Tax Exempt Fund Of Fund Manager Performance Evaluation
| TEFEX Fund | USD 16.85 0.01 0.06% |
The entity has a beta of 0.0142, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tax-exempt Fund's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tax-exempt Fund is expected to be smaller as well.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Tax Exempt Fund Of are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Tax-exempt Fund is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreTax-exempt |
Tax-exempt Fund Relative Risk vs. Return Landscape
If you would invest 1,674 in Tax Exempt Fund Of on November 2, 2025 and sell it today you would earn a total of 11.00 from holding Tax Exempt Fund Of or generate 0.66% return on investment over 90 days. Tax Exempt Fund Of is currently producing 0.0106% returns and takes up 0.1003% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Tax-exempt, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Tax-exempt Fund Current Valuation
Overvalued
Today
Please note that Tax-exempt Fund's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Tax Exempt Fund has a current Real Value of $15.49 per share. The regular price of the fund is $16.85. We determine the value of Tax Exempt Fund 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 Tax-exempt Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tax-exempt Mutual Fund. However, Tax-exempt Fund'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 16.85 | Real 15.49 | Hype 16.85 | Naive 16.8 |
The intrinsic value of Tax-exempt Fund'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 Tax-exempt Fund'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 Tax Exempt Fund Of helps investors to forecast how Tax-exempt 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 Tax-exempt Fund more accurately as focusing exclusively on Tax-exempt Fund's fundamentals will not take into account other important factors: Tax-exempt Fund Target Price Odds to finish over Current Price
The tendency of Tax-exempt 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 Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 16.85 | 90 days | 16.85 | about 6.27 |
Based on a normal probability distribution, the odds of Tax-exempt Fund to move above the current price in 90 days from now is about 6.27 (This Tax Exempt Fund Of probability density function shows the probability of Tax-exempt Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Tax-exempt Fund has a beta of 0.0142. This usually implies as returns on the market go up, Tax-exempt Fund average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tax Exempt Fund Of will be expected to be much smaller as well. Additionally Tax Exempt Fund Of has an alpha of 3.0E-4, implying that it can generate a 2.91E-4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tax-exempt Fund Price Density |
| Price |
Predictive Modules for Tax-exempt Fund
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tax Exempt Fund. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tax-exempt Fund's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Tax-exempt Fund Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tax-exempt Fund is not an exception. The market had few large corrections towards the Tax-exempt Fund'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 Tax Exempt Fund Of, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tax-exempt Fund within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.0003 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.34 |
Tax-exempt Fund 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 Tax-exempt Fund for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tax Exempt Fund 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: Bristol arts funding protected for three more years in council U-turn - The Stage | |
| The fund maintains about 98.77% of its assets in bonds |
Tax-exempt Fund Fundamentals Growth
Tax-exempt Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Tax-exempt Fund, and Tax-exempt Fund 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 Tax-exempt Mutual Fund performance.
| Total Asset | 3.27 B | ||||
About Tax-exempt Fund Performance
Evaluating Tax-exempt Fund's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tax-exempt Fund 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 Tax-exempt Fund 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 achieve its objectives by primarily investing in municipal bonds issued by the state of California and its agencies and municipalities. American Fds is traded on NASDAQ Exchange in the United States.Things to note about Tax Exempt Fund performance evaluation
Checking the ongoing alerts about Tax-exempt Fund for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Tax Exempt Fund 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: Bristol arts funding protected for three more years in council U-turn - The Stage | |
| The fund maintains about 98.77% of its assets in bonds |
- Analyzing Tax-exempt Fund'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 Tax-exempt Fund's stock is overvalued or undervalued compared to its peers.
- Examining Tax-exempt Fund'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 Tax-exempt Fund's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tax-exempt Fund's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Tax-exempt Fund's mutual fund. These opinions can provide insight into Tax-exempt Fund's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Tax-exempt Mutual Fund
Tax-exempt Fund financial ratios help investors to determine whether Tax-exempt 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 Tax-exempt with respect to the benefits of owning Tax-exempt Fund security.
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