Tax Free Conservative Fund Buy Hold or Sell Recommendation
| TFCYX Fund | USD 10.02 0.00 0.00% |
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Tax Free Conservative is 'Sell'. Macroaxis provides Tax Free buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Tax Free positions. The advice algorithm takes into account all of Tax Free's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Tax Free's buy or sell advice are summarized below:
Real Value 9.91 | Hype Value 10.02 | Market Value 10.02 | Naive Value 10.02 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Tax Free Conservative given historical horizon and risk tolerance towards Tax Free. When Macroaxis issues a 'buy' or 'sell' recommendation for Tax Free Conservative, the advice is generated through an automated system that utilizes algorithms and statistical models.
Tax |
Execute Tax Free Buy or Sell Advice
The Tax recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tax Free Conservative. Macroaxis does not own or have any residual interests in Tax Free Conservative or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tax Free's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details |
Tax Free Trading Alerts and Improvement Suggestions
| The fund maintains about 14.38% of its assets in cash |
Tax Free Returns Distribution Density
The distribution of Tax Free's historical returns is an attempt to chart the uncertainty of Tax Free's future price movements. The chart of the probability distribution of Tax Free daily returns describes the distribution of returns around its average expected value. We use Tax Free Conservative price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tax Free returns is essential to provide solid investment advice for Tax Free.
| Mean Return | 0.01 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 0.06 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tax Free historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Tax Free Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Tax Free or SEI sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Tax Free's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Tax fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0 | |
β | Beta against NYSE Composite | 0.01 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -1.46 |
Tax Free Volatility Alert
Tax Free Conservative exhibits very low volatility with skewness of 4.68 and kurtosis of 21.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tax Free's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tax Free's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Tax Free Fundamentals Vs Peers
Comparing Tax Free's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Tax Free's direct or indirect competition across all of the common fundamentals between Tax Free and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tax Free or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Tax Free's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tax Free by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tax Free to competition |
| Fundamentals | Tax Free | Peer Average |
| Annual Yield | 0.0005 % | 0.29 % |
| Year To Date Return | 0.95 % | 0.39 % |
| One Year Return | 3.40 % | 4.15 % |
| Three Year Return | 1.77 % | 3.60 % |
| Five Year Return | 1.36 % | 3.24 % |
| Net Asset | 173.29 M | 4.11 B |
| Cash Position Weight | 14.38 % | 10.61 % |
Tax Free Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tax . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Tax Free Buy or Sell Advice
When is the right time to buy or sell Tax Free Conservative? Buying financial instruments such as Tax Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Tax Free in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks Theme or any other thematic opportunities.
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Check out Tax Free Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.