Viking Tax Free Fund Buy Hold or Sell Recommendation
| VMTTX Fund | USD 9.16 0.02 0.22% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Viking Tax Free Fund is 'Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Viking Tax Free Fund given historical horizon and risk tolerance towards Viking Tax-free. When Macroaxis issues a 'buy' or 'sell' recommendation for Viking Tax Free Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Viking Tax-free 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 Viking and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Viking Tax Free Fund. 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 estimate.
Viking |
Execute Viking Tax-free Buy or Sell Advice
The Viking recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Viking Tax Free Fund. Macroaxis does not own or have any residual interests in Viking Tax Free Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Viking Tax-free's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Viking Tax-free Trading Alerts and Improvement Suggestions
| Viking Tax Free generated five year return of 0.0% | |
| This fund keeps all of the net assets in exotic instruments |
Viking Tax-free Returns Distribution Density
The distribution of Viking Tax-free's historical returns is an attempt to chart the uncertainty of Viking Tax-free's future price movements. The chart of the probability distribution of Viking Tax-free daily returns describes the distribution of returns around its average expected value. We use Viking Tax Free Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Viking Tax-free returns is essential to provide solid investment advice for Viking Tax-free.
| Mean Return | 0 | Value At Risk | -0.33 | Potential Upside | 0.22 | Standard Deviation | 0.21 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Viking Tax-free 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.
Viking Tax-free 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 Viking Tax-free or IntegrityVikingFunds 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 Viking Tax-free'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 Viking 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 | -0.07 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.59 |
Viking Tax-free Volatility Alert
Viking Tax Free Fund exhibits very low volatility with skewness of -1.2 and kurtosis of 5.72. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Viking Tax-free'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 Viking Tax-free'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.Viking Tax-free Fundamentals Vs Peers
Comparing Viking Tax-free'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 Viking Tax-free's direct or indirect competition across all of the common fundamentals between Viking Tax-free and the related equities. This way, we can detect undervalued stocks with similar characteristics as Viking Tax-free or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Viking Tax-free's fundamental indicators could also be used in its relative valuation, which is a method of valuing Viking Tax-free by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Viking Tax-free to competition |
| Fundamentals | Viking Tax-free | Peer Average |
| Annual Yield | 0 % | 0.29 % |
| Year To Date Return | 0.19 % | 0.39 % |
| One Year Return | 3.81 % | 4.15 % |
| Three Year Return | (1.45) % | 3.60 % |
| Five Year Return | (0.02) % | 3.24 % |
| Ten Year Return | 3.23 % | 1.79 % |
| Net Asset | 66.59 M | 4.11 B |
Viking Tax-free Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Viking . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.16 | |||
| Day Typical Price | 9.16 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 32.19 |
About Viking Tax-free Buy or Sell Advice
When is the right time to buy or sell Viking Tax Free Fund? Buying financial instruments such as Viking 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 Viking Tax-free 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 Conservative Funds Thematic Idea Now
Conservative Funds
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 45 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 Conservative Funds Theme or any other thematic opportunities.
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Other Information on Investing in Viking Mutual Fund
Viking Tax-free financial ratios help investors to determine whether Viking 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 Viking with respect to the benefits of owning Viking Tax-free security.
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