Alabama Tax Free Income Fund Price on December 16, 2024
| DUALX Fund | USD 11.38 0.01 0.09% |
Below is the normalized historical share price chart for Alabama Tax Free Income extending back to March 22, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Alabama Tax-free stands at 11.38, as last reported on the 3rd of February, with the highest price reaching 11.38 and the lowest price hitting 11.38 during the day.
If you're considering investing in Alabama Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Alabama Mutual Fund to be very steady. Alabama Tax Free secures Sharpe Ratio (or Efficiency) of 0.0147, which signifies that the fund had a 0.0147 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alabama Tax Free Income, which you can use to evaluate the volatility of the entity. Please confirm Alabama Tax-free's mean deviation of 0.2046, and Risk Adjusted Performance of 0.0233 to double-check if the risk estimate we provide is consistent with the expected return of 0.005%.
Alabama Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Alabama |
Sharpe Ratio = 0.0147
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| Negative Returns | DUALX |
Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Alabama Tax-free is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alabama Tax-free by adding it to a well-diversified portfolio.
Alabama Tax-free Valuation on December 16, 2024
It is possible to determine the worth of Alabama Tax-free on a given historical date. On December 16, 2024 Alabama was worth 11.51 at the beginning of the trading date compared to the closed value of 11.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alabama Tax-free mutual fund. Still, in general, we apply an absolute valuation method to find Alabama Tax-free's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alabama Tax-free where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alabama Tax-free's related companies.
| Open | High | Low | Close | Volume | |
| 11.51 | 11.51 | 11.51 | 11.51 | 1.00 | |
12/16/2024 | 11.51 | 11.51 | 11.51 | 11.51 | 1.00 |
| 11.46 | 11.46 | 11.46 | 11.46 | 1.00 |
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Alabama Tax-free Trading Date Momentum on December 16, 2024
| On December 17 2024 Alabama Tax Free Income was traded for 11.46 at the closing time. The highest daily price throughout the period was 11.46 and the lowest price was 11.46 . There was no trading activity during the period 1.0. Lack of trading volume on 12/17/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.43% . The overall trading delta to current closing price is 1.74% . |
Alabama Tax Free Fundamentals Correlations and Trends
By evaluating Alabama Tax-free's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alabama Tax-free's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alabama financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alabama Tax-free Mutual Fund history
Alabama Tax-free investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alabama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alabama Tax Free will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alabama Tax-free stock prices may prove useful in developing a viable investing in Alabama Tax-free
The fund seeks to provide a steady flow of tax-exempt income derived from Alabama municipal securities of investment grade quality with a weighted average nominal maturity normally greater than 10 years.
Alabama Tax-free Mutual Fund Technical Analysis
Alabama Tax-free technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Alabama Tax-free Period Price Range
Low | February 3, 2025
| High |
0.00 | 0.00 |
Alabama Tax Free Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alabama Tax-free February 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Alabama Tax-free mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alabama Tax-free shares will generate the highest return on investment. By undertsting and applying Alabama Tax-free mutual fund market strength indicators, traders can identify Alabama Tax Free Income entry and exit signals to maximize returns
Alabama Tax-free Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alabama Tax-free's price direction in advance. Along with the technical and fundamental analysis of Alabama Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alabama to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0233 | |||
| Jensen Alpha | 0.0038 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.254 |
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Other Information on Investing in Alabama Mutual Fund
Alabama Tax-free financial ratios help investors to determine whether Alabama 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 Alabama with respect to the benefits of owning Alabama Tax-free security.
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