Taxable Municipal Bond Fund Manager Performance Evaluation
| DUTMX Fund | USD 7.52 0.01 0.13% |
The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Taxable Municipal are expected to decrease at a much lower rate. During the bear market, Taxable Municipal is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Taxable Municipal Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong primary indicators, Taxable Municipal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.2800 |
Taxable |
Taxable Municipal Relative Risk vs. Return Landscape
If you would invest 756.00 in Taxable Municipal Bond on August 31, 2024 and sell it today you would lose (4.00) from holding Taxable Municipal Bond or give up 0.53% of portfolio value over 90 days. Taxable Municipal Bond is currently producing negative expected returns and takes up 0.4316% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Taxable, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Taxable Municipal Current Valuation
Overvalued
Today
Please note that Taxable Municipal's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Taxable Municipal Bond has a current Real Value of $7.22 per share. The regular price of the fund is $7.52. We determine the value of Taxable Municipal Bond from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Taxable Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Taxable Mutual Fund. However, Taxable Municipal'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 7.52 | Real 7.22 | Hype 7.52 |
The intrinsic value of Taxable Municipal'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 Taxable Municipal'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 Taxable Municipal Bond helps investors to forecast how Taxable 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 Taxable Municipal more accurately as focusing exclusively on Taxable Municipal's fundamentals will not take into account other important factors: Taxable Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taxable Municipal's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Taxable Municipal Bond, and traders can use it to determine the average amount a Taxable Municipal'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 = -0.0174
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DUTMX |
Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Taxable Municipal is not performing at its full potential. However, 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 Taxable Municipal by adding Taxable Municipal to a well-diversified portfolio.
Taxable Municipal Fundamentals Growth
Taxable Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Taxable Municipal, and Taxable Municipal 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 Taxable Mutual Fund performance.
| Total Asset | 12.96 M | |||
About Taxable Municipal Performance
Evaluating Taxable Municipal's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Taxable Municipal 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 Taxable Municipal 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 seeks to provide a steady flow of taxable income derived from taxable municipal securities of investment grade quality at the time of purchase with a weighted average nominal maturity normally greater than 10 years. The fund generally purchases taxable municipal bonds with nominal maturities typically ranging from 10-30 years. The fund is non-diversified.Things to note about Taxable Municipal Bond performance evaluation
Checking the ongoing alerts about Taxable Municipal for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Taxable Municipal Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Taxable Municipal generated a negative expected return over the last 90 days | |
| Taxable Municipal Bond generated five year return of -2.0% | |
| This fund retains about 100.0% of its assets under management (AUM) in fixed income securities |
- Analyzing Taxable Municipal'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 Taxable Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Taxable Municipal'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 Taxable Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Taxable Municipal's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Taxable Municipal's mutual fund. These opinions can provide insight into Taxable Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Taxable Mutual Fund
Taxable Municipal financial ratios help investors to determine whether Taxable 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 Taxable with respect to the benefits of owning Taxable Municipal security.
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