Aim Taxexempt Financials
| IORMX Fund | USD 2.82 0.01 0.36% |
Aim |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Aim Taxexempt Fund Summary
Aim Taxexempt competes with Mid-cap Growth, Heartland Value, Mid-cap Value, Lord Abbett, and Fpa Queens. The fund invests at least 80 percent of its net assets in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from federal and, as applicable, the funds state income tax. The adviser selects investments without regard to the federal alternative minimum tax . Additionally, under normal market conditions, the fund invests at least 80 percent of its net assets in New York municipal securities, and in derivatives and other instruments that have economic characteristics similar to such securities.Specialization | Muni Single State Short, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | AIM Tax-Exempt Funds |
| Mutual Fund Family | Invesco |
| Mutual Fund Category | Muni Single State Short |
| Benchmark | Dow Jones Industrial |
| Phone | 800 959 4246 |
| Currency | USD - US Dollar |
Aim Taxexempt Key Financial Ratios
Aim Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aim Taxexempt's current stock value. Our valuation model uses many indicators to compare Aim Taxexempt value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aim Taxexempt competition to find correlations between indicators driving Aim Taxexempt's intrinsic value. More Info.Aim Taxexempt Funds is currently considered the top fund in annual yield among similar funds. It also is currently considered the top fund in year to date return among similar funds creating about 1,257 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Aim Taxexempt's earnings, one of the primary drivers of an investment's value.Aim Taxexempt Funds Systematic Risk
Aim Taxexempt's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Aim Taxexempt volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Aim Taxexempt Funds correlated with the market. If Beta is less than 0 Aim Taxexempt generally moves in the opposite direction as compared to the market. If Aim Taxexempt Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aim Taxexempt Funds is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aim Taxexempt is generally in the same direction as the market. If Beta > 1 Aim Taxexempt moves generally in the same direction as, but more than the movement of the benchmark.
Aim Taxexempt November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Aim Taxexempt help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Aim Taxexempt Funds. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aim Taxexempt Funds based on widely used predictive technical indicators. In general, we focus on analyzing Aim Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aim Taxexempt's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4773 | |||
| Information Ratio | (0.59) | |||
| Maximum Drawdown | 1.07 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.3584 |
Other Information on Investing in Aim Mutual Fund
Aim Taxexempt financial ratios help investors to determine whether Aim 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 Aim with respect to the benefits of owning Aim Taxexempt security.
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