State Farm Municipal Fund Manager Performance Evaluation
| SFBDX Fund | USD 8.13 0.01 0.12% |
The entity has a beta of 0.0373, which indicates not very significant fluctuations relative to the market. As returns on the market increase, State Farm's returns are expected to increase less than the market. However, during the bear market, the loss of holding State Farm is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in State Farm Municipal are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, State Farm is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.1700 |
State |
State Farm Relative Risk vs. Return Landscape
If you would invest 811.00 in State Farm Municipal on August 26, 2024 and sell it today you would earn a total of 2.00 from holding State Farm Municipal or generate 0.25% return on investment over 90 days. State Farm Municipal is currently producing 0.004% returns and takes up 0.1834% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than State, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
State Farm Current Valuation
Fairly Valued
Today
Please note that State Farm's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. State Farm Municipal has a current Real Value of $8.13 per share. The regular price of the fund is $8.13. We determine the value of State Farm Municipal from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since State Farm is currently traded on the exchange, buyers and sellers on that exchange determine the market value of State Mutual Fund. However, State Farm's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 8.13 | Real 8.13 | Hype 8.13 | Naive 8.14 |
The intrinsic value of State Farm's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence State Farm's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of State Farm Municipal helps investors to forecast how State mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of State Farm more accurately as focusing exclusively on State Farm's fundamentals will not take into account other important factors: State Farm Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for State Farm's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as State Farm Municipal, and traders can use it to determine the average amount a State Farm's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0216
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SFBDX |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average State Farm is performing at about 1% 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 State Farm by adding it to a well-diversified portfolio.
State Farm Fundamentals Growth
State Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of State Farm, and State Farm fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on State Mutual Fund performance.
| Total Asset | 694 M | ||||
About State Farm Performance
Evaluating State Farm's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if State Farm has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if State Farm has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests primarily in a diversified selection of municipal bonds with maturities of one to seventeen years. A majority of the funds investments are in issues with maturities longer than five years. It normally invests at least 70 percent of its total assets in municipal bonds rated A or better by Moodys or SP, meaning that up to 30 percent of the funds total assets may be invested in medium and lower-quality bonds.Things to note about State Farm Municipal performance evaluation
Checking the ongoing alerts about State Farm for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for State Farm Municipal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: 3 Balanced Mutual Funds for Stable Returns - MSN | |
| The fund generated three year return of 0.0% | |
| State Farm Municipal maintains about 95.48% of its assets in bonds |
- Analyzing State Farm's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether State Farm's stock is overvalued or undervalued compared to its peers.
- Examining State Farm's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating State Farm's management team can have a significant impact on its success or failure. Reviewing the track record and experience of State Farm's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of State Farm's mutual fund. These opinions can provide insight into State Farm's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in State Mutual Fund
State Farm financial ratios help investors to determine whether State 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 State with respect to the benefits of owning State Farm security.
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