Madison Tax Free Virginia Fund Price on November 27, 2024
| GTVAX Fund | USD 10.87 0.01 0.09% |
Below is the normalized historical share price chart for Madison Tax Free Virginia extending back to June 17, 1988. 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 Madison Tax-free stands at 10.87, as last reported on the 4th of December, with the highest price reaching 10.87 and the lowest price hitting 10.87 during the day.
If you're considering investing in Madison Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Madison Mutual Fund to be very steady. Madison Tax Free has Sharpe Ratio of 0.0765, which conveys that the entity had a 0.0765% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Madison Tax-free, which you can use to evaluate the volatility of the fund. Please verify Madison Tax-free's Mean Deviation of 0.1179, downside deviation of 0.3091, and Risk Adjusted Performance of 0.0383 to check out if the risk estimate we provide is consistent with the expected return of 0.0146%.
Madison Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Madison |
Sharpe Ratio = 0.0765
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| Negative Returns | GTVAX |
Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Madison Tax-free is performing at about 6% 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 Madison Tax-free by adding it to a well-diversified portfolio.
Madison Tax-free Valuation on November 27, 2024
It is possible to determine the worth of Madison Tax-free on a given historical date. On November 27, 2024 Madison was worth 10.82 at the beginning of the trading date compared to the closed value of 10.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Madison Tax-free mutual fund. Still, in general, we apply an absolute valuation method to find Madison 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 Madison Tax-free where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Madison Tax-free's related companies.
| Open | High | Low | Close | Volume | |
| 10.82 | 10.82 | 10.82 | 10.82 | 1.00 | |
11/27/2024 | 10.82 | 10.82 | 10.82 | 10.82 | 1.00 |
| 10.84 | 10.84 | 10.84 | 10.84 | 1.00 |
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Madison Tax-free Trading Date Momentum on November 27, 2024
| On November 29 2024 Madison Tax Free Virginia was traded for 10.84 at the closing time. The highest daily price throughout the period was 10.84 and the lowest price was 10.84 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.18% . The trading delta at closing time to current closing price is 0.46% . |
Madison Tax Free Fundamentals Correlations and Trends
By evaluating Madison 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 Madison Tax-free's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Madison financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Madison Tax-free Mutual Fund history
Madison 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 Madison is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Madison 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 Madison Tax-free stock prices may prove useful in developing a viable investing in Madison Tax-free
The fund invests at least 80 percent of its net assets in municipal bonds that are exempt from federal and state income tax for residents of Virginia. It only invests in investment grade bonds. Under normal market conditions, the fund will have an average duration range of 3 to 10 years, although it is expected to center around 3 to 7 years.
Madison Tax-free Mutual Fund Technical Analysis
Madison 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
Madison Tax-free Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Madison Tax Free Virginia 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.
Madison Tax-free December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Madison 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 Madison Tax-free shares will generate the highest return on investment. By undertsting and applying Madison Tax-free mutual fund market strength indicators, traders can identify Madison Tax Free Virginia entry and exit signals to maximize returns
Madison Tax-free Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Madison Tax-free's price direction in advance. Along with the technical and fundamental analysis of Madison Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Madison 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 | 0.0383 | |||
| Jensen Alpha | 0.0147 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | (0.09) |
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Other Information on Investing in Madison Mutual Fund
Madison Tax-free financial ratios help investors to determine whether Madison 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 Madison with respect to the benefits of owning Madison Tax-free security.
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