Tax Free Conservative Income Fund Buy Hold or Sell Recommendation
| TFCAX Fund | USD 10.00 0.00 0.00% |
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Tax Free Conservative Income is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Tax Free Conservative Income given historical horizon and risk tolerance towards Tax-free Conservative. When Macroaxis issues a 'buy' or 'sell' recommendation for Tax Free Conservative Income, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Tax-free Conservative Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Tax-free and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Tax Free Conservative Income. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.
Tax-free |
Execute Tax-free Conservative Buy or Sell Advice
The Tax-free recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tax Free Conservative Income. Macroaxis does not own or have any residual interests in Tax Free Conservative Income or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tax-free Conservative's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
Tax-free Conservative Trading Alerts and Improvement Suggestions
| The fund maintains about 32.16% of its assets in cash |
Tax-free Conservative Returns Distribution Density
The distribution of Tax-free Conservative's historical returns is an attempt to chart the uncertainty of Tax-free Conservative's future price movements. The chart of the probability distribution of Tax-free Conservative daily returns describes the distribution of returns around its average expected value. We use Tax Free Conservative Income price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tax-free Conservative returns is essential to provide solid investment advice for Tax-free Conservative.
| Mean Return | 0.01 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 0.06 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tax-free Conservative historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Tax-free Conservative Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Tax-free Conservative or SEI sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Tax-free Conservative's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Tax-free fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -2.04 |
Tax-free Conservative Volatility Alert
Tax Free Conservative Income exhibits very low volatility with skewness of 4.27 and kurtosis of 19.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tax-free Conservative's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tax-free Conservative's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Tax-free Conservative Fundamentals Vs Peers
Comparing Tax-free Conservative's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Tax-free Conservative's direct or indirect competition across all of the common fundamentals between Tax-free Conservative and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tax-free Conservative or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Tax-free Conservative's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tax-free Conservative by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tax-free Conservative to competition |
| Fundamentals | Tax-free Conservative | Peer Average |
| Annual Yield | 0.0004 % | 0.29 % |
| Year To Date Return | 2.76 % | 0.39 % |
| One Year Return | 3.20 % | 4.15 % |
| Three Year Return | 2.27 % | 3.60 % |
| Five Year Return | 1.46 % | 3.24 % |
| Net Asset | 157.83 M | 4.11 B |
| Minimum Initial Investment | 100 K | 976.16 K |
| Cash Position Weight | 32.16 % | 10.61 % |
| Bond Positions Weight | 67.84 % | 11.24 % |
Tax-free Conservative Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tax-free . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Tax-free Conservative Buy or Sell Advice
When is the right time to buy or sell Tax Free Conservative Income? Buying financial instruments such as Tax-free Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Tax-free Conservative in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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Other Information on Investing in Tax-free Mutual Fund
Tax-free Conservative financial ratios help investors to determine whether Tax-free 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 Tax-free with respect to the benefits of owning Tax-free Conservative security.
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