Tax Exempt Bond Fund Price on August 31, 2018
| TEBCX Fund | USD 12.25 0.03 0.24% |
Below is the normalized historical share price chart for Tax Exempt Bond extending back to April 04, 2001. 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 Tax Exempt stands at 12.25, as last reported on the 18th of April 2024, with the highest price reaching 12.25 and the lowest price hitting 12.25 during the day.
If you're considering investing in Tax Mutual Fund, it is important to understand the factors that can impact its price. Tax Exempt Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0135, which indicates the fund had a -0.0135% return per unit of risk over the last 3 months. Tax Exempt Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tax Exempt's Variance of 0.0348, risk adjusted performance of (0.09), and Coefficient Of Variation of (1,022) to confirm the risk estimate we provide.
Tax Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tax |
Sharpe Ratio = -0.0135
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| Negative Returns | TEBCX |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tax Exempt 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 Tax Exempt by adding Tax Exempt to a well-diversified portfolio.
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.
About Tax Exempt Mutual Fund history
Tax Exempt 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 Tax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tax Exempt Bond 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 Tax Exempt stock prices may prove useful in developing a viable investing in Tax Exempt
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.
Tax Exempt Mutual Fund Technical Analysis
Tax Exempt 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
Tax Exempt Period Price Range
Tax Exempt April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Tax Exempt 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 Tax Exempt shares will generate the highest return on investment. By undertsting and applying Tax Exempt mutual fund market strength indicators, traders can identify Tax Exempt Bond entry and exit signals to maximize returns
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 12.25 | |||
| Day Typical Price | 12.25 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
Tax Exempt Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tax Exempt's price direction in advance. Along with the technical and fundamental analysis of Tax Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tax 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 | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.34) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tax Exempt Bond. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Tax Exempt Bond information on this page should be used as a complementary analysis to other Tax Exempt's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.