Intermediate Term Tax Free Bond Fund Manager Performance Evaluation
| TWTIX Fund | USD 10.84 0.02 0.18% |
The fund retains a Market Volatility (i.e., Beta) of -0.0718, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Intermediate Term are expected to decrease at a much lower rate. During the bear market, Intermediate Term is likely to outperform the market.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Intermediate Term Tax Free Bond are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Intermediate Term is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | American Century Intermediate-Term Tax-Free Bond Fund Q2 2024 Commentary - Seeking Alpha | 09/19/2024 |
| Expense Ratio Date | 1st of October 2022 | |
| Expense Ratio | 0.4700 |
Intermediate |
Intermediate Term Relative Risk vs. Return Landscape
If you would invest 1,078 in Intermediate Term Tax Free Bond on August 31, 2024 and sell it today you would earn a total of 6.00 from holding Intermediate Term Tax Free Bond or generate 0.56% return on investment over 90 days. Intermediate Term Tax Free Bond is currently producing 0.0089% returns and takes up 0.197% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Intermediate, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Intermediate Term Current Valuation
Overvalued
Today
Please note that Intermediate Term's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Intermediate Term Tax retains a regular Real Value of $10.54 per share. The prevalent price of the fund is $10.84. We determine the value of Intermediate Term Tax from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Intermediate Term is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Intermediate Mutual Fund. However, Intermediate Term'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 10.84 | Real 10.54 | Hype 10.82 |
The intrinsic value of Intermediate Term'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 Intermediate Term'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 Intermediate Term Tax Free Bond helps investors to forecast how Intermediate 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 Intermediate Term more accurately as focusing exclusively on Intermediate Term's fundamentals will not take into account other important factors: Intermediate Term Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intermediate Term's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Intermediate Term Tax Free Bond, and traders can use it to determine the average amount a Intermediate Term'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 = 0.045
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TWTIX |
Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Intermediate Term is performing at about 3% 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 Intermediate Term by adding it to a well-diversified portfolio.
Intermediate Term Fundamentals Growth
Intermediate Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Intermediate Term, and Intermediate Term 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 Intermediate Mutual Fund performance.
| Total Asset | 659.8 M | |||
About Intermediate Term Performance
Evaluating Intermediate Term's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Intermediate Term 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 Intermediate Term 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 primarily invests in investment-grade debt securities and, under normal market conditions, will invest at least 80 percent of its net assets in debt securities with interest payments exempt from federal income tax. The funds weighted average maturity will be not less than three years nor more than ten years. However, there is no maturity limit on individual securities. The portfolio managers also may buy investment-grade debt securities with interest payments exempt from regular federal income tax, but not exempt from the federal alternative minimum tax.Things to note about Intermediate Term Tax performance evaluation
Checking the ongoing alerts about Intermediate Term for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Intermediate Term Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of 0.0% | |
| Intermediate Term Tax maintains most of the assets in different exotic instruments. |
- Analyzing Intermediate Term'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 Intermediate Term's stock is overvalued or undervalued compared to its peers.
- Examining Intermediate Term'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 Intermediate Term's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Intermediate Term's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Intermediate Term's mutual fund. These opinions can provide insight into Intermediate Term's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Intermediate Mutual Fund
Intermediate Term financial ratios help investors to determine whether Intermediate 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 Intermediate with respect to the benefits of owning Intermediate Term security.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |