Nebraska Municipal Fund Price on November 16, 2023
NEMUX Fund | USD 9.43 0.02 0.21% |
Below is the normalized historical share price chart for Nebraska Municipal Fund extending back to December 18, 1996. 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 Nebraska Municipal stands at 9.43, as last reported on the 30th of November, with the highest price reaching 9.43 and the lowest price hitting 9.43 during the day.
If you're considering investing in Nebraska Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Nebraska Mutual Fund to be very steady. Nebraska Municipal has Sharpe Ratio of 0.0312, which conveys that the entity had a 0.0312% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nebraska Municipal, which you can use to evaluate the volatility of the fund. Please verify Nebraska Municipal's Risk Adjusted Performance of 0.0101, mean deviation of 0.1538, and Downside Deviation of 0.5482 to check out if the risk estimate we provide is consistent with the expected return of 0.0088%.
Nebraska Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Nebraska |
Sharpe Ratio = 0.0312
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Estimated Market Risk
0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nebraska Municipal is performing at about 2% 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 Nebraska Municipal by adding it to a well-diversified portfolio.
Nebraska Municipal Valuation on November 16, 2023
It is possible to determine the worth of Nebraska Municipal on a given historical date. On November 16, 2023 Nebraska was worth 8.96 at the beginning of the trading date compared to the closed value of 8.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nebraska Municipal mutual fund. Still, in general, we apply an absolute valuation method to find Nebraska Municipal'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 Nebraska Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nebraska Municipal's related companies.
Open | High | Low | Close | Volume | |
8.95 | 8.95 | 8.95 | 8.95 | 1.00 | |
11/16/2023 | 8.96 | 8.96 | 8.96 | 8.96 | 1.00 |
8.98 | 8.98 | 8.98 | 8.98 | 1.00 |
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Nebraska Municipal Trading Date Momentum on November 16, 2023
On November 17 2023 Nebraska Municipal Fund was traded for 8.98 at the closing time. The highest daily price throughout the period was 8.98 and the lowest price was 8.98 . There was no trading activity during the period 1.0. Lack of trading volume on 11/17/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.22% . The trading delta at closing time to current closing price is 1.12% . |
Nebraska Municipal Fundamentals Correlations and Trends
By evaluating Nebraska Municipal'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 Nebraska Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nebraska financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nebraska Municipal Mutual Fund history
Nebraska Municipal 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 Nebraska is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nebraska Municipal 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 Nebraska Municipal stock prices may prove useful in developing a viable investing in Nebraska Municipal
The fund normally invests at least 80 percent of its net assets in municipal securities that pay interest free from federal income taxes, including the federal alternative minimum tax, and Nebraska personal income taxes. It may invest up to 30 percent of its net assets in U.S. territorial obligations, the interest on which is exempt from federal and Nebraska personal income taxes. The fund is non-diversified.
Nebraska Municipal Mutual Fund Technical Analysis
Nebraska Municipal 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
Nebraska Municipal Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Nebraska Municipal Fund 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.
Nebraska Municipal November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Nebraska Municipal 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 Nebraska Municipal shares will generate the highest return on investment. By undertsting and applying Nebraska Municipal mutual fund market strength indicators, traders can identify Nebraska Municipal Fund entry and exit signals to maximize returns
Nebraska Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nebraska Municipal's price direction in advance. Along with the technical and fundamental analysis of Nebraska Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nebraska 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 | 0.0101 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.23) | |||
Treynor Ratio | 9.0E-4 |
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Volume Indicators |
Other Information on Investing in Nebraska Mutual Fund
Nebraska Municipal financial ratios help investors to determine whether Nebraska 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 Nebraska with respect to the benefits of owning Nebraska Municipal security.
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