North Carolina Tax Free Fund Manager Performance Evaluation
| NTSMX Fund | USD 10.41 0.01 0.1% |
The fund secures a Beta (Market Risk) of 0.0105, which conveys not very significant fluctuations relative to the market. As returns on the market increase, North Carolina's returns are expected to increase less than the market. However, during the bear market, the loss of holding North Carolina is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days North Carolina Tax Free has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong primary indicators, North Carolina 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 November 2022 | |
| Expense Ratio | 0.9700 |
North |
North Carolina Relative Risk vs. Return Landscape
If you would invest 1,041 in North Carolina Tax Free on September 1, 2024 and sell it today you would earn a total of 0.00 from holding North Carolina Tax Free or generate 0.0% return on investment over 90 days. North Carolina Tax Free is currently producing negative expected returns and takes up 0.0646% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than North, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
North Carolina Current Valuation
Overvalued
Today
Please note that North Carolina's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. North Carolina Tax secures a last-minute Real Value of $9.58 per share. The latest price of the fund is $10.41. We determine the value of North Carolina Tax from analyzing 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 merge together.
Since North Carolina is currently traded on the exchange, buyers and sellers on that exchange determine the market value of North Mutual Fund. However, North Carolina'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 10.41 | Real 9.58 | Hype 10.41 | Naive 10.4 |
The intrinsic value of North Carolina'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 North Carolina'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 North Carolina Tax Free helps investors to forecast how North 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 North Carolina more accurately as focusing exclusively on North Carolina's fundamentals will not take into account other important factors: North Carolina Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for North Carolina's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as North Carolina Tax Free, and traders can use it to determine the average amount a North Carolina'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 = 3.0E-4
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| NTSMX |
Based on monthly moving average North Carolina 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 North Carolina by adding North Carolina to a well-diversified portfolio.
North Carolina Fundamentals Growth
North Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of North Carolina, and North Carolina 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 North Mutual Fund performance.
About North Carolina Performance
Evaluating North Carolina's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if North Carolina 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 North Carolina 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 funds assets will be invested so that at least 80 percent of the income will be exempt from Federal and North Carolina income taxes or it will have at least 80 percent of its net assets invested in securities exempt from Federal and North Carolina income taxes.Things to note about North Carolina Tax performance evaluation
Checking the ongoing alerts about North Carolina for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for North Carolina Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| North Carolina Tax generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| North Carolina Tax maintains about 100.0% of its assets in bonds |
- Analyzing North Carolina'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 North Carolina's stock is overvalued or undervalued compared to its peers.
- Examining North Carolina'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 North Carolina's management team can have a significant impact on its success or failure. Reviewing the track record and experience of North Carolina's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of North Carolina's mutual fund. These opinions can provide insight into North Carolina's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in North Mutual Fund
North Carolina financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North Carolina security.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |