Near Term Tax Free Fund Buy Hold or Sell Recommendation
| NEARX Fund | USD 2.10 0.00 0.00% |
Assuming the 90 days horizon and your way above-average risk tolerance, our recommendation regarding Near Term Tax Free is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Near Term Tax Free given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Near Term Tax Free, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Near Term Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Near and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Near Term Tax Free. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Near |
Execute Near Term Buy or Sell Advice
The Near recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Near Term Tax Free. Macroaxis does not own or have any residual interests in Near Term Tax Free or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Near Term's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Near Term Trading Alerts and Improvement Suggestions
| The fund generated three year return of 0.0% | |
| Near Term Tax maintains about 5.39% of its assets in cash |
Near Term Returns Distribution Density
The distribution of Near Term's historical returns is an attempt to chart the uncertainty of Near Term's future price movements. The chart of the probability distribution of Near Term daily returns describes the distribution of returns around its average expected value. We use Near Term Tax Free price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Near Term returns is essential to provide solid investment advice for Near Term.
| Mean Return | 0.000069 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 0.12 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Near Term historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Near Term Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Near Term or U.S. Global Investors sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Near Term's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Near fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.25 |
Near Term Volatility Alert
Near Term Tax Free exhibits very low volatility with skewness of 0.03 and kurtosis of 14.68. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Near Term's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Near Term's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Near Term Fundamentals Vs Peers
Comparing Near Term's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Near Term's direct or indirect competition across all of the common fundamentals between Near Term and the related equities. This way, we can detect undervalued stocks with similar characteristics as Near Term or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Near Term's fundamental indicators could also be used in its relative valuation, which is a method of valuing Near Term by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Near Term to competition |
| Fundamentals | Near Term | Peer Average |
| Annual Yield | 0.0005 % | 0.29 % |
| Year To Date Return | 2.26 % | 0.39 % |
| One Year Return | 2.63 % | 4.15 % |
| Three Year Return | (0.03) % | 3.60 % |
| Five Year Return | 0.48 % | 3.24 % |
| Ten Year Return | 1.82 % | 1.79 % |
| Net Asset | 29.88 M | 4.11 B |
| Minimum Initial Investment | 5 K | 976.16 K |
| Cash Position Weight | 5.39 % | 10.61 % |
| Bond Positions Weight | 94.61 % | 11.24 % |
Near Term Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Near . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Near Term Buy or Sell Advice
When is the right time to buy or sell Near Term Tax Free? Buying financial instruments such as Near Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Near Term in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Strategy ETFs Thematic Idea Now
Strategy ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Strategy ETFs theme has 1286 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Strategy ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Near Mutual Fund
Near Term financial ratios help investors to determine whether Near 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 Near with respect to the benefits of owning Near Term security.
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