Colorado Bondshares Financials
| HICOX Fund | USD 8.77 0.03 0.34% |
Colorado |
Please note that past performance is not an indicator of the future performance of Colorado Bondshares, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Colorado Bondshares Fund Summary
Colorado Bondshares competes with Kentucky Tax-free, Virginia Bond, Hawaiian Tax-free, Hawaiian Tax-free, and Aquila Tax-free. The manager will attempt to invest up to 100 percent and, except for temporary investments, will invest at least 80 percent of the value of its net assets in tax-exempt bonds and other tax-exempt securities, including tax-exempt notes and tax-exempt municipal leases of the State of Colorado, its political subdivisions, municipalities and public authorities .Specialization | Muni Single State Interm, Muni Single State Interm |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US1963321005 |
| Business Address | Colorado Bondshares A |
| Mutual Fund Family | Freedom Funds |
| Mutual Fund Category | Muni Single State Interm |
| Benchmark | NYSE Composite |
| Phone | 800 572 0069 |
| Currency | USD - US Dollar |
You should never invest in Colorado Bondshares A without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Colorado Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Colorado Bondshares' prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Colorado Bondshares Key Financial Ratios
Generally speaking, Colorado Bondshares' financial ratios allow both analysts and investors to convert raw data from Colorado Bondshares' financial statements into concise, actionable information that can be used to evaluate the performance of Colorado Bondshares over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Colorado Bondshares reports annually and quarterly.Colorado Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Colorado Bondshares's current stock value. Our valuation model uses many indicators to compare Colorado Bondshares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Colorado Bondshares competition to find correlations between indicators driving Colorado Bondshares's intrinsic value. More Info.Colorado Bondshares A is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 285.20 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Colorado Bondshares by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Colorado Bondshares' Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Colorado Bondshares Systematic Risk
Colorado Bondshares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Colorado Bondshares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Colorado Bondshares correlated with the market. If Beta is less than 0 Colorado Bondshares generally moves in the opposite direction as compared to the market. If Colorado Bondshares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Colorado Bondshares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Colorado Bondshares is generally in the same direction as the market. If Beta > 1 Colorado Bondshares moves generally in the same direction as, but more than the movement of the benchmark.