Maine Municipal Financials
| MEMUX Fund | USD 9.56 0.03 0.31% |
Maine |
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.
Maine Municipal Fund Summary
Maine Municipal competes with Fpa Queens, Ab Discovery, Mutual Of, Victory Rs, and Hennessy Cornerstone. The fund normally invests at least 80 percent of its net assets in municipal securities that pay interest free from federal income taxes, including the federal alternative minimum tax, and Maine personal income taxes. It may invest up to 30 percent of its net assets in U.S. territorial obligations, the interest on which is exempt from federal and Maine personal income taxes. The fund is non-diversified.Specialization | Muni Single State Interm, Muni Single State Interm |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Viking Mutual Funds |
| Mutual Fund Family | IntegrityVikingFunds |
| Mutual Fund Category | Muni Single State Interm |
| Benchmark | Dow Jones Industrial |
| Phone | 800 276 1262 |
| Currency | USD - US Dollar |
Maine Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Maine Municipal's current stock value. Our valuation model uses many indicators to compare Maine Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Maine Municipal competition to find correlations between indicators driving Maine Municipal's intrinsic value. More Info.Maine Municipal Fund is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 68.58 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 Maine Municipal's earnings, one of the primary drivers of an investment's value.Maine Municipal Systematic Risk
Maine Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Maine Municipal 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Maine Municipal correlated with the market. If Beta is less than 0 Maine Municipal generally moves in the opposite direction as compared to the market. If Maine Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Maine Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Maine Municipal is generally in the same direction as the market. If Beta > 1 Maine Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Maine Municipal November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Maine Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Maine Municipal Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Maine Municipal Fund based on widely used predictive technical indicators. In general, we focus on analyzing Maine Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Maine Municipal's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5159 | |||
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 1.38 | |||
| Value At Risk | (0.42) | |||
| Potential Upside | 0.3205 |
Other Information on Investing in Maine Mutual Fund
Maine Municipal financial ratios help investors to determine whether Maine 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 Maine with respect to the benefits of owning Maine Municipal security.
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