Alliancebernstein National Municipal Fund Price on September 27, 2024
| AFB Fund | USD 11.49 0.05 0.44% |
Below is the normalized historical share price chart for Alliancebernstein National Municipal extending back to January 29, 2002. 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 Alliancebernstein stands at 11.49, as last reported on the 1st of December, with the highest price reaching 11.51 and the lowest price hitting 11.44 during the day.
If you're considering investing in Alliancebernstein Fund, it is important to understand the factors that can impact its price. At this point, Alliancebernstein is very steady. Alliancebernstein secures Sharpe Ratio (or Efficiency) of 0.042, which signifies that the fund had a 0.042% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Alliancebernstein National Municipal, which you can use to evaluate the volatility of the entity. Please confirm Alliancebernstein's Downside Deviation of 0.6706, risk adjusted performance of 0.0343, and Mean Deviation of 0.4887 to double-check if the risk estimate we provide is consistent with the expected return of 0.0267%.
Alliancebernstein Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Alliancebernstein |
Sharpe Ratio = 0.042
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| Negative Returns | AFB |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Alliancebernstein is performing at about 3% 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 Alliancebernstein by adding it to a well-diversified portfolio.
Market Capitalization 339.5 M |
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Alliancebernstein Valuation on September 27, 2024
It is possible to determine the worth of Alliancebernstein on a given historical date. On September 27, 2024 Alliancebernstein was worth 11.57 at the beginning of the trading date compared to the closed value of 11.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alliancebernstein fund. Still, in general, we apply an absolute valuation method to find Alliancebernstein'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 Alliancebernstein where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alliancebernstein's related companies.
| Open | High | Low | Close | Volume | |
| 11.59 | 11.62 | 11.55 | 11.55 | 35,202 | |
09/27/2024 | 11.57 | 11.62 | 11.57 | 11.59 | 32,674 |
| 11.59 | 11.72 | 11.58 | 11.72 | 44,861 |
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Alliancebernstein Trading Date Momentum on September 27, 2024
| On September 30 2024 Alliancebernstein National Municipal was traded for 11.72 at the closing time. Highest Alliancebernstein's price during the trading hours was 11.72 and the lowest price during the day was 11.58 . The net volume was 44.9 K. The overall trading history on the 30th of September contributed to the next trading period price jump. The overall trading delta to the next next day price was 1.12% . The overall trading delta to current price is 1.29% . |
Alliancebernstein Fundamentals Correlations and Trends
By evaluating Alliancebernstein'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 Alliancebernstein's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alliancebernstein financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alliancebernstein Fund history
Alliancebernstein 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 Alliancebernstein is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alliancebernstein 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 Alliancebernstein stock prices may prove useful in developing a viable investing in Alliancebernstein
AllianceBernstein National Municipal Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States. It primarily invests in investment-grade municipal securities which pay interest that is exempt from federal income tax. The fund seeks to invest in bonds rated BaaBBB or higher. It employs both quantitative and fundamental analysis to create its portfolio. AllianceBernstein National Municipal Income Fund, Inc. was formed on November 9, 2001 and is domiciled in the United States.
Alliancebernstein Fund Technical Analysis
Alliancebernstein technical 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
Alliancebernstein Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Alliancebernstein National Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Alliancebernstein December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Alliancebernstein fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alliancebernstein shares will generate the highest return on investment. By undertsting and applying Alliancebernstein fund market strength indicators, traders can identify Alliancebernstein National Municipal entry and exit signals to maximize returns
Alliancebernstein Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alliancebernstein's price direction in advance. Along with the technical and fundamental analysis of Alliancebernstein Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alliancebernstein 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 | 0.0343 | |||
| Jensen Alpha | 0.0293 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | (0.27) |
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Other Information on Investing in Alliancebernstein Fund
Alliancebernstein financial ratios help investors to determine whether Alliancebernstein 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 Alliancebernstein with respect to the benefits of owning Alliancebernstein security.
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