Near Term Tax Free Fund Price on November 30, 2023
| NEARX Fund | USD 2.09 0.01 0.48% |
Below is the normalized historical share price chart for Near Term Tax Free extending back to August 08, 2002. 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 Near Term stands at 2.09, as last reported on the 20th of December, with the highest price reaching 2.09 and the lowest price hitting 2.09 during the day.
If you're considering investing in Near Mutual Fund, it is important to understand the factors that can impact its price. Near Term Tax has Sharpe Ratio of -0.0549, which conveys that the entity had a -0.0549% return per unit of risk over the last 3 months. Near Term exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Near Term's Mean Deviation of 0.0426, standard deviation of 0.1321, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide.
Near Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Near |
Sharpe Ratio = -0.0549
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEARX |
Estimated Market Risk
| 0.13 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
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Near Term is not performing at its full potential. However, 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 Near Term by adding Near Term to a well-diversified portfolio.
Near Term Valuation on November 30, 2023
It is possible to determine the worth of Near Term on a given historical date. On November 30, 2023 Near was worth 2.05 at the beginning of the trading date compared to the closed value of 2.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Near Term mutual fund. Still, in general, we apply an absolute valuation method to find Near Term'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 Near Term where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Near Term's related companies.
| Open | High | Low | Close | Volume | |
| 2.04 | 2.04 | 2.04 | 2.04 | 1.00 | |
11/30/2023 | 2.05 | 2.05 | 2.05 | 2.05 | 1.00 |
| 2.05 | 2.05 | 2.05 | 2.05 | 1.00 |
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Near Term Trading Date Momentum on November 30, 2023
| On December 01 2023 Near Term Tax Free was traded for 2.05 at the closing time. The highest daily price throughout the period was 2.05 and the lowest price was 2.05 . There was no trading activity during the period 1.0. Lack of trading volume on 12/01/2023 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Near Term Tax Fundamentals Correlations and Trends
By evaluating Near Term'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 Near Term's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Near financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Near Term Mutual Fund history
Near Term 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 Near is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Near Term Tax 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 Near Term stock prices may prove useful in developing a viable investing in Near Term
Under normal market conditions, the fund invests at least 80 percent of its net assets in investment grade municipal securities whose interest is free from federal income tax, including the federal alternative minimum tax. It will maintain a weighted-average portfolio maturity of five years or less. Although the advisor intends to invest the majority of its assets in tax free securities, the fund may invest up to 20 percent of its assets in securities that pay taxable interest.
Near Term Mutual Fund Technical Analysis
Near Term 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
Near Term Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Near Term Tax Free 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.
Near Term December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Near Term 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 Near Term shares will generate the highest return on investment. By undertsting and applying Near Term mutual fund market strength indicators, traders can identify Near Term Tax Free entry and exit signals to maximize returns
Near Term Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Near Term's price direction in advance. Along with the technical and fundamental analysis of Near Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Near 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 | (0.09) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.5028 |
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| Volume Indicators |
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.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
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