Tax Exempt Bond Fund Manager Performance Evaluation
| TEBCX Fund | USD 12.61 0.01 0.08% |
The entity has a beta of 0.0556, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tax Exempt's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tax Exempt is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Tax Exempt Bond are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Tax Exempt is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of October 2022 | |
| Expense Ratio | 1.2900 |
Tax |
Tax Exempt Relative Risk vs. Return Landscape
If you would invest 1,253 in Tax Exempt Bond on September 12, 2024 and sell it today you would earn a total of 8.00 from holding Tax Exempt Bond or generate 0.64% return on investment over 90 days. Tax Exempt Bond is currently producing 0.0104% returns and takes up 0.2303% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Tax, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Tax Exempt Current Valuation
Overvalued
Today
Please note that Tax Exempt's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Tax Exempt Bond has a current Real Value of $12.26 per share. The regular price of the fund is $12.61. We determine the value of Tax Exempt Bond from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Tax Exempt is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tax Mutual Fund. However, Tax Exempt's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.61 | Real 12.26 | Hype 12.61 | Naive 12.61 |
The intrinsic value of Tax Exempt's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Tax Exempt's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Tax Exempt Bond helps investors to forecast how Tax mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Tax Exempt more accurately as focusing exclusively on Tax Exempt's fundamentals will not take into account other important factors: Tax Exempt Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tax Exempt's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Tax Exempt Bond, and traders can use it to determine the average amount a Tax Exempt's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.045
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TEBCX |
Estimated Market Risk
| 0.23 actual daily | 2 98% 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 | 3 97% of assets perform better |
Based on monthly moving average Tax Exempt is performing at about 3% 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 Tax Exempt by adding it to a well-diversified portfolio.
Tax Exempt Fundamentals Growth
Tax Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Tax Exempt, and Tax Exempt fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tax Mutual Fund performance.
| Total Asset | 221.71 M | ||||
About Tax Exempt Performance
Evaluating Tax Exempt's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tax Exempt has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tax Exempt has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will invest at least 80 percent of its assets in, or derive at least 80 percent of its income from, securities that are exempt from regular federal income tax. It will not invest in securities that subject the investors to federal alternative minimum tax. It invests at least 65 percent in debt securities rated A- or better or A3 or better by Nationally Recognized Statistical Rating Organizations designated by the funds investment adviser, or unrated but determined by the funds investment adviser to be of equivalent quality.Things to note about Tax Exempt Bond performance evaluation
Checking the ongoing alerts about Tax Exempt for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Tax Exempt Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Tax Exempt Bond maintains about 97.17% of its assets in bonds |
- Analyzing Tax Exempt's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Tax Exempt's stock is overvalued or undervalued compared to its peers.
- Examining Tax Exempt's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Tax Exempt's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tax Exempt's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Tax Exempt's mutual fund. These opinions can provide insight into Tax Exempt's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Tax Mutual Fund
Tax Exempt financial ratios help investors to determine whether Tax 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 Tax with respect to the benefits of owning Tax Exempt security.
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