Tennessee Tax Free Income Fund Price on June 28, 2023

TNTIX Fund  USD 10.68  0.03  0.28%   
Below is the normalized historical share price chart for Tennessee Tax Free Income extending back to April 23, 1998. 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 Tennessee Tax stands at 10.68, as last reported on the 29th of November, with the highest price reaching 10.68 and the lowest price hitting 10.68 during the day.
 
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If you're considering investing in Tennessee Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Tennessee Mutual Fund to be very steady. Tennessee Tax Free owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0557, which indicates the fund had a 0.0557% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tennessee Tax Free Income, which you can use to evaluate the volatility of the fund. Please validate Tennessee Tax's Coefficient Of Variation of 1846.37, risk adjusted performance of 0.0231, and Semi Deviation of 0.2185 to confirm if the risk estimate we provide is consistent with the expected return of 0.0153%.
  
Tennessee Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0557

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Estimated Market Risk

 0.27
  actual daily
2
98% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Tennessee Tax is performing at about 4% 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 Tennessee Tax by adding it to a well-diversified portfolio.

Tennessee Tax Main Headline on 28th of June 2023

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Tennessee Tax Valuation on June 28, 2023

It is possible to determine the worth of Tennessee Tax on a given historical date. On June 28, 2023 Tennessee was worth 10.19 at the beginning of the trading date compared to the closed value of 10.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tennessee Tax mutual fund. Still, in general, we apply an absolute valuation method to find Tennessee Tax'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 Tennessee Tax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tennessee Tax's related companies.
 Open High Low Close Volume
  10.19    10.19    10.19    10.19    1.00  
06/28/2023
  10.19    10.19    10.19    10.19    1.00  
  10.18    10.18    10.18    10.18    1.00  
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Open Value
10.19
10.19
Closing Value
11.01
Upside

Tennessee Tax Trading Date Momentum on June 28, 2023

On June 29 2023 Tennessee Tax Free Income was traded for  10.18  at the closing time. The highest daily price throughout the period was 10.18  and the lowest price was  10.18 . There was no trading activity during the period 1.0. Lack of trading volume on 06/29/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.10% . The trading price change to current closing price is 0.00% .

Tennessee Tax Free Fundamentals Correlations and Trends

By evaluating Tennessee Tax'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 Tennessee Tax's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tennessee financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Tennessee Tax Mutual Fund history

Tennessee Tax 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 Tennessee is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tennessee 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 Tennessee Tax stock prices may prove useful in developing a viable investing in Tennessee Tax
The funds assets will be invested so that at least 80 percent of the income will be exempt from Federal income taxes and Tennessee income taxes or it will have at least 80 percent of its net assets invested in securities exempt from Federal income taxes and Tennessee income taxes .

Tennessee Tax Mutual Fund Technical Analysis

Tennessee Tax 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.
A focus of Tennessee Tax technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tennessee Tax trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Tennessee Tax Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Tennessee 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.

Tennessee Tax November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Tennessee Tax 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 Tennessee Tax shares will generate the highest return on investment. By undertsting and applying Tennessee Tax mutual fund market strength indicators, traders can identify Tennessee Tax Free Income entry and exit signals to maximize returns

Tennessee Tax Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Tennessee Tax's price direction in advance. Along with the technical and fundamental analysis of Tennessee Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tennessee 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.

Other Information on Investing in Tennessee Mutual Fund

Tennessee Tax financial ratios help investors to determine whether Tennessee 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 Tennessee with respect to the benefits of owning Tennessee Tax security.
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