Ab Municipal Bond Fund Price on November 5, 2024
| AUNYX Fund | USD 10.82 0.01 0.09% |
Below is the normalized historical share price chart for Ab Municipal Bond extending back to January 27, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ab Municipal stands at 10.82, as last reported on the 29th of November, with the highest price reaching 10.82 and the lowest price hitting 10.82 during the day.
If you're considering investing in AUNYX Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider AUNYX Mutual Fund to be very steady. Ab Municipal Bond retains Efficiency (Sharpe Ratio) of 0.12, which signifies that the fund had a 0.12% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Ab Municipal, which you can use to evaluate the volatility of the entity. Please confirm Ab Municipal's Coefficient Of Variation of 1045.07, standard deviation of 0.1633, and Market Risk Adjusted Performance of 0.3079 to double-check if the risk estimate we provide is consistent with the expected return of 0.0193%.
AUNYX Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
AUNYX |
Sharpe Ratio = 0.1171
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Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Ab Municipal is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ab Municipal by adding it to a well-diversified portfolio.
Ab Municipal Valuation on November 5, 2024
It is possible to determine the worth of Ab Municipal on a given historical date. On November 5, 2024 AUNYX was worth 10.77 at the beginning of the trading date compared to the closed value of 10.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ab Municipal mutual fund. Still, in general, we apply an absolute valuation method to find Ab Municipal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ab Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ab Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 10.76 | 10.76 | 10.76 | 10.76 | 1.00 | |
11/05/2024 | 10.77 | 10.77 | 10.77 | 10.77 | 1.00 |
| 10.75 | 10.75 | 10.75 | 10.75 | 1.00 |
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Ab Municipal Trading Date Momentum on November 5, 2024
| On November 06 2024 Ab Municipal Bond was traded for 10.75 at the closing time. The highest daily price throughout the period was 10.75 and the lowest price was 10.75 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.19% . The overall trading delta to current closing price is 0.28% . |
Ab Municipal Bond Fundamentals Correlations and Trends
By evaluating Ab Municipal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ab Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AUNYX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ab Municipal Mutual Fund history
Ab Municipal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AUNYX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ab Municipal Bond will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ab Municipal stock prices may prove useful in developing a viable investing in Ab Municipal
The fund pursues its objective by investing principally in high-quality, predominantly investment-grade, municipal securities that pay interest exempt from federal taxation. It will invest at least 80 percent of its total assets in fixed-income securities rated A or better or the equivalent by one or more nationally recognized statistical rating organizations. The fund may invest up to 20 percent of its total assets in below investment grade fixed-income securities .
Ab Municipal Mutual Fund Technical Analysis
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.
Price Boundaries
Ab Municipal Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Ab Municipal Bond cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ab Municipal November 29, 2024 Market Strength
Market strength 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 undertsting and applying Ab Municipal mutual fund market strength indicators, traders can identify Ab Municipal Bond entry and exit signals to maximize returns
Ab Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ab Municipal's price direction in advance. Along with the technical and fundamental analysis of AUNYX Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of AUNYX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0364 | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.53) | |||
| Treynor Ratio | 0.2979 |
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Other Information on Investing in AUNYX Mutual Fund
Ab Municipal financial ratios help investors to determine whether AUNYX 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 AUNYX with respect to the benefits of owning Ab Municipal security.
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