Municipal Bond Fund Manager Performance Evaluation
| WMBIX Fund | USD 9.85 0.02 0.20% |
The fund secures a Beta (Market Risk) of 0.0467, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Municipal Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Municipal Bond 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 Municipal Bond Fund are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Municipal Bond 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 | 1st of November 2022 | |
| Expense Ratio | 0.4300 |
Municipal |
Municipal Bond Relative Risk vs. Return Landscape
If you would invest 977.00 in Municipal Bond Fund on August 30, 2024 and sell it today you would earn a total of 8.00 from holding Municipal Bond Fund or generate 0.82% return on investment over 90 days. Municipal Bond Fund is currently producing 0.0132% returns and takes up 0.2201% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Municipal, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Municipal Bond Current Valuation
Overvalued
Today
Please note that Municipal Bond's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Municipal Bond secures a last-minute Real Value of $9.59 per share. The latest price of the fund is $9.85. We determine the value of Municipal Bond 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 Municipal Bond is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Municipal Mutual Fund. However, Municipal Bond'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 9.85 | Real 9.59 | Hype 9.85 | Naive 9.84 |
The intrinsic value of Municipal Bond'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 Municipal Bond'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 Municipal Bond Fund helps investors to forecast how Municipal 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 Municipal Bond more accurately as focusing exclusively on Municipal Bond's fundamentals will not take into account other important factors: Municipal Bond Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Municipal Bond's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Municipal Bond Fund, and traders can use it to determine the average amount a Municipal Bond'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 = 0.0599
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WMBIX |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Municipal Bond 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 Municipal Bond by adding it to a well-diversified portfolio.
Municipal Bond Fundamentals Growth
Municipal Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Municipal Bond, and Municipal Bond 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 Municipal Mutual Fund performance.
| Total Asset | 3.43 B | ||||
About Municipal Bond Performance
Evaluating Municipal Bond's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Municipal Bond 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 Municipal Bond 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 80 percent of the funds net assets in municipal securities whose interest is exempt from federal income tax, but not necessarily federal alternative minimum tax . It invests up to 20 percent of the funds total assets in securities whose interest is subject to federal AMT. While the fund may purchase securities of any maturity, under normal circumstances, the advisor expects the funds dollar-weighted average effective maturity to be between 3 and 20 years.Things to note about Municipal Bond performance evaluation
Checking the ongoing alerts about Municipal Bond for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Municipal Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund keeps about 98.39% of its net assets in bonds |
- Analyzing Municipal Bond'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 Municipal Bond's stock is overvalued or undervalued compared to its peers.
- Examining Municipal Bond'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 Municipal Bond's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Municipal Bond's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Municipal Bond's mutual fund. These opinions can provide insight into Municipal Bond's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Municipal Mutual Fund
Municipal Bond financial ratios help investors to determine whether Municipal 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 Municipal with respect to the benefits of owning Municipal Bond security.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |