Tax Exempt Bond Fund Price on November 26, 2024
| TFEBX Fund | USD 12.58 0.03 0.24% |
Below is the normalized historical share price chart for Tax Exempt Bond extending back to January 27, 2017. 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 Exempt stands at 12.58, as last reported on the 29th of November, with the highest price reaching 12.58 and the lowest price hitting 12.58 during the day.
If you're considering investing in Tax Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Tax Mutual Fund to be very steady. Tax Exempt Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.074, which indicates the fund had a 0.074% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Tax Exempt Bond, which you can use to evaluate the volatility of the fund. Please validate Tax Exempt's Coefficient Of Variation of 1371.88, risk adjusted performance of 0.031, and Semi Deviation of 0.1824 to confirm if the risk estimate we provide is consistent with the expected return of 0.0165%.
Tax Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tax |
Sharpe Ratio = 0.074
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| Negative Returns | TFEBX |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Tax Exempt is performing at about 5% 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 Exempt by adding it to a well-diversified portfolio.
Tax Exempt Valuation on November 26, 2024
It is possible to determine the worth of Tax Exempt on a given historical date. On November 26, 2024 Tax was worth 12.53 at the beginning of the trading date compared to the closed value of 12.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tax Exempt mutual fund. Still, in general, we apply an absolute valuation method to find Tax Exempt'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 Exempt where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tax Exempt's related companies.
| Open | High | Low | Close | Volume | |
| 12.52 | 12.52 | 12.52 | 12.52 | 1.00 | |
11/26/2024 | 12.53 | 12.53 | 12.53 | 12.53 | 1.00 |
| 12.55 | 12.55 | 12.55 | 12.55 | 1.00 |
| Backtest Tax Exempt | | | Tax Exempt History | | | Tax Exempt Valuation | Previous | Next |
Tax Exempt Trading Date Momentum on November 26, 2024
| On November 27 2024 Tax Exempt Bond was traded for 12.55 at the closing time. The highest daily price throughout the period was 12.55 and the lowest price was 12.55 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.16% . The trading price change to current closing price is 0.40% . |
Tax Exempt Bond Fundamentals Correlations and Trends
By evaluating Tax Exempt'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 Exempt's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tax Exempt Mutual Fund history
Tax Exempt 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 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tax Exempt Bond 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 Exempt stock prices may prove useful in developing a viable investing in Tax Exempt
The fund will invest at least 80 percent of its assets in, or derive at least 80 percent of its income from, securities that are exempt from regular federal income tax. It will not invest in securities that subject the investors to federal alternative minimum tax. It invests at least 65 percent in debt securities rated A- or better or A3 or better by Nationally Recognized Statistical Rating Organizations designated by the funds investment adviser, or unrated but determined by the funds investment adviser to be of equivalent quality.
Tax Exempt Mutual Fund Technical Analysis
Tax Exempt 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 Exempt Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Tax Exempt Bond 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 Exempt November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tax Exempt 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 Exempt shares will generate the highest return on investment. By undertsting and applying Tax Exempt mutual fund market strength indicators, traders can identify Tax Exempt Bond entry and exit signals to maximize returns
Tax Exempt Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tax Exempt's price direction in advance. Along with the technical and fundamental analysis of Tax Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tax 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 | 0.031 | |||
| Jensen Alpha | 0.0164 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | (0.07) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Tax Mutual Fund
Tax Exempt financial ratios help investors to determine whether Tax 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 with respect to the benefits of owning Tax Exempt security.
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