Ultra Short Term Municipal Fund Market Value
| SMAIX Fund | USD 9.71 0.00 0.00% |
| Symbol | Ultra |
Ultra Short-term '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 Ultra Short-term'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 Ultra Short-term.
| 11/30/2025 |
| 02/28/2026 |
If you would invest 0.00 in Ultra Short-term on November 30, 2025 and sell it all today you would earn a total of 0.00 from holding Ultra Short Term Municipal or generate 0.0% return on investment in Ultra Short-term over 90 days. Ultra Short-term is related to or competes with Wells Fargo, Wells Fargo, Wells Fargo, Wells Fargo, Wells Fargo, Wells Fargo, and Wells Fargo. The fund normally invests at least 80 percent of the funds net assets in municipal securities whose interest is exempt f... More
Ultra Short-term 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 Ultra Short-term'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 Ultra Short Term Municipal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.27) | |||
| Maximum Drawdown | 0.4155 | |||
| Potential Upside | 0.1035 |
Ultra Short-term Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultra Short-term's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ultra Short-term's standard deviation. In reality, there are many statistical measures that can use Ultra Short-term historical prices to predict the future Ultra Short-term's volatility.| Risk Adjusted Performance | 0.085 | |||
| Jensen Alpha | 0.0058 | |||
| Total Risk Alpha | (0.0004) | |||
| Treynor Ratio | (4.07) |
Ultra Short-term February 28, 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 | 0.085 | |||
| Market Risk Adjusted Performance | (4.06) | |||
| Mean Deviation | 0.0312 | |||
| Coefficient Of Variation | 370.76 | |||
| Standard Deviation | 0.0582 | |||
| Variance | 0.0034 | |||
| Information Ratio | (1.27) | |||
| Jensen Alpha | 0.0058 | |||
| Total Risk Alpha | (0.0004) | |||
| Treynor Ratio | (4.07) | |||
| Maximum Drawdown | 0.4155 | |||
| Potential Upside | 0.1035 | |||
| Skewness | 3.28 | |||
| Kurtosis | 12.79 |
Ultra Short Term Backtested Returns
At this stage we consider Ultra Mutual Fund to be very steady. Ultra Short Term owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the fund had a 0.25 % return per unit of risk over the last 3 months. We have found eighteen technical indicators for Ultra Short Term Municipal, which you can use to evaluate the volatility of the fund. Please validate Ultra Short-term's Coefficient Of Variation of 370.76, risk adjusted performance of 0.085, and Variance of 0.0034 to confirm if the risk estimate we provide is consistent with the expected return of 0.0119%. The entity has a beta of -0.0014, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ultra Short-term are expected to decrease at a much lower rate. During the bear market, Ultra Short-term is likely to outperform the market.
Auto-correlation | 0.68 |
Good predictability
Ultra Short Term Municipal has good predictability. Overlapping area represents the amount of predictability between Ultra Short-term time series from 30th of November 2025 to 14th of January 2026 and 14th of January 2026 to 28th of February 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 Ultra Short Term price movement. The serial correlation of 0.68 indicates that around 68.0% of current Ultra Short-term price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.98 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Also Currently Popular
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 Ultra Mutual Fund
Ultra Short-term financial ratios help investors to determine whether Ultra 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 Ultra with respect to the benefits of owning Ultra Short-term security.
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