Ab Discovery Value Fund Buy Hold or Sell Recommendation

ABSKX Fund  USD 22.52  0.46  2.09%   
Assuming the 90 days horizon and your slightly conservative level of risk, our recommendation regarding Ab Discovery Value is 'Hold'. Macroaxis provides Ab Discovery buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ABSKX positions. The advice algorithm takes into account all of Ab Discovery's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Ab Discovery's buy or sell advice are summarized below:
Real Value
22.24
Hype Value
22.52
Market Value
22.52
Naive Value
22.53
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ab Discovery Value given historical horizon and risk tolerance towards Ab Discovery. When Macroaxis issues a 'buy' or 'sell' recommendation for Ab Discovery Value, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Ab Discovery Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as ABSKX and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Ab Discovery Value. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Execute Ab Discovery Buy or Sell Advice

The ABSKX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ab Discovery Value. Macroaxis does not own or have any residual interests in Ab Discovery Value or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ab Discovery's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Ab DiscoveryBuy Ab Discovery
Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Ab Discovery Value has a Mean Deviation of 0.7269, Semi Deviation of 0.8643, Standard Deviation of 0.9503, Variance of 0.9031, Downside Variance of 1.09 and Semi Variance of 0.7469
Our advice module complements current analysts and expert consensus on Ab Discovery Value. It analyzes the entity potential to grow using all fundamental, technical, and market related data available at this time. Use Ab Discovery Value price to earning, year to date return, as well as the relationship between the Year To Date Return and last dividend paid to ensure your buy or sell decision on Ab Discovery Value is adequate.

Ab Discovery Trading Alerts and Improvement Suggestions

The fund holds 99.28% of its assets under management (AUM) in equities

Ab Discovery Returns Distribution Density

The distribution of Ab Discovery's historical returns is an attempt to chart the uncertainty of Ab Discovery's future price movements. The chart of the probability distribution of Ab Discovery daily returns describes the distribution of returns around its average expected value. We use Ab Discovery Value price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ab Discovery returns is essential to provide solid investment advice for Ab Discovery.
Mean Return
0.11
Value At Risk
-1.3
Potential Upside
1.52
Standard Deviation
0.95
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ab Discovery 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.

Ab Discovery 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 Ab Discovery or AllianceBernstein 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 Ab Discovery's price will be affected by overall mutual 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 ABSKX 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 NYSE Composite
-0.09
β
Beta against NYSE Composite1.51
σ
Overall volatility
0.97
Ir
Information ratio -0.03

Ab Discovery Volatility Alert

Ab Discovery Value has relatively low volatility with skewness of -0.56 and kurtosis of 0.96. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ab Discovery's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ab Discovery's mutual 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.

Ab Discovery Fundamentals Vs Peers

Comparing Ab Discovery'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 Ab Discovery's direct or indirect competition across all of the common fundamentals between Ab Discovery and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ab Discovery or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Ab Discovery's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ab Discovery by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ab Discovery to competition
FundamentalsAb DiscoveryPeer Average
Price To Earning16.51 X6.53 X
Price To Book1.51 X0.74 X
Price To Sales0.83 X0.61 X
Annual Yield0.0006 %0.29 %
Year To Date Return4.69 %0.39 %
One Year Return25.09 %4.15 %
Three Year Return4.43 %3.60 %
Five Year Return9.23 %3.24 %
Ten Year Return6.60 %1.79 %
Net Asset3.49 B4.11 B
Last Dividend Paid0.090.65
Cash Position Weight0.72 %10.61 %
Equity Positions Weight99.28 %63.90 %

Ab Discovery Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ABSKX . 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 Ab Discovery Buy or Sell Advice

When is the right time to buy or sell Ab Discovery Value? Buying financial instruments such as ABSKX Mutual 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 Ab Discovery 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 Materials ETFs Thematic Idea Now

Materials ETFs
Materials ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Materials ETFs theme has 47 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 Materials ETFs Theme or any other thematic opportunities.
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Check out Ab Discovery Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Please note, there is a significant difference between Ab Discovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ab Discovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Discovery'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.