Kansas Tax Financials

KTXIX Fund  USD 18.29  0.02  0.11%   
You can employ fundamental analysis to find out if Kansas Tax is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to collect and analyze data for sixteen available fundamentals for Kansas Tax, which can be compared to its peers in the industry. The fund experiences a normal upward fluctuation. Check odds of Kansas Tax to be traded at $19.2 in 90 days.
  
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.

Kansas Tax Fund Summary

Kansas Tax competes with The National, Missouri Tax, American Independence, Kansas Municipal, and Mfs Research. The fund normally invests at least 80 percent of its net assets plus any borrowings for investment purposes in Kansas municipal bonds, the income from which, in the opinion of bond counsel, is exempt from regular federal income taxes, federal alternative minimum taxes and Kansas taxes. It may invest up to 10 percent of its total assets in such unrated securities.
Specialization
Muni Single State Interm, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS2006267866
Business AddressCommerce Funds
Mutual Fund FamilyCommerce
Mutual Fund CategoryMuni Single State Interm
BenchmarkDow Jones Industrial
Phone800 995 6365
CurrencyUSD - US Dollar

Kansas Tax Key Financial Ratios

Kansas Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Kansas Tax's current stock value. Our valuation model uses many indicators to compare Kansas Tax value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kansas Tax competition to find correlations between indicators driving Kansas Tax's intrinsic value. More Info.
The Kansas Tax Free is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about  0.95  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for The Kansas Tax Free is roughly  1.05 . 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 Kansas Tax's earnings, one of the primary drivers of an investment's value.

Kansas Tax Systematic Risk

Kansas Tax's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kansas Tax 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 thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Kansas Tax correlated with the market. If Beta is less than 0 Kansas Tax generally moves in the opposite direction as compared to the market. If Kansas Tax Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kansas Tax is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kansas Tax is generally in the same direction as the market. If Beta > 1 Kansas Tax moves generally in the same direction as, but more than the movement of the benchmark.
The Kansas Tax Free is rated third overall fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni Single State Interm category is currently estimated at about 9.2 Billion. Kansas Tax claims roughly 139.69 Million in net asset contributing just under 2% to funds under Muni Single State Interm category.

Kansas Tax February 1, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Kansas Tax help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The Kansas Tax Free. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Kansas Tax Free based on widely used predictive technical indicators. In general, we focus on analyzing Kansas Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kansas Tax's daily price indicators and compare them against related drivers.

Other Information on Investing in Kansas Mutual Fund

Kansas Tax financial ratios help investors to determine whether Kansas 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 Kansas with respect to the benefits of owning Kansas Tax security.
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