Tax Exempt Bond Fund Market Value
| PITEX Fund | USD 6.72 0.01 0.15% |
| Symbol | Tax-exempt |
Tax-exempt Bond 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tax-exempt Bond's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tax-exempt Bond.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Tax-exempt Bond on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Tax Exempt Bond Fund or generate 0.0% return on investment in Tax-exempt Bond over 90 days. Tax-exempt Bond is related to or competes with Rbb Fund, Pioneer Global, Champlain Mid, Ab Core, Summit Global, T Rowe, and T Rowe. The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in tax-exempt bonds... More
Tax-exempt Bond Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tax-exempt Bond's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tax Exempt Bond Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2174 | |||
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 0.7514 | |||
| Value At Risk | (0.15) | |||
| Potential Upside | 0.2985 |
Tax-exempt Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tax-exempt Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tax-exempt Bond's standard deviation. In reality, there are many statistical measures that can use Tax-exempt Bond historical prices to predict the future Tax-exempt Bond's volatility.| Risk Adjusted Performance | 0.0556 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tax-exempt Bond's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tax-exempt Bond January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0556 | |||
| Mean Deviation | 0.0866 | |||
| Downside Deviation | 0.2174 | |||
| Coefficient Of Variation | 728.46 | |||
| Standard Deviation | 0.1328 | |||
| Variance | 0.0176 | |||
| Information Ratio | (0.43) | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.26) | |||
| Maximum Drawdown | 0.7514 | |||
| Value At Risk | (0.15) | |||
| Potential Upside | 0.2985 | |||
| Downside Variance | 0.0473 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.20) | |||
| Skewness | 0.3163 | |||
| Kurtosis | 1.95 |
Tax Exempt Bond Backtested Returns
At this stage we consider Tax-exempt Mutual Fund to be out of control. Tax Exempt Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Tax Exempt Bond Fund, which you can use to evaluate the volatility of the fund. Please validate Tax-exempt Bond's Variance of 0.0176, risk adjusted performance of 0.0556, and Coefficient Of Variation of 728.46 to confirm if the risk estimate we provide is consistent with the expected return of 0.015%. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Tax-exempt Bond are completely uncorrelated.
Auto-correlation | 0.06 |
Virtually no predictability
Tax Exempt Bond Fund has virtually no predictability. Overlapping area represents the amount of predictability between Tax-exempt Bond time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tax Exempt Bond price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Tax-exempt Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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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 Tax-exempt Mutual Fund
Tax-exempt Bond financial ratios help investors to determine whether Tax-exempt 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-exempt with respect to the benefits of owning Tax-exempt Bond security.
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