North Carolina Tax Free Fund Manager Performance Evaluation

NTFIX Fund  USD 10.90  0.02  0.18%   
The fund secures a Beta (Market Risk) of -0.0159, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning North Carolina are expected to decrease at a much lower rate. During the bear market, North Carolina is likely to outperform the market.

Risk-Adjusted Performance

Solid

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in North Carolina Tax Free are ranked lower than 24 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, North Carolina is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio Date1st of November 2025
Expense Ratio0.7400
  

North Carolina Relative Risk vs. Return Landscape

If you would invest  1,071  in North Carolina Tax Free on November 30, 2025 and sell it today you would earn a total of  19.00  from holding North Carolina Tax Free or generate 1.77% return on investment over 90 days. North Carolina Tax Free is currently producing 0.0289% returns and takes up 0.0936% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than North, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon North Carolina is expected to generate 2.09 times less return on investment than the market. But when comparing it to its historical volatility, the company is 8.11 times less risky than the market. It trades about 0.31 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.08 of returns per unit of risk over similar time horizon.

North Carolina Current Valuation

Fairly Valued
Today
10.90
Please note that North Carolina's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. North Carolina Tax secures a last-minute Real Value of $10.82 per share. The latest price of the fund is $10.9. We determine the value of North Carolina Tax from analyzing 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 merge together.
Since North Carolina is currently traded on the exchange, buyers and sellers on that exchange determine the market value of North Mutual Fund. However, North Carolina'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  10.9 Real  10.82 Hype  10.9 Naive  10.9
The intrinsic value of North Carolina'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 North Carolina'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.
10.82
Real Value
10.91
Upside
Estimating the potential upside or downside of North Carolina Tax Free helps investors to forecast how North 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 North Carolina more accurately as focusing exclusively on North Carolina's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.9010.9010.90
Details
Hype
Prediction
LowEstimatedHigh
10.8110.9010.99
Details
Naive
Forecast
LowNext ValueHigh
10.8110.9011.00
Details
Below is the normalized historical share price chart for North Carolina Tax Free extending back to August 06, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of North Carolina stands at 10.90, as last reported on the 28th of February, with the highest price reaching 10.90 and the lowest price hitting 10.90 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

North Carolina Target Price Odds to finish over Current Price

The tendency of North Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 10.90 90 days 10.90 
under 4
Based on a normal probability distribution, the odds of North Carolina to move above the current price in 90 days from now is under 4 (This North Carolina Tax Free probability density function shows the probability of North Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon North Carolina Tax Free has a beta of -0.0159. This indicates as returns on the benchmark increase, returns on holding North Carolina are expected to decrease at a much lower rate. During a bear market, however, North Carolina Tax Free is likely to outperform the market. Additionally North Carolina Tax Free has an alpha of 0.0194, implying that it can generate a 0.0194 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   North Carolina Price Density   
       Price  

Predictive Modules for North Carolina

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as North Carolina Tax. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
10.8110.9010.99
Details
Intrinsic
Valuation
LowRealHigh
10.7310.8210.91
Details
Naive
Forecast
LowNextHigh
10.8110.9011.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.9010.9010.90
Details

North Carolina Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. North Carolina is not an exception. The market had few large corrections towards the North Carolina's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold North Carolina Tax Free, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of North Carolina within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.02
β
Beta against Dow Jones-0.02
σ
Overall volatility
0.07
Ir
Information ratio -0.66

North Carolina Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of North Carolina for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for North Carolina Tax can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Netflix funds 1m NFTS creativity hub - Televisual
The fund maintains about 100.0% of its assets in bonds

North Carolina Fundamentals Growth

North Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of North Carolina, and North Carolina 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 North Mutual Fund performance.
Total Asset107.31 M

About North Carolina Performance

Evaluating North Carolina's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if North Carolina 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 North Carolina 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 tax-exempt income derived from North Carolina municipal securities of investment grade quality with a weighted average nominal maturity normally greater than 10 years.

Things to note about North Carolina Tax performance evaluation

Checking the ongoing alerts about North Carolina for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for North Carolina Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from news.google.com: Netflix funds 1m NFTS creativity hub - Televisual
The fund maintains about 100.0% of its assets in bonds
Evaluating North Carolina's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate North Carolina's mutual fund performance include:
  • Analyzing North Carolina'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 North Carolina's stock is overvalued or undervalued compared to its peers.
  • Examining North Carolina'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 North Carolina's management team can have a significant impact on its success or failure. Reviewing the track record and experience of North Carolina's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of North Carolina's mutual fund. These opinions can provide insight into North Carolina's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating North Carolina's mutual fund performance is not an exact science, and many factors can impact North Carolina's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in North Mutual Fund

North Carolina financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North Carolina security.
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