AWF Stock Summary and Trading Ideas (Alliancebernstein Global High Income | NYSE:AWF)

The Fund seeks high current income, and secondarily, capital appreciation. The Fund invests without limit in securities denominated in non-U.S. currencies as well as those denominated in the U.S. dollar. The Fund may also invest, without limit, in sovereign debt securities issued by emerging and developed nations and in debt securities of U.S. and non-U.S. corporate issuers.

Alliancebernstein Global High Income trades on the NYSE stock market under the symbol AWF.

As of April 18, 2024, AWF stock price declined to $10.03 with 224,958 million shares trading.

AWF has a beta of 0.53, meaning it tends to be less sensitive to market movements. AWF has a correlation of 0.27 to the broad based SPY ETF.

AWF has a market cap of $864.88 million. This is considered a Small Cap stock.

In the last 3 years, AWF stock traded as high as $12.63 and as low as $8.76.

AWF has underperformed the market in the last year with a price return of +9.2% while the SPY ETF gained +22.3%. AWF has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.8% and -4.2%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

AWF support price is $10.01 and resistance is $10.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AWF stock will trade within this expected range on the day.