Ab Minnesota Portfolio Fund Quote

AMNCX Fund  USD 9.53  0.01  0.10%   

Performance

0 of 100

 
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Very Weak

Odds Of Distress

Less than 44

 
100  
 
Zero
Below Average
Ab Minnesota is trading at 9.53 as of the 28th of March 2024; that is -0.1% down since the beginning of the trading day. The fund's open price was 9.54. Ab Minnesota has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Ab Minnesota Portfolio are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of February 2023 and ending today, the 28th of March 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the federal AMT for certain taxpayers. More on Ab Minnesota Portfolio

Moving together with AMNCX Mutual Fund

  0.81AVAAX Ab Virginia PortfolioPairCorr

AMNCX Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ab Minnesota's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ab Minnesota or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationAllianceBernstein Funds, Large Funds, Muni Minnesota Funds, Muni Minnesota, AllianceBernstein (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date30th of September 2022
Fiscal Year EndMay
Ab Minnesota Portfolio [AMNCX] is traded in USA and was established 28th of March 2024. Ab Minnesota is listed under AllianceBernstein category by Fama And French industry classification. The fund is listed under Muni Minnesota category and is part of AllianceBernstein family. This fund presently has accumulated 35.48 M in assets under management (AUM) with no minimum investment requirementsAb Minnesota Portfolio is currently producing year-to-date (YTD) return of 0.2% with the current yeild of 0.0%, while the total return for the last 3 years was -1.6%.
Check Ab Minnesota Probability Of Bankruptcy

Instrument Allocation

Ab Minnesota Target Price Odds Analysis

Based on a normal probability distribution, the odds of Ab Minnesota jumping above the current price in 90 days from now is about 50.0%. The Ab Minnesota Portfolio probability density function shows the probability of Ab Minnesota mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ab Minnesota Portfolio has a beta of -0.0178. This suggests as returns on benchmark increase, returns on holding Ab Minnesota are expected to decrease at a much lower rate. During the bear market, however, Ab Minnesota Portfolio is likely to outperform the market. Additionally, ab Minnesota Portfolio has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 9.53HorizonTargetOdds Above 9.53
46.80%90 days
 9.53 
50.00%
Based on a normal probability distribution, the odds of Ab Minnesota to move above the current price in 90 days from now is about 50.0 (This Ab Minnesota Portfolio probability density function shows the probability of AMNCX Mutual Fund to fall within a particular range of prices over 90 days) .

Ab Minnesota Portfolio Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ab Minnesota market risk premium is the additional return an investor will receive from holding Ab Minnesota long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ab Minnesota. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ab Minnesota's alpha and beta are two of the key measurements used to evaluate Ab Minnesota's performance over the market, the standard measures of volatility play an important role as well.

Ab Minnesota Against Markets

Picking the right benchmark for Ab Minnesota mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ab Minnesota mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ab Minnesota is critical whether you are bullish or bearish towards Ab Minnesota Portfolio at a given time. Please also check how Ab Minnesota's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ab Minnesota without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy AMNCX Mutual Fund?

Before investing in Ab Minnesota, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ab Minnesota. To buy Ab Minnesota fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ab Minnesota. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Ab Minnesota fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Ab Minnesota Portfolio fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Ab Minnesota Portfolio fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Ab Minnesota Portfolio, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Ab Minnesota Portfolio?

The danger of trading Ab Minnesota Portfolio is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ab Minnesota is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ab Minnesota. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ab Minnesota Portfolio is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ab Minnesota Portfolio. 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 main economic indicators.
Note that the Ab Minnesota Portfolio information on this page should be used as a complementary analysis to other Ab Minnesota'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Ab Minnesota's price analysis, check to measure Ab Minnesota'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 Minnesota is operating at the current time. Most of Ab Minnesota's value examination focuses on studying past and present price action to predict the probability of Ab Minnesota'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 Minnesota's price. Additionally, you may evaluate how the addition of Ab Minnesota to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ab Minnesota's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ab Minnesota is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ab Minnesota'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.