Municipal Bond Financials
| SMBAX Fund | USD 8.68 0.01 0.12% |
Municipal |
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.
Municipal Bond Fund Summary
Municipal Bond competes with Vanguard Intermediate-ter, Vanguard Intermediate-ter, Tax Exempt, Tax Exempt, and Tax Exempt. The Portfolio is a fund of funds. The Portfolios main investment strategy is to invest in unaffiliated registered investment companies and ETFs . As a matter of fundamental policy, the Portfolio will normally invest at least 80 percent of its total assets in securities that pay interest exempt from federal income taxes. The Manager generally invests the Portfolios assets in underlying funds that invest in municipal obligations.Specialization | Muni National Interm, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Saratoga Advantage Trust |
| Mutual Fund Family | Saratoga |
| Mutual Fund Category | Muni National Interm |
| Benchmark | Dow Jones Industrial |
| Phone | 800 807 3863 |
| Currency | USD - US Dollar |
Municipal Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Municipal Bond's current stock value. Our valuation model uses many indicators to compare Municipal Bond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Municipal Bond competition to find correlations between indicators driving Municipal Bond's intrinsic value. More Info.Municipal Bond Portfolio is rated below average in annual yield among similar funds. It is rated below average in year to date return among similar funds creating about 74.32 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 Municipal Bond's earnings, one of the primary drivers of an investment's value.Municipal Bond Portfolio Systematic Risk
Municipal Bond's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Municipal Bond 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Municipal Bond Portfolio correlated with the market. If Beta is less than 0 Municipal Bond generally moves in the opposite direction as compared to the market. If Municipal Bond Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Municipal Bond Portfolio is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Municipal Bond is generally in the same direction as the market. If Beta > 1 Municipal Bond moves generally in the same direction as, but more than the movement of the benchmark.
Municipal Bond November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Municipal Bond help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Municipal Bond Portfolio. We use our internally-developed statistical techniques to arrive at the intrinsic value of Municipal Bond Portfolio based on widely used predictive technical indicators. In general, we focus on analyzing Municipal Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Municipal Bond's daily price indicators and compare them against related drivers.
| Information Ratio | (0.82) | |||
| Maximum Drawdown | 0.9243 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.2283 |
Other Information on Investing in Municipal Mutual Fund
Municipal Bond 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 Bond security.
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