The Missouri Tax Free Fund Market Value
| CFMOX Fund | USD 18.68 0.04 0.21% |
| Symbol | The |
The Missouri 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to The Missouri's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of The Missouri.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in The Missouri on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding The Missouri Tax Free or generate 0.0% return on investment in The Missouri over 720 days. The Missouri is related to or competes with Bond Fund, Franklin Missouri, The National, and Eaton Vance. The fund normally invests at least 80 percent of its net assets plus any borrowings for investment purposes, in Missouri... More
The Missouri Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure The Missouri's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Missouri Tax Free upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2661 | |||
| Information Ratio | (0.64) | |||
| Maximum Drawdown | 1.08 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.2695 |
The Missouri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for The Missouri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Missouri's standard deviation. In reality, there are many statistical measures that can use The Missouri historical prices to predict the future The Missouri's volatility.| Risk Adjusted Performance | 0.011 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.48) | |||
| Treynor Ratio | 0.0178 |
Missouri Tax Backtested Returns
At this stage we consider The Mutual Fund to be very steady. Missouri Tax owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0518, which indicates the fund had a 0.0518% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Missouri Tax Free, which you can use to evaluate the volatility of the fund. Please validate The Missouri's Semi Deviation of 0.1763, risk adjusted performance of 0.011, and Coefficient Of Variation of 1929.94 to confirm if the risk estimate we provide is consistent with the expected return of 0.0103%. The entity has a beta of 0.0149, which indicates not very significant fluctuations relative to the market. As returns on the market increase, the Missouri's returns are expected to increase less than the market. However, during the bear market, the loss of holding the Missouri is expected to be smaller as well.
Auto-correlation | -0.55 |
Good reverse predictability
The Missouri Tax Free has good reverse predictability. Overlapping area represents the amount of predictability between The Missouri time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Missouri Tax price movement. The serial correlation of -0.55 indicates that about 55.0% of current The Missouri price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Missouri Tax lagged returns against current returns
Autocorrelation, which is The Missouri mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting The Missouri's mutual fund expected returns. We can calculate the autocorrelation of The Missouri returns to help us make a trade decision. For example, suppose you find that The Missouri has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
The Missouri regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If The Missouri mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if The Missouri mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in The Missouri mutual fund over time.
Current vs Lagged Prices |
| Timeline |
The Missouri Lagged Returns
When evaluating The Missouri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of The Missouri mutual fund have on its future price. The Missouri autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, The Missouri autocorrelation shows the relationship between The Missouri mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Missouri Tax Free.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in The Mutual Fund
The Missouri financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Missouri security.
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