Aim Taxexempt Funds Fund Price on October 14, 2024
| IORJX Fund | USD 9.02 0.04 0.44% |
Below is the normalized historical share price chart for Aim Taxexempt Funds extending back to May 28, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Aim Taxexempt stands at 9.02, as last reported on the 12th of December 2024, with the highest price reaching 9.02 and the lowest price hitting 9.02 during the day.
If you're considering investing in Aim Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Aim Mutual Fund to be very steady. Aim Taxexempt Funds secures Sharpe Ratio (or Efficiency) of 0.0347, which signifies that the fund had a 0.0347% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aim Taxexempt Funds, which you can use to evaluate the volatility of the entity. Please confirm Aim Taxexempt's Mean Deviation of 0.1293, risk adjusted performance of 0.0169, and Downside Deviation of 0.325 to double-check if the risk estimate we provide is consistent with the expected return of 0.0072%.
Aim Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Aim |
Sharpe Ratio = 0.0347
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IORJX |
Estimated Market Risk
| 0.21 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
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Aim Taxexempt is performing at about 2% 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 Aim Taxexempt by adding it to a well-diversified portfolio.
Aim Taxexempt Valuation on October 14, 2024
It is possible to determine the worth of Aim Taxexempt on a given historical date. On October 14, 2024 Aim was worth 8.99 at the beginning of the trading date compared to the closed value of 8.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aim Taxexempt mutual fund. Still, in general, we apply an absolute valuation method to find Aim Taxexempt's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Aim Taxexempt where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aim Taxexempt's related companies.
| Open | High | Low | Close | Volume | |
| 8.99 | 8.99 | 8.99 | 8.99 | 1.00 | |
10/14/2024 | 8.99 | 8.99 | 8.99 | 8.99 | 1.00 |
| 9.00 | 9.00 | 9.00 | 9.00 | 1.00 |
| Backtest Aim Taxexempt | | | Aim Taxexempt History | | | Aim Taxexempt Valuation | Previous | Next |
Aim Taxexempt Trading Date Momentum on October 14, 2024
| On October 15 2024 Aim Taxexempt Funds was traded for 9.00 at the closing time. The highest daily price throughout the period was 9.00 and the lowest price was 9.00 . There was no trading activity during the period 1.0. Lack of trading volume on 10/15/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.11% . The overall trading delta to current closing price is 0.89% . |
Aim Taxexempt Funds Fundamentals Correlations and Trends
By evaluating Aim Taxexempt's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aim Taxexempt's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aim Taxexempt Mutual Fund history
Aim Taxexempt investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Aim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aim Taxexempt Funds will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Aim Taxexempt stock prices may prove useful in developing a viable investing in Aim Taxexempt
Under normal market conditions, and as a fundamental policy, the fund invests at least 80 percent of its net assets in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual and, as applicable, the funds state income tax. Additionally, under normal market conditions, it invests at least 80 percent of its net assets in New Jersey municipal securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The fund is non-diversified.
Aim Taxexempt Mutual Fund Technical Analysis
Aim Taxexempt technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Aim Taxexempt Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Aim Taxexempt Funds cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Aim Taxexempt December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Aim Taxexempt mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aim Taxexempt shares will generate the highest return on investment. By undertsting and applying Aim Taxexempt mutual fund market strength indicators, traders can identify Aim Taxexempt Funds entry and exit signals to maximize returns
Aim Taxexempt Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aim Taxexempt's price direction in advance. Along with the technical and fundamental analysis of Aim Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aim to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0169 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.35) | |||
| Treynor Ratio | 0.0391 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Aim Mutual Fund
Aim Taxexempt financial ratios help investors to determine whether Aim 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 Aim with respect to the benefits of owning Aim Taxexempt security.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |