Municipal Total Competition

NMTRX Fund

USD 10.29 0.02 0.19%

Municipal Total Return competes with Commonwealth Global, T Rowe, Dreyfus/standish, Rbc Global, and Us Global; as well as few others. The fund is listed under Miscellaneous Fixed Income category and is part of Nuveen family. Analyzing Municipal Total competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Municipal Total to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Municipal Total Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Municipal Total competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
10.07	10.29	10.51

Details

Intrinsic

Valuation

Low	Real	High
9.79	10.01	11.32

Details

Municipal Total Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Municipal Total and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Municipal and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Municipal Total Return does not affect the price movement of the other competitor.

	CNGLX	PAGLX	DSDYX	RGPAX	USLUX	KGLCX	WIGOX
CNGLX		0.57	0.0	0.49	0.52	0.22	0.57	CNGLX
PAGLX	0.57		-0.41	0.96	0.9	0.66	0.88	PAGLX
DSDYX	0.0	-0.41		-0.43	-0.53	-0.6	-0.26	DSDYX
RGPAX	0.49	0.96	-0.43		0.86	0.78	0.91	RGPAX
USLUX	0.52	0.9	-0.53	0.86		0.62	0.73	USLUX
KGLCX	0.22	0.66	-0.6	0.78	0.62		0.76	KGLCX
WIGOX	0.57	0.88	-0.26	0.91	0.73	0.76		WIGOX
	CNGLX	PAGLX	DSDYX	RGPAX	USLUX	KGLCX	WIGOX

Click cells to compare fundamentals

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High positive correlations

RGPAX	+ 0.96	PAGLX
WIGOX	+ 0.91	RGPAX
USLUX	+ 0.9	PAGLX
WIGOX	+ 0.88	PAGLX
USLUX	+ 0.86	RGPAX
KGLCX	+ 0.78	RGPAX

High negative correlations

KGLCX	- 0.6	DSDYX
USLUX	- 0.53	DSDYX
RGPAX	- 0.43	DSDYX
DSDYX	- 0.41	PAGLX
WIGOX	- 0.26	DSDYX
DSDYX	- 0.0	CNGLX

Risk-Adjusted Indicators

There is a big difference between Municipal Mutual Fund performing well and Municipal Total Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Municipal Total's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
CNGLX	0.54	(0.10)	(0.15)	(0.01)	0.77	(0.52)	1.04	(1.18)	3.68
PAGLX	0.52	(0.03)	(0.09)	0.07	0.68	(0.55)	1.14	(1.28)	3.68
DSDYX	0.16	0.00	(0.61)	0.39	0.17	(0.18)	0.34	(0.24)	0.92
RGPAX	0.57	(0.01)	(0.07)	0.10	0.58	(0.70)	1.32	(1.36)	3.24
USLUX	0.76	(0.04)	(0.06)	0.06	0.88	(0.80)	1.79	(1.59)	5.91
KGLCX	1.07	0.38	0.33	0.49	0.59	(1.29)	3.14	(1.32)	7.99
WIGOX	0.76	(0.02)	(0.02)	0.10	0.74	(0.90)	1.54	(1.24)	4.08

Unable to evaluate fundamental data of [CNGLX, PAGLX, DSDYX, RGPAX, USLUX, KGLCX, WIGOX] at this time. Please try again later

All Fundamental Data

Municipal Total Competitive Analysis

The better you understand Municipal Total competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Municipal Total's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Municipal Total's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	NMTRX	CNGLX	PAGLX	DSDYX	RGPAX	USLUX	KGLCX	WIGOX
	0.19 10.29 Municipal	0.37 21.65 Commonwealth	0.56 43.40 PAGLX	0.38 20.86 Dreyfus/standish	0.23 21.44 RBC	0.14 21.70 USLUX	0.54 16.46 Kinetics	0.40 5.03 Wasatch
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Not too volatile
Market Performance (90 Days Performance)	Modest	Insignificant	OK	Weak	Good	OK	Very Strong	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Hold	Strong Hold	Cautious Hold	Strong Hold	Strong Hold	Strong Buy	Strong Hold
Net Asset	972.32 M	16.49 M	345.56 M	3.45 B	58.6 M	46.88 M	14.27 M	194.8 M
Minimum Initial Investment	N/A	200	N/A	N/A	N/A	5 K	N/A	N/A
Price To Book	N/A	1.50 X	2.98 X	N/A	N/A	N/A	1.27 X	N/A
Five Year Return	0.97 %	6.03 %	10.63 %	1.84 %	9.02 %	N/A	23.56 %	10.85 %
One Year Return	7.08 %	17.63 %	25.39 %	9.00 %	25.79 %	N/A	95.38 %	27.88 %
Last Dividend Paid	0.03	N/A	N/A	0.02	N/A	0.02	N/A	N/A
Price To Earning	N/A	16.70 X	21.29 X	N/A	N/A	N/A	14.64 X	N/A
Price To Sales	N/A	1.10 X	2.15 X	N/A	N/A	N/A	1.08 X	N/A
Cash Position Weight	2.01 %	0.85 %	N/A	10.13 %	0.39 %	N/A	49.56 %	0.62 %
Equity Positions Weight	N/A	99.15 %	99.68 %	N/A	99.61 %	97.06 %	43.26 %	99.38 %
Three Year Return	(0.91) %	1.13 %	(0.88) %	0.81 %	0.03 %	N/A	21.35 %	(3.94) %
Annual Yield	0 %	N/A	0.0007 %	0 %	0 %	0.0004 %	0.01 %	N/A
Year To Date Return	3.35 %	11.04 %	20.59 %	4.68 %	20.53 %	N/A	89.77 %	13.12 %
Bond Positions Weight	97.99 %	N/A	N/A	37.99 %	N/A	2.92 %	N/A	N/A
Ten Year Return	5.47 %	3.61 %	11.66 %	4.01 %	N/A	N/A	6.35 %	11.38 %
Day Typical Price	10.29	21.65	43.4	20.86	21.44	21.7	16.46	5.03
Daily Balance Of Power	9.2 T	(9,223,372,036,855)	9.2 T	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T
Period Momentum Indicator	0.02	(0.08)	0.24	0.08	(0.05)	(0.03)	(0.09)	0.02
Rate Of Daily Change	1.0	1.0	1.01	1.0	1.0	1.0	0.99	1.0
Day Median Price	10.29	21.65	43.4	20.86	21.44	21.7	16.46	5.03
Price Action Indicator	0.01	(0.04)	0.12	0.04	(0.03)	(0.01)	(0.04)	0.01
Relative Strength Index	53.91	64.15	65.76	49.11	67.59	55.79	92.51	73.73
Coefficient Of Variation	1229.9	27441.92	1247.55	3677.08	948.93	1662.22	285.62	882.32
Mean Deviation	0.1382	0.5379	0.5198	0.1576	0.5684	0.7559	1.07	0.7641
Jensen Alpha	0.0177	(0.10)	(0.03)	(0)	(0.01)	(0.04)	0.3787	(0.02)
Total Risk Alpha	(0.03)	(0.12)	(0.06)	(0.03)	(0.04)	(0.10)	0.2777	(0.05)
Sortino Ratio	(0.30)	(0.15)	(0.09)	(0.61)	(0.07)	(0.06)	0.327	(0.02)
Downside Variance	0.1272	0.6442	0.6011	0.0384	0.5168	0.9575	1.35	0.7843
Standard Deviation	0.222	0.7392	0.7038	0.1949	0.7408	1.05	1.44	0.9505
Kurtosis	5.02	1.48	1.65	0.1265	0.2108	2.66	1.44	0.3545
Potential Upside	0.3945	1.04	1.14	0.3416	1.32	1.79	3.14	1.54
Treynor Ratio	(0.1)	(0.01)	0.0661	0.3853	0.099	0.0646	0.492	0.0991
Maximum Drawdown	1.28	3.68	3.68	0.9162	3.24	5.91	7.99	4.08
Variance	0.0493	0.5465	0.4954	0.038	0.5488	1.1	2.08	0.9035
Market Risk Adjusted Performance	(0.09)	0.001	0.0761	0.3953	0.109	0.0746	0.502	0.1091
Risk Adjusted Performance	0.0378	0.0024	0.0605	(0.01)	0.0804	0.0488	0.273	0.0888
Skewness	(1.17)	(0.20)	(0.48)	(0.15)	(0.09)	0.8003	0.5768	0.2959
Semi Deviation	0.1613	0.7745	0.6822	0.169	0.5798	0.8813	0.5897	0.7446
Information Ratio	(0.48)	(0.17)	(0.1)	(0.62)	(0.06)	(0.06)	0.2632	(0.02)
Value At Risk	(0.39)	(1.18)	(1.28)	(0.24)	(1.36)	(1.59)	(1.32)	(1.24)
Expected Short fall	(0.20)	(0.52)	(0.55)	(0.18)	(0.70)	(0.80)	(1.29)	(0.90)
Downside Deviation	0.3567	0.8026	0.7753	0.1959	0.7189	0.9785	1.16	0.8856
Semi Variance	0.026	0.5998	0.4654	0.0285	0.3361	0.7766	0.3478	0.5545

Municipal Total Competition Performance Charts

Five steps to successful analysis of Municipal Total Competition

Municipal Total's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Municipal Total Return in relation to its competition. Municipal Total's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Municipal Total in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Municipal Total's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Municipal Total Return, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Municipal Total position

In addition to having Municipal Total 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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Banks - Regional

Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 19 constituents at this time.

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Other Information on Investing in Municipal Mutual Fund

Municipal Total financial ratios help investors to determine whether Municipal Mutual 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 Municipal with respect to the benefits of owning Municipal Total security.

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