Aquila Tax Free Fund Fundamentals
| COTCX Fund | USD 9.73 0.01 0.10% |
Aquila Tax Free Fund fundamentals help investors to digest information that contributes to Aquila Tax's financial success or failures. It also enables traders to predict the movement of Aquila Mutual Fund. The fundamental analysis module provides a way to measure Aquila Tax's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aquila Tax mutual fund.
Aquila |
Aquila Tax Free Fund Mutual Fund Three Year Return Analysis
Aquila Tax's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Aquila Tax Three Year Return | (1.41) % |
Most of Aquila Tax's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Aquila Tax Free Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Aquila Tax Free Fund has a Three Year Return of -1.4071%. This is much lower than that of the Aquila family and significantly lower than that of the Muni Single State Interm category. The three year return for all United States funds is notably higher than that of the company.
Aquila Tax Free Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aquila Tax's current stock value. Our valuation model uses many indicators to compare Aquila Tax value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aquila Tax competition to find correlations between indicators driving Aquila Tax's intrinsic value. More Info.Aquila Tax Free Fund is second largest fund in annual yield among similar funds. It is the top fund in year to date return among similar funds creating about 52.45 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Aquila Tax's earnings, one of the primary drivers of an investment's value.Aquila Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aquila Tax's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Aquila Tax could also be used in its relative valuation, which is a method of valuing Aquila Tax by comparing valuation metrics of similar companies.Aquila Tax is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Aquila Tax
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in cash and cash equivalents.Asset allocation divides Aquila Tax's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Aquila Fundamentals
| Total Asset | 2.13 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 0.17 % | ||||
| One Year Return | 3.40 % | ||||
| Three Year Return | (1.41) % | ||||
| Five Year Return | (0.52) % | ||||
| Ten Year Return | 2.22 % | ||||
| Net Asset | 167.59 M | ||||
| Cash Position Weight | 5.02 % |
About Aquila Tax Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aquila Tax Free Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aquila Tax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aquila Tax Free Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund, under normal circumstances, invests at least 80 percent of its assets in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and Colorado income taxes. The fund is non-diversified.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Aquila Mutual Fund
Aquila Tax financial ratios help investors to determine whether Aquila 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 Aquila with respect to the benefits of owning Aquila Tax security.
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