Tax Exempt Bond Fund Probability of Future Mutual Fund Price Finishing Under 12.81

TEBCX Fund  USD 12.37  0.01  0.08%   
Tax Exempt's future price is the expected price of Tax Exempt instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Tax Exempt Bond performance during a given time horizon utilizing its historical volatility. Check out Tax Exempt Backtesting, Portfolio Optimization, Tax Exempt Correlation, Tax Exempt Hype Analysis, Tax Exempt Volatility, Tax Exempt History as well as Tax Exempt Performance.
  
Please specify Tax Exempt's target price for which you would like Tax Exempt odds to be computed.

Tax Exempt Target Price Odds to finish below 12.81

The tendency of Tax Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay under $ 12.81  after 90 days
 12.37 90 days 12.81 
close to 99
Based on a normal probability distribution, the odds of Tax Exempt to stay under $ 12.81  after 90 days from now is close to 99 (This Tax Exempt Bond probability density function shows the probability of Tax Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Tax Exempt Bond price to stay between its current price of $ 12.37  and $ 12.81  at the end of the 90-day period is about 67.53 .
Assuming the 90 days horizon Tax Exempt Bond has a beta of -0.0233. This usually implies as returns on benchmark increase, returns on holding Tax Exempt are expected to decrease at a much lower rate. During the bear market, however, Tax Exempt Bond is likely to outperform the market. Additionally Tax Exempt Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Tax Exempt Price Density   
       Price  

Predictive Modules for Tax Exempt

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tax Exempt Bond. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tax Exempt's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.2112.3812.55
Details
Intrinsic
Valuation
LowRealHigh
11.9612.1313.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tax Exempt. Your research has to be compared to or analyzed against Tax Exempt's peers to derive any actionable benefits. When done correctly, Tax Exempt's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tax Exempt Bond.

Tax Exempt Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Tax Exempt is not an exception. The market had few large corrections towards the Tax Exempt's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Tax Exempt Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tax Exempt within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.0094
β
Beta against NYSE Composite-0.02
σ
Overall volatility
0.04
Ir
Information ratio -0.84

Tax Exempt Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Tax Exempt for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tax Exempt Bond can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Tax Exempt Bond generated a negative expected return over the last 90 days
The fund generated three year return of -1.0%
Tax Exempt Bond maintains about 97.17% of its assets in bonds

Tax Exempt Technical Analysis

Tax Exempt's future price can be derived by breaking down and analyzing its technical indicators over time. Tax Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tax Exempt Bond. In general, you should focus on analyzing Tax Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Tax Exempt Predictive Forecast Models

Tax Exempt's time-series forecasting models is one of many Tax Exempt's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Tax Exempt's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Tax Exempt Bond

Checking the ongoing alerts about Tax Exempt for important developments is a great way to find new opportunities for your next move. Our stock 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.
Tax Exempt Bond generated a negative expected return over the last 90 days
The fund generated three year return of -1.0%
Tax Exempt Bond maintains about 97.17% of its assets in bonds
Check out Tax Exempt Backtesting, Portfolio Optimization, Tax Exempt Correlation, Tax Exempt Hype Analysis, Tax Exempt Volatility, Tax Exempt History as well as Tax Exempt Performance.
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Tax Exempt's price analysis, check to measure Tax Exempt's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tax Exempt is operating at the current time. Most of Tax Exempt's value examination focuses on studying past and present price action to predict the probability of Tax Exempt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tax Exempt's price. Additionally, you may evaluate how the addition of Tax Exempt to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Tax Exempt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tax Exempt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tax Exempt's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.