein Returns Distribution Density
The distribution of Alliancebernstein's historical returns is an attempt to chart the uncertainty of Alliancebernstein's future price movements. The chart of the probability distribution of Alliancebernstein daily returns describes the distribution of returns around its average expected value. We use Alliancebernstein National Municipal price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Alliancebernstein returns is essential to provide solid investment analysis for Alliancebernstein.
| Mean Return | 0.05 | Value At Risk | -0.46 | Potential Upside | 0.56 | Standard Deviation | 0.31 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Alliancebernstein 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.
Alliancebernstein 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 Alliancebernstein or Financial Services 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 Alliancebernstein's price will be affected by overall 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 Alliancebernstein 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.
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.08 |
Alliancebernstein Volatility Alert
Alliancebernstein National Municipal exhibits very low volatility with skewness of -0.12 and kurtosis of -0.09. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Alliancebernstein's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Alliancebernstein's 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 financial instruments as prices fall.Alliancebernstein Fundamentals Vs Peers
Comparing Alliancebernstein'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 Alliancebernstein's direct or indirect competition across all of the common fundamentals between Alliancebernstein and the related equities. This way, we can detect undervalued stocks with similar characteristics as Alliancebernstein or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of Alliancebernstein's fundamental indicators could also be used in its relative valuation, which is a method of valuing Alliancebernstein by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Alliancebernstein to competition |
| Fundamentals | Alliancebernstein | Peer Average |
| Price To Earning | 36.40 X | 6.53 X |
| Price To Book | 0.72 X | 0.74 X |
| Price To Sales | 12.45 X | 0.61 X |
| Beta | 0.32 | |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 1.41 % | 0.39 % |
| One Year Return | 3.05 % | 4.15 % |
| Three Year Return | 2.80 % | 3.60 % |
| Five Year Return | (1.28) % | 3.24 % |
| Last Dividend Paid | 0.54 | 0.65 |
Alliancebernstein Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Alliancebernstein . 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 Alliancebernstein Buy or Sell Advice
When is the right time to buy or sell Alliancebernstein National Municipal? Buying financial instruments such as Alliancebernstein 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 Alliancebernstein 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 Market Neutral Funds Thematic Idea Now
Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 48 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 Market Neutral Funds Theme or any other thematic opportunities.
| View All Next | Launch |
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.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |