Aquila Tax Free Trust Fund Manager Performance Evaluation
| AZTFX Fund | USD 9.84 0.02 0.20% |
The fund shows a Beta (market volatility) of -0.0876, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aquila Tax-free are expected to decrease at a much lower rate. During the bear market, Aquila Tax-free is likely to outperform the market.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Aquila Tax Free Trust are ranked lower than 5 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Aquila Tax-free is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 26th of July 2022 | |
| Expense Ratio | 0.7400 |
Aquila |
Aquila Tax-free Relative Risk vs. Return Landscape
If you would invest 975.00 in Aquila Tax Free Trust on September 1, 2024 and sell it today you would earn a total of 9.00 from holding Aquila Tax Free Trust or generate 0.92% return on investment over 90 days. Aquila Tax Free Trust is currently producing 0.0146% returns and takes up 0.2035% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Aquila, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Aquila Tax-free Current Valuation
Overvalued
Today
Please note that Aquila Tax-free's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Aquila Tax Free shows a prevailing Real Value of $9.57 per share. The current price of the fund is $9.84. We determine the value of Aquila Tax Free from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Aquila Tax-free is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Aquila Mutual Fund. However, Aquila Tax-free'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 9.84 | Real 9.57 | Hype 9.84 | Naive 9.82 |
The intrinsic value of Aquila Tax-free'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 Aquila Tax-free'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 Aquila Tax Free Trust helps investors to forecast how Aquila 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 Aquila Tax-free more accurately as focusing exclusively on Aquila Tax-free's fundamentals will not take into account other important factors: Aquila Tax-free Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aquila Tax-free's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Aquila Tax Free Trust, and traders can use it to determine the average amount a Aquila Tax-free'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 = 0.0716
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AZTFX |
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
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Aquila Tax-free is performing at about 5% 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 Aquila Tax-free by adding it to a well-diversified portfolio.
Aquila Tax-free Fundamentals Growth
Aquila Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Aquila Tax-free, and Aquila Tax-free 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 Aquila Mutual Fund performance.
| Total Asset | 151.35 M | ||||
About Aquila Tax-free Performance
Evaluating Aquila Tax-free's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Aquila Tax-free 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 Aquila Tax-free 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, 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 Arizona income taxes. The fund is non-diversified.Things to note about Aquila Tax Free performance evaluation
Checking the ongoing alerts about Aquila Tax-free for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Aquila Tax Free 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 -1.0% | |
| Aquila Tax Free holds most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Aquila Tax-free'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 Aquila Tax-free's stock is overvalued or undervalued compared to its peers.
- Examining Aquila Tax-free'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 Aquila Tax-free's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aquila Tax-free's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Aquila Tax-free's mutual fund. These opinions can provide insight into Aquila Tax-free's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Aquila Mutual Fund
Aquila Tax-free 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-free security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |