Stet Tax Advantaged Income Fund Manager Performance Evaluation
| STAYX Fund | USD 9.38 0.01 0.11% |
The entity has a beta of 0.0013, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Stet Tax-advantaged's returns are expected to increase less than the market. However, during the bear market, the loss of holding Stet Tax-advantaged is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Stet Tax Advantaged Income are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Stet Tax-advantaged is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.6100 |
Stet |
Stet Tax-advantaged Relative Risk vs. Return Landscape
If you would invest 931.00 in Stet Tax Advantaged Income on August 26, 2024 and sell it today you would earn a total of 7.00 from holding Stet Tax Advantaged Income or generate 0.75% return on investment over 90 days. Stet Tax Advantaged Income is currently producing 0.0118% returns and takes up 0.2305% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Stet, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Stet Tax-advantaged Current Valuation
Fairly Valued
Today
Please note that Stet Tax-advantaged's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Stet Tax Advantaged has a current Real Value of $9.38 per share. The regular price of the fund is $9.38. We determine the value of Stet Tax Advantaged 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 Stet Tax-advantaged is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Stet Mutual Fund. However, Stet Tax-advantaged'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 9.38 | Real 9.38 | Hype 9.38 | Naive 9.39 |
The intrinsic value of Stet Tax-advantaged'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 Stet Tax-advantaged'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 Stet Tax Advantaged Income helps investors to forecast how Stet 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 Stet Tax-advantaged more accurately as focusing exclusively on Stet Tax-advantaged's fundamentals will not take into account other important factors: Stet Tax-advantaged Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stet Tax-advantaged's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Stet Tax Advantaged Income, and traders can use it to determine the average amount a Stet Tax-advantaged'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 = 0.0511
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | STAYX |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Stet Tax-advantaged is performing at about 4% 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 Stet Tax-advantaged by adding it to a well-diversified portfolio.
Stet Tax-advantaged Fundamentals Growth
Stet Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Stet Tax-advantaged, and Stet Tax-advantaged 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 Stet Mutual Fund performance.
| Total Asset | 1.11 B | ||||
About Stet Tax-advantaged Performance
Evaluating Stet Tax-advantaged's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Stet Tax-advantaged 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 Stet Tax-advantaged 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 normally invests at least 50 percent of its net assets in municipal securities, such as bonds, that pay interest that is exempt from federal income tax, including the alternative minimum tax. Tax Advantaged is traded on NASDAQ Exchange in the United States.Things to note about Stet Tax Advantaged performance evaluation
Checking the ongoing alerts about Stet Tax-advantaged for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Stet Tax Advantaged help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 8.51% of its assets in bonds |
- Analyzing Stet Tax-advantaged'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 Stet Tax-advantaged's stock is overvalued or undervalued compared to its peers.
- Examining Stet Tax-advantaged'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 Stet Tax-advantaged's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Stet Tax-advantaged's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Stet Tax-advantaged's mutual fund. These opinions can provide insight into Stet Tax-advantaged's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Stet Mutual Fund
Stet Tax-advantaged financial ratios help investors to determine whether Stet 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 Stet with respect to the benefits of owning Stet Tax-advantaged security.
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