Ab Wealth Appreciation Fund Buy Hold or Sell Recommendation

AWAYX Fund  USD 20.56  0.13  0.64%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Ab Wealth Appreciation is 'Sell'. Macroaxis provides Ab Wealth buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AWAYX positions. The advice algorithm takes into account all of Ab Wealth's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Ab Wealth's buy or sell advice are summarized below:
Real Value
20.16
Hype Value
20.56
Market Value
20.56
Naive Value
20.53
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ab Wealth Appreciation given historical horizon and risk tolerance towards Ab Wealth. When Macroaxis issues a 'buy' or 'sell' recommendation for Ab Wealth Appreciation, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Ab Wealth 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 AWAYX and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Ab Wealth Appreciation. 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 manufacturing.

Execute Ab Wealth Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Ab WealthBuy Ab Wealth
Sell

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Ab Wealth Appreciation has a Mean Deviation of 0.5174, Semi Deviation of 0.2326, Standard Deviation of 0.6606, Variance of 0.4364, Downside Variance of 0.3921 and Semi Variance of 0.0541
Our advice module complements current analysts and expert consensus on Ab Wealth Appreciation. It analyzes the entity potential to grow using all fundamental, technical, and market related data available at this time. Use Ab Wealth Appreciation 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 Wealth Appreciation is adequate.

Ab Wealth Trading Alerts and Improvement Suggestions

The fund holds 98.94% of its assets under management (AUM) in equities

Ab Wealth Returns Distribution Density

The distribution of Ab Wealth's historical returns is an attempt to chart the uncertainty of Ab Wealth's future price movements. The chart of the probability distribution of Ab Wealth daily returns describes the distribution of returns around its average expected value. We use Ab Wealth Appreciation price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ab Wealth returns is essential to provide solid investment advice for Ab Wealth.
Mean Return
0.18
Value At Risk
-0.81
Potential Upside
1.25
Standard Deviation
0.66
   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 Wealth 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 Wealth 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 Wealth 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 Wealth'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 AWAYX 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
0.18
β
Beta against NYSE Composite-0.04
σ
Overall volatility
0.68
Ir
Information ratio 0.08

Ab Wealth Volatility Alert

Ab Wealth Appreciation exhibits relatively low volatility with skewness of 0.04 and kurtosis of -0.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ab Wealth'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 Wealth'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 Wealth Fundamentals Vs Peers

Comparing Ab Wealth'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 Wealth's direct or indirect competition across all of the common fundamentals between Ab Wealth and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ab Wealth or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Ab Wealth's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ab Wealth by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ab Wealth to competition
FundamentalsAb WealthPeer Average
Price To Earning17.42 X6.53 X
Price To Book1.98 X0.74 X
Price To Sales1.31 X0.61 X
Annual Yield0.01 %0.29 %
Year To Date Return10.77 %0.39 %
One Year Return29.86 %4.15 %
Three Year Return7.94 %3.60 %
Five Year Return11.07 %3.24 %
Ten Year Return7.62 %1.79 %
Net Asset1.38 B4.11 B
Last Dividend Paid0.070.65
Cash Position Weight1.05 %10.61 %
Equity Positions Weight98.94 %63.90 %

Ab Wealth Market Momentum

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

When is the right time to buy or sell Ab Wealth Appreciation? Buying financial instruments such as AWAYX 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 Wealth 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.

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Run High Yield ETFs Thematic Idea Now

High Yield ETFs
High Yield ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Yield ETFs theme has 95 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 High Yield ETFs Theme or any other thematic opportunities.
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Check out Ab Wealth 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Ab Wealth's price analysis, check to measure Ab Wealth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ab Wealth is operating at the current time. Most of Ab Wealth's value examination focuses on studying past and present price action to predict the probability of Ab Wealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ab Wealth's price. Additionally, you may evaluate how the addition of Ab Wealth to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ab Wealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ab Wealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Wealth'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.