Kentucky Tax-free Financials
| KYTFX Fund | USD 7.28 0.02 0.28% |
Kentucky |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Kentucky Tax-free Fund Summary
Kentucky Tax-free competes with The Gabelli, Legg Mason, T Rowe, Northern Small, and Delaware Limited-term. The fund seeks to provide a steady flow of tax-exempt income derived from Kentucky municipal securities of investment grade quality with a weighted average nominal maturity normally greater than 10 years. The interest earned on these securities, in the opinion of bond counsel for the issuer, is exempt from federal and state taxation in the state of Kentucky.Specialization | Muni Single State Interm, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US2661551000 |
| Business Address | Dupree Mutual Funds |
| Mutual Fund Family | Dupree |
| Mutual Fund Category | Muni Single State Interm |
| Benchmark | Dow Jones Industrial |
| Phone | 800 866 0614 |
| Currency | USD - US Dollar |
Kentucky Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kentucky Tax-free's current stock value. Our valuation model uses many indicators to compare Kentucky Tax-free value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kentucky Tax-free competition to find correlations between indicators driving Kentucky Tax-free's intrinsic value. More Info.Kentucky Tax Free Income is currently considered the top fund in annual yield among similar funds. It also is currently considered the top fund in year to date return among similar funds creating about 246.80 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kentucky Tax-free's earnings, one of the primary drivers of an investment's value.Kentucky Tax Free Systematic Risk
Kentucky Tax-free's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kentucky Tax-free volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Kentucky Tax Free correlated with the market. If Beta is less than 0 Kentucky Tax-free generally moves in the opposite direction as compared to the market. If Kentucky Tax-free Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kentucky Tax Free is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kentucky Tax-free is generally in the same direction as the market. If Beta > 1 Kentucky Tax-free moves generally in the same direction as, but more than the movement of the benchmark.
Kentucky Tax-free December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Kentucky Tax-free help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kentucky Tax Free Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kentucky Tax Free Income based on widely used predictive technical indicators. In general, we focus on analyzing Kentucky Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kentucky Tax-free's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.448 | |||
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 1.25 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.2793 |
Other Information on Investing in Kentucky Mutual Fund
Kentucky Tax-free financial ratios help investors to determine whether Kentucky 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 Kentucky with respect to the benefits of owning Kentucky Tax-free security.
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