Tax Free Conservative Income Fund Price on October 7, 2024
| TFCAX Fund | USD 10.00 0.00 0.00% |
Below is the normalized historical share price chart for Tax Free Conservative Income extending back to June 09, 2016. 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 Tax-free Conservative stands at 10.00, as last reported on the 24th of November, with the highest price reaching 10.00 and the lowest price hitting 10.00 during the day.
If you're considering investing in Tax-free Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Tax-free Mutual Fund to be very steady. Tax Free Conservative owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the fund had a 0.18% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Tax Free Conservative Income, which you can use to evaluate the volatility of the fund. Please validate Tax-free Conservative's Coefficient Of Variation of 551.48, variance of 0.0035, and Risk Adjusted Performance of 0.0186 to confirm if the risk estimate we provide is consistent with the expected return of 0.0108%.
Tax-free Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tax-free |
Sharpe Ratio = 0.1827
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| TFCAX |
Based on monthly moving average Tax-free Conservative is performing at about 14% 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 Tax-free Conservative by adding it to a well-diversified portfolio.
Tax-free Conservative Valuation on October 7, 2024
It is possible to determine the worth of Tax-free Conservative on a given historical date. On October 7, 2024 Tax-free was worth 9.97 at the beginning of the trading date compared to the closed value of 9.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tax-free Conservative mutual fund. Still, in general, we apply an absolute valuation method to find Tax-free Conservative'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 Tax-free Conservative where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tax-free Conservative's related companies.
| Open | High | Low | Close | Volume | |
| 9.98 | 9.98 | 9.98 | 9.98 | 1.00 | |
10/07/2024 | 9.97 | 9.97 | 9.97 | 9.97 | 1.00 |
| 9.97 | 9.97 | 9.97 | 9.97 | 1.00 |
| Backtest Tax-free Conservative | | | Tax-free Conservative History | | | Tax-free Conservative Valuation | Previous | Next |
Tax-free Conservative Trading Date Momentum on October 7, 2024
| On October 08 2024 Tax Free Conservative Income was traded for 9.97 at the closing time. The highest daily price throughout the period was 9.97 and the lowest price was 9.97 . There was no trading activity during the period 1.0. Lack of trading volume on 10/08/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Tax Free Conservative Fundamentals Correlations and Trends
By evaluating Tax-free Conservative'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 Tax-free Conservative's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tax-free financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tax-free Conservative Mutual Fund history
Tax-free Conservative 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 Tax-free is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tax Free Conservative 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 Tax-free Conservative stock prices may prove useful in developing a viable investing in Tax-free Conservative
Under normal circumstances, the fund will invest at least 80 percent of its net assets in U.S. dollar-denominated municipal securities that the funds sub-adviser believes present minimal credit risks to the fund and that pay interest that is exempt from federal income taxes and is not taxable under the federal alternative minimum tax applicable to individuals.
Tax-free Conservative Mutual Fund Technical Analysis
Tax-free Conservative 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
Tax-free Conservative Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Tax Free Conservative 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.
Tax-free Conservative November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Tax-free Conservative 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 Tax-free Conservative shares will generate the highest return on investment. By undertsting and applying Tax-free Conservative mutual fund market strength indicators, traders can identify Tax Free Conservative Income entry and exit signals to maximize returns
Tax-free Conservative Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tax-free Conservative's price direction in advance. Along with the technical and fundamental analysis of Tax-free Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tax-free 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 | 0.0186 | |||
| Jensen Alpha | 0.001 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.28) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |