Alliancebernstein Holding Lp Stock Market Value

AB Stock  USD 34.74  0.01  0.03%   
AllianceBernstein's market value is the price at which a share of AllianceBernstein trades on a public exchange. It measures the collective expectations of AllianceBernstein Holding LP investors about its performance. AllianceBernstein is trading at 34.74 as of the 29th of March 2024, a -0.03 percent decrease since the beginning of the trading day. The stock's open price was 34.75.
With this module, you can estimate the performance of a buy and hold strategy of AllianceBernstein Holding LP and determine expected loss or profit from investing in AllianceBernstein over a given investment horizon. Check out AllianceBernstein Correlation, AllianceBernstein Volatility and AllianceBernstein Alpha and Beta module to complement your research on AllianceBernstein.
Symbol

AllianceBernstein Price To Book Ratio

Is AllianceBernstein's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AllianceBernstein. If investors know AllianceBernstein will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AllianceBernstein listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.207
Dividend Share
2.69
Earnings Share
2.34
Revenue Per Share
2.654
Quarterly Revenue Growth
(0.46)
The market value of AllianceBernstein is measured differently than its book value, which is the value of AllianceBernstein that is recorded on the company's balance sheet. Investors also form their own opinion of AllianceBernstein's value that differs from its market value or its book value, called intrinsic value, which is AllianceBernstein's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AllianceBernstein's market value can be influenced by many factors that don't directly affect AllianceBernstein's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AllianceBernstein's value and its price as these two are different measures arrived at by different means. Investors typically determine if AllianceBernstein is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AllianceBernstein'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.

AllianceBernstein 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to AllianceBernstein's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of AllianceBernstein.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in AllianceBernstein on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding AllianceBernstein Holding LP or generate 0.0% return on investment in AllianceBernstein over 30 days. AllianceBernstein is related to or competes with Bank of New York, Brookfield Corp, WisdomTree, and MidCap Financial. AllianceBernstein Holding L.P. is publicly owned investment manager More

AllianceBernstein Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AllianceBernstein's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess AllianceBernstein Holding LP upside and downside potential and time the market with a certain degree of confidence.

AllianceBernstein Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AllianceBernstein's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AllianceBernstein's standard deviation. In reality, there are many statistical measures that can use AllianceBernstein historical prices to predict the future AllianceBernstein's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AllianceBernstein's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
33.3534.7736.19
Details
Intrinsic
Valuation
LowRealHigh
34.0135.4336.85
Details
Naive
Forecast
LowNextHigh
33.2134.6336.05
Details
6 Analysts
Consensus
LowTargetHigh
34.0237.3841.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AllianceBernstein. Your research has to be compared to or analyzed against AllianceBernstein's peers to derive any actionable benefits. When done correctly, AllianceBernstein's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AllianceBernstein.

AllianceBernstein Backtested Returns

AllianceBernstein appears to be very steady, given 3 months investment horizon. AllianceBernstein secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for AllianceBernstein Holding LP, which you can use to evaluate the volatility of the firm. Please makes use of AllianceBernstein's Mean Deviation of 1.08, downside deviation of 1.41, and Risk Adjusted Performance of 0.0776 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AllianceBernstein holds a performance score of 13. The firm shows a Beta (market volatility) of 1.06, which signifies a somewhat significant risk relative to the market. AllianceBernstein returns are very sensitive to returns on the market. As the market goes up or down, AllianceBernstein is expected to follow. Please check AllianceBernstein's treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether AllianceBernstein's price patterns will revert.

Auto-correlation

    
  0.75  

Good predictability

AllianceBernstein Holding LP has good predictability. Overlapping area represents the amount of predictability between AllianceBernstein time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AllianceBernstein price movement. The serial correlation of 0.75 indicates that around 75.0% of current AllianceBernstein price fluctuation can be explain by its past prices.
Correlation Coefficient0.75
Spearman Rank Test0.72
Residual Average0.0
Price Variance0.29

AllianceBernstein lagged returns against current returns

Autocorrelation, which is AllianceBernstein stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting AllianceBernstein's stock expected returns. We can calculate the autocorrelation of AllianceBernstein returns to help us make a trade decision. For example, suppose you find that AllianceBernstein has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

AllianceBernstein regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If AllianceBernstein stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AllianceBernstein stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AllianceBernstein stock over time.
   Current vs Lagged Prices   
       Timeline  

AllianceBernstein Lagged Returns

When evaluating AllianceBernstein's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AllianceBernstein stock have on its future price. AllianceBernstein autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, AllianceBernstein autocorrelation shows the relationship between AllianceBernstein stock current value and its past values and can show if there is a momentum factor associated with investing in AllianceBernstein Holding LP.
   Regressed Prices   
       Timeline  

Pair Trading with AllianceBernstein

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AllianceBernstein position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AllianceBernstein will appreciate offsetting losses from the drop in the long position's value.

Moving together with AllianceBernstein Stock

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Moving against AllianceBernstein Stock

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The ability to find closely correlated positions to AllianceBernstein could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AllianceBernstein when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AllianceBernstein - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AllianceBernstein Holding LP to buy it.
The correlation of AllianceBernstein is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AllianceBernstein moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AllianceBernstein moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AllianceBernstein can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether AllianceBernstein offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AllianceBernstein's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alliancebernstein Holding Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alliancebernstein Holding Lp Stock:
Check out AllianceBernstein Correlation, AllianceBernstein Volatility and AllianceBernstein Alpha and Beta module to complement your research on AllianceBernstein.
Note that the AllianceBernstein information on this page should be used as a complementary analysis to other AllianceBernstein's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running AllianceBernstein's price analysis, check to measure AllianceBernstein'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 AllianceBernstein is operating at the current time. Most of AllianceBernstein's value examination focuses on studying past and present price action to predict the probability of AllianceBernstein's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AllianceBernstein's price. Additionally, you may evaluate how the addition of AllianceBernstein to your portfolios can decrease your overall portfolio volatility.
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AllianceBernstein technical stock 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, stock market cycles, or different charting patterns.
A focus of AllianceBernstein technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AllianceBernstein trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...