Short Term Municipal Bond Fund Manager Performance Evaluation
| WSMAX Fund | USD 9.69 0.01 0.10% |
The entity has a beta of 0.004, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Short-term Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Short-term Municipal is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Short Term Municipal Bond are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Short-term Municipal 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 | 0.6300 |
Short-term |
Short-term Municipal Relative Risk vs. Return Landscape
If you would invest 966.00 in Short Term Municipal Bond on August 30, 2024 and sell it today you would earn a total of 3.00 from holding Short Term Municipal Bond or generate 0.31% return on investment over 90 days. Short Term Municipal Bond is currently producing 0.005% returns and takes up 0.0818% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Short-term, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Short-term Municipal Current Valuation
Overvalued
Today
Please note that Short-term Municipal's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Short Term Municipal has a current Real Value of $8.91 per share. The regular price of the fund is $9.69. We determine the value of Short Term Municipal 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 Short-term Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Short-term Mutual Fund. However, Short-term Municipal'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 9.69 | Real 8.91 | Hype 9.69 | Naive 9.68 |
The intrinsic value of Short-term Municipal'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 Short-term Municipal'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 Short Term Municipal Bond helps investors to forecast how Short-term 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 Short-term Municipal more accurately as focusing exclusively on Short-term Municipal's fundamentals will not take into account other important factors: Short-term Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Short-term Municipal's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Short Term Municipal Bond, and traders can use it to determine the average amount a Short-term Municipal'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 = 0.0605
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| WSMAX |
Based on monthly moving average Short-term Municipal 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 Short-term Municipal by adding it to a well-diversified portfolio.
Short-term Municipal Fundamentals Growth
Short-term Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Short-term Municipal, and Short-term Municipal 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 Short-term Mutual Fund performance.
| Total Asset | 397.81 M | |||
About Short-term Municipal Performance
Evaluating Short-term Municipal's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Short-term Municipal 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 Short-term Municipal 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 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 3 years or less.Things to note about Short Term Municipal performance evaluation
Checking the ongoing alerts about Short-term Municipal for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Short Term Municipal 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 most of the net assets in exotic instruments. |
- Analyzing Short-term Municipal'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 Short-term Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Short-term Municipal'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 Short-term Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Short-term Municipal's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Short-term Municipal's mutual fund. These opinions can provide insight into Short-term Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Short-term Mutual Fund
Short-term Municipal financial ratios help investors to determine whether Short-term 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 Short-term with respect to the benefits of owning Short-term Municipal security.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Stocks Directory Find actively traded stocks across global markets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |