Ambrus Tax Competition

TCCBX Fund

10.21 0.01 0.1%

Ambrus Tax Conscious competes with Ambrus Core, Ambrus Tax, State Street, and Ab Centrated; as well as few others. The fund is listed under Muni Single State Short category and is part of Ambrus Funds family. Analyzing Ambrus Tax 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 Ambrus Tax to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Ambrus Tax 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 Ambrus Tax competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
10.04	10.21	10.38

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Intrinsic

Valuation

Low	Real	High
9.83	10.00	11.23

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Naive

Forecast

Low	Next	High
10.04	10.21	10.37

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
10.13	10.18	10.22

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ambrus Tax. Your research has to be compared to or analyzed against Ambrus Tax's peers to derive any actionable benefits. When done correctly, Ambrus Tax'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 Ambrus Tax Conscious.

Ambrus Tax Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ambrus Tax 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 Ambrus 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 Ambrus Tax Conscious does not affect the price movement of the other competitor.

	TTRBX	TCCBX	TCNBX	SSBWX	WPSGX	LLLRX	ASG	MYN	JORNX	BILPX
TTRBX		0.85	0.63	0.06	-0.3	-0.53	-0.59	0.82	-0.29	0.28	TTRBX
TCCBX	0.85		0.88	0.25	-0.11	-0.27	-0.31	0.91	-0.08	0.39	TCCBX
TCNBX	0.63	0.88		0.45	0.17	0.09	0.06	0.8	0.18	0.45	TCNBX
SSBWX	0.06	0.25	0.45		0.78	0.77	0.66	0.44	0.91	0.74	SSBWX
WPSGX	-0.3	-0.11	0.17	0.78		0.9	0.87	0.06	0.76	0.4	WPSGX
LLLRX	-0.53	-0.27	0.09	0.77	0.9		0.97	-0.13	0.87	0.39	LLLRX
ASG	-0.59	-0.31	0.06	0.66	0.87	0.97		-0.22	0.79	0.29	ASG
MYN	0.82	0.91	0.8	0.44	0.06	-0.13	-0.22		0.12	0.55	MYN
JORNX	-0.29	-0.08	0.18	0.91	0.76	0.87	0.79	0.12		0.63	JORNX
BILPX	0.28	0.39	0.45	0.74	0.4	0.39	0.29	0.55	0.63		BILPX
	TTRBX	TCCBX	TCNBX	SSBWX	WPSGX	LLLRX	ASG	MYN	JORNX	BILPX

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High positive correlations

ASG	+ 0.97	LLLRX
MYN	+ 0.91	TCCBX
JORNX	+ 0.91	SSBWX
LLLRX	+ 0.9	WPSGX
TCNBX	+ 0.88	TCCBX
ASG	+ 0.87	WPSGX

High negative correlations

ASG	- 0.59	TTRBX
LLLRX	- 0.53	TTRBX
ASG	- 0.31	TCCBX
WPSGX	- 0.3	TTRBX
JORNX	- 0.29	TTRBX
LLLRX	- 0.27	TCCBX

Risk-Adjusted Indicators

There is a big difference between Ambrus Mutual Fund performing well and Ambrus Tax 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 Ambrus Tax'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
TTRBX	0.13	0.00	(0.62)	0.13	0.14	(0.17)	0.30	(0.30)	0.70
TCCBX	0.11	0.01	(0.47)	(0.07)	0.11	(0.16)	0.30	(0.29)	0.99
TCNBX	0.09	0.01	(0.51)	(0.18)	0.00	(0.17)	0.30	(0.20)	0.89
SSBWX	0.34	(0.02)	(0.20)	0.07	0.39	(0.36)	0.65	(0.79)	1.89
WPSGX	0.58	0.00	(0.03)	0.13	0.69	(0.63)	1.27	(1.15)	4.07
LLLRX	0.50	(0.02)	(0.08)	0.10	0.56	(0.56)	0.94	(0.88)	3.09
ASG	0.72	0.04	0.02	0.17	0.96	(0.79)	1.44	(1.51)	5.07
MYN	0.41	0.05	(0.13)	(13.15)	0.43	(0.48)	0.99	(0.68)	2.39
JORNX	0.60	(0.05)	(0.09)	0.07	0.78	(0.66)	1.09	(1.61)	3.53
BILPX	0.13	(0.03)	(0.54)	(0.03)	0.16	(0.19)	0.20	(0.39)	0.88

Unable to evaluate fundamental data of [TTRBX, TCCBX, TCNBX, SSBWX, WPSGX, LLLRX, ASG, MYN, JORNX, BILPX] at this time. Please try again later

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Ambrus Tax Competitive Analysis

The better you understand Ambrus Tax competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ambrus Tax'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 Ambrus Tax'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

	TCCBX	TTRBX	TCNBX	SSBWX	WPSGX	LLLRX	ASG	MYN	JORNX	BILPX
	0.1 10.21 Ambrus	0.20 9.99 Ambrus	0.1 10.19 Ambrus	0.43 14.02 State	0.33 61.70 WPSGX	0.27 18.52 LLLRX	0.51 5.87 Liberty	0.76 10.66 Blackrock	0.74 20.47 Janus	0.1 10.27 Blkrk
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Insignificant	Very Weak	Modest	OK	OK	Good	Good	OK	OK	Insignificant
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Fairly 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	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Strong Sell	Cautious Hold	Cautious Hold	Cautious Hold	Strong Hold	Strong Sell	Cautious Hold	Strong Sell
Net Asset	189.59 M	364.26 M	207.08 M	2.44 B	463.35 M	770.03 M	N/A	N/A	2.27 B	6.72 B
Minimum Initial Investment	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	2 M
Price To Book	N/A	N/A	N/A	1.97	6.2	N/A	0.67	0.69	1.53	3.08
Five Year Return	N/A	N/A	N/A	7.48	11.54	9.36	10.73	0.15	12.3	3.34
One Year Return	5.94	7.03	6.25	18.46	23.97	25.62	29.46	7.3	28.18	5.28
Last Dividend Paid	N/A	N/A	N/A	0.24	N/A	N/A	0.44	0.43	0.13	0.04
Price To Earning	N/A	N/A	N/A	17.63	25.39	N/A	2.12	21.09	2.08	24.82
Beta	N/A	N/A	N/A	N/A	N/A	N/A	1.34	0.37	N/A	N/A
Price To Sales	N/A	N/A	N/A	1.39	3.31	N/A	160.52	13.67	1.41	2.12
Cash Position Weight	N/A	N/A	N/A	2.75	1.28	3.57	N/A	N/A	1.35	59.16
Equity Positions Weight	N/A	N/A	N/A	64.2	98.72	83.98	N/A	N/A	98.65	36.95
Three Year Return	N/A	N/A	N/A	3.16	2.56	6.31	-0.96	-2.22	8.04	2.77
Annual Yield	0.0371	0.0461	0.039	0.0245	0.0032	0.0075	0.0286	0.0134	0.0083	0.0196
Year To Date Return	3.71	4.58	3.79	12.79	16.45	19.34	19.78	2.53	19.74	2.7
Bond Positions Weight	N/A	N/A	N/A	1.74	N/A	1.73	N/A	N/A	N/A	1.8
Ten Year Return	N/A	N/A	N/A	N/A	14.7	7.17	N/A	N/A	5.93	9.45
Day Typical Price	10.21	9.99	10.19	14.02	61.7	18.52	5.87	10.62	20.47	10.27
Accumulation Distribution	N/A	N/A	N/A	N/A	N/A	N/A	0.0085	0.0103	N/A	N/A
Market Facilitation Index	N/A	N/A	N/A	N/A	N/A	N/A	0.05	0.11	N/A	N/A
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	0.6	0.7273	9.2 T	(9,223,372,036,855)
Period Momentum Indicator	0.01	0.02	0.01	0.06	0.2	(0.05)	0.03	0.08	0.15	(0.01)
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.0	1.01	1.01	1.01	1.0
Day Median Price	10.21	9.99	10.19	14.02	61.7	18.52	5.87	10.61	20.47	10.27
Price Action Indicator	0.005	0.01	0.005	0.03	0.1	(0.03)	0.02	0.095	0.075	(0.01)
Relative Strength Index	52.63	48.29	56.54	67.2	70.52	74.3	78.17	52.42	64.6	61.78
Coefficient Of Variation	1241.42	2804.59	897.36	1065.71	679.65	820.65	600.71	868.55	1310.03	4042.38
Mean Deviation	0.1091	0.1347	0.0918	0.3404	0.5802	0.498	0.7212	0.4149	0.6029	0.1333
Jensen Alpha	0.0099	0.0	0.0111	(0.02)	0.0021	(0.02)	0.0372	0.0544	(0.05)	(0.03)
Total Risk Alpha	(0.02)	(0.03)	(0.02)	(0.04)	(0.03)	(0.04)	(0.01)	(0.04)	(0.08)	(0.04)
Sortino Ratio	(0.47)	(0.62)	(0.51)	(0.20)	(0.03)	(0.08)	0.0235	(0.13)	(0.09)	(0.54)
Downside Variance	0.0691	0.0454	0.0574	0.2367	0.7145	0.5416	1.41	0.3116	0.7849	0.0617
Standard Deviation	0.1683	0.1747	0.1486	0.4298	0.779	0.6733	0.9942	0.5552	0.803	0.1861
Kurtosis	4.95	(0.11)	3.34	0.0945	1.83	1.31	1.78	0.616	0.8394	1.2
Potential Upside	0.2962	0.3006	0.2973	0.6494	1.27	0.939	1.44	0.9862	1.09	0.1972
Treynor Ratio	(0.07)	0.1261	(0.18)	0.0741	0.1302	0.0991	0.1678	(13.15)	0.0657	(0.03)
Maximum Drawdown	0.9871	0.7006	0.8904	1.89	4.07	3.09	5.07	2.39	3.53	0.8825
Variance	0.0283	0.0305	0.0221	0.1847	0.6069	0.4534	0.9884	0.3082	0.6448	0.0346
Market Risk Adjusted Performance	(0.06)	0.1361	(0.17)	0.0841	0.1402	0.1091	0.1778	(13.14)	0.0757	(0.02)
Risk Adjusted Performance	0.0262	(0.01)	0.0437	0.0639	0.1127	0.0918	0.1296	0.0842	0.0588	(0.01)
Skewness	(1.27)	(0.21)	(0.20)	(0.44)	(0.61)	(0.22)	(0.53)	0.0932	(0.63)	(0.55)
Semi Deviation	0.1096	0.1411	0.0	0.3945	0.6938	0.5563	0.9614	0.4327	0.7765	0.1593
Information Ratio	(0.74)	(0.75)	(0.81)	(0.23)	(0.03)	(0.08)	0.0281	(0.13)	(0.1)	(0.71)
Value At Risk	(0.29)	(0.30)	(0.20)	(0.79)	(1.15)	(0.88)	(1.51)	(0.68)	(1.61)	(0.39)
Expected Short fall	(0.16)	(0.17)	(0.17)	(0.36)	(0.63)	(0.56)	(0.79)	(0.48)	(0.66)	(0.19)
Downside Deviation	0.2628	0.2131	0.2397	0.4866	0.8453	0.7359	1.19	0.5582	0.8859	0.2483
Semi Variance	0.012	0.0199	(0)	0.1556	0.4813	0.3095	0.9243	0.1872	0.6029	0.0254

Ambrus Tax Competition Performance Charts

Five steps to successful analysis of Ambrus Tax Competition

Ambrus Tax'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 Ambrus Tax Conscious in relation to its competition. Ambrus Tax's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Ambrus Tax 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 Ambrus Tax's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ambrus Tax Conscious, 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.

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Ambrus Tax Competition

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Ambrus Tax Competition Correlation Matrix

Risk-Adjusted Indicators

Ambrus Tax Competitive Analysis

Ambrus Tax Competition Performance Charts

Five steps to successful analysis of Ambrus Tax Competition

Complement your Ambrus Tax position

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