Vanguard Massachusetts Tax Exempt Fund Manager Performance Evaluation
| VMATX Fund | USD 10.19 0.01 0.1% |
The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vanguard Massachusetts are expected to decrease at a much lower rate. During the bear market, Vanguard Massachusetts is likely to outperform the market.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Vanguard Massachusetts Tax Exempt are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Vanguard Massachusetts 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 | 29th of March 2023 | |
| Expense Ratio | 0.1300 |
Vanguard |
Vanguard Massachusetts Relative Risk vs. Return Landscape
If you would invest 1,014 in Vanguard Massachusetts Tax Exempt on August 27, 2024 and sell it today you would earn a total of 5.00 from holding Vanguard Massachusetts Tax Exempt or generate 0.49% return on investment over 90 days. Vanguard Massachusetts Tax Exempt is currently producing 0.0081% returns and takes up 0.2796% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Vanguard, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Vanguard Massachusetts Current Valuation
Overvalued
Today
Please note that Vanguard Massachusetts' price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Vanguard Massachusetts has a current Real Value of $9.68 per share. The regular price of the fund is $10.19. We determine the value of Vanguard Massachusetts 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 Vanguard Massachusetts is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Vanguard Mutual Fund. However, Vanguard Massachusetts' 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 10.19 | Real 9.68 | Hype 10.19 | Naive 10.2 |
The intrinsic value of Vanguard Massachusetts' 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 Vanguard Massachusetts' 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 Vanguard Massachusetts Tax Exempt helps investors to forecast how Vanguard 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 Vanguard Massachusetts more accurately as focusing exclusively on Vanguard Massachusetts' fundamentals will not take into account other important factors: Vanguard Massachusetts Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vanguard Massachusetts' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Vanguard Massachusetts Tax Exempt, and traders can use it to determine the average amount a Vanguard Massachusetts' 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 = 0.0289
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VMATX |
Estimated Market Risk
| 0.28 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
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Vanguard Massachusetts is performing at about 2% 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 Vanguard Massachusetts by adding it to a well-diversified portfolio.
Vanguard Massachusetts Fundamentals Growth
Vanguard Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Vanguard Massachusetts, and Vanguard Massachusetts 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 Vanguard Mutual Fund performance.
About Vanguard Massachusetts Performance
Evaluating Vanguard Massachusetts' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Vanguard Massachusetts 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 Vanguard Massachusetts 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 invests primarily in high-quality municipal bonds issued by Massachusetts state and local governments, as well as by regional governmental and public financing authorities. Under normal circumstances, at least 80 percent of its assets will be invested in securities whose income is exempt from federal and Massachusetts state taxes. Although the fund has no limitations on the maturities of individual securities, its dollar-weighted average maturity is expected to be between 10 and 25 years. It is non-diversified.Things to note about Vanguard Massachusetts performance evaluation
Checking the ongoing alerts about Vanguard Massachusetts for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Vanguard Massachusetts 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 0.0% | |
| Vanguard Massachusetts keeps about 99.99% of its net assets in bonds |
- Analyzing Vanguard Massachusetts' 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 Vanguard Massachusetts' stock is overvalued or undervalued compared to its peers.
- Examining Vanguard Massachusetts' 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 Vanguard Massachusetts' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Vanguard Massachusetts' management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Vanguard Massachusetts' mutual fund. These opinions can provide insight into Vanguard Massachusetts' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Vanguard Mutual Fund
Vanguard Massachusetts financial ratios help investors to determine whether Vanguard 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 Vanguard with respect to the benefits of owning Vanguard Massachusetts security.
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