Dtf Tax Free Stock Alpha and Beta Analysis
| DTF Stock | USD 11.25 0.03 0.27% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as DTF Tax Free. It also helps investors analyze the systematic and unsystematic risks associated with investing in DTF Tax over a specified time horizon. Remember, high DTF Tax's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to DTF Tax's market risk premium analysis include:
Beta (0.02) | Alpha 0.00735 | Risk 0.32 | Sharpe Ratio 0.0503 | Expected Return 0.0161 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
DTF |
DTF Tax Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. DTF Tax market risk premium is the additional return an investor will receive from holding DTF Tax long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in DTF Tax. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate DTF Tax's performance over market.| α | 0.01 | β | -0.02 |
DTF Tax expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of DTF Tax's Buy-and-hold return. Our buy-and-hold chart shows how DTF Tax performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.DTF Tax Market Price Analysis
Market price analysis indicators help investors to evaluate how DTF Tax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DTF Tax shares will generate the highest return on investment. By understating and applying DTF Tax stock market price indicators, traders can identify DTF Tax position entry and exit signals to maximize returns.
DTF Tax Return and Market Media
The median price of DTF Tax for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 11.21 with a coefficient of variation of 0.45. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 11.22, and mean deviation of 0.04. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| DTF Tax dividend paid on 30th of August 2024 | 08/30/2024 |
1 | DTF Tax Free Income Stock Hits 52-Week High at 11.4 - Investing.com | 09/11/2024 |
2 | Insider Trading | 09/18/2024 |
3 | Disposition of tradable shares by William Renahan of DTF Tax subject to Rule 16b-3 | 09/23/2024 |
| DTF Tax dividend paid on 30th of September 2024 | 09/30/2024 |
4 | DTF Tax-Free Income 2028 Term Fund Inc. Plans Monthly Dividend of 0.03 | 10/14/2024 |
| DTF Tax dividend paid on 31st of October 2024 | 10/31/2024 |
5 | 1607 Capital Partners, LLC Adjusts Stake in DTFTax-Free Income Inc | 11/14/2024 |
About DTF Tax Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including DTF or other stocks. Alpha measures the amount that position in DTF Tax Free has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | PTB Ratio | 0.88 | 0.79 | 0.7 | Dividend Yield | 0.0371 | 0.0427 | 0.0529 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DTF Tax in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DTF Tax's short interest history, or implied volatility extrapolated from DTF Tax options trading.
Build Portfolio with DTF Tax
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Align your risk with return expectations
Check out DTF Tax Backtesting, DTF Tax Valuation, DTF Tax Correlation, DTF Tax Hype Analysis, DTF Tax Volatility, DTF Tax History and analyze DTF Tax Performance. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
DTF Tax technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.