Aquila Tax Free Trust Fund Quote
| AZTCX Fund | USD 9.70 0.01 0.10% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Aquila Tax-free is trading at 9.70 as of the 16th of April 2024; that is 0.10 percent up since the beginning of the trading day. The fund's open price was 9.69. Aquila Tax-free has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Aquila Tax Free Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds net assets will be invested in municipal obligations that pay interest exempt, in the opinion of bond counsel, from Arizona state and regular Federal income taxes, the income paid upon which will not be subject to the Federal alternative minimum tax on individuals. More on Aquila Tax Free Trust
Moving together with Aquila Mutual Fund
| 0.9 | CHKFX | Aquila Churchill Tax | PairCorr |
| 0.89 | CHKCX | Aquila Churchill Tax | PairCorr |
| 0.84 | CHKYX | Aquila Churchill Tax | PairCorr |
| 0.85 | CHKIX | Aquila Churchill Tax | PairCorr |
| 0.83 | CHTFX | Aquila Churchill Tax | PairCorr |
Aquila Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aquila Tax-free's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aquila Tax-free or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Aquila Funds, Large Funds, Muni Single State Interm Funds, Muni Single State Interm, Aquila (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 26th of July 2022 |
| Fiscal Year End | March |
Aquila Tax Free Trust [AZTCX] is traded in USA and was established 16th of April 2024. Aquila Tax-free is listed under Aquila category by Fama And French industry classification. The fund is listed under Muni Single State Interm category and is part of Aquila family. This fund presently has accumulated 204.49 M in assets under management (AUM) with no minimum investment requirementsAquila Tax Free is currently producing year-to-date (YTD) return of 3.56% with the current yeild of 0.0%, while the total return for the last 3 years was -2.08%.
Check Aquila Tax-free Probability Of Bankruptcy
Instrument Allocation
Aquila Tax-free Target Price Odds Analysis
Based on a normal probability distribution, the odds of Aquila Tax-free jumping above the current price in 90 days from now is about 99.0%. The Aquila Tax Free Trust probability density function shows the probability of Aquila Tax-free mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Aquila Tax Free Trust has a beta of -0.0135. This suggests as returns on the benchmark increase, returns on holding Aquila Tax-free are expected to decrease at a much lower rate. During a bear market, however, Aquila Tax Free Trust is likely to outperform the market. Additionally, aquila Tax Free Trust has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Aquila Tax-free to move above the current price in 90 days from now is about 99.0 (This Aquila Tax Free Trust probability density function shows the probability of Aquila Mutual Fund to fall within a particular range of prices over 90 days) .
Aquila Tax Free Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aquila Tax-free market risk premium is the additional return an investor will receive from holding Aquila Tax-free long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Aquila Tax-free. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Aquila Tax-free's alpha and beta are two of the key measurements used to evaluate Aquila Tax-free's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1043 | |||
| Standard Deviation | 0.1493 | |||
| Variance | 0.0223 | |||
| Risk Adjusted Performance | (0.12) |
Aquila Tax-free Against Markets
Picking the right benchmark for Aquila Tax-free mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aquila Tax-free mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aquila Tax-free is critical whether you are bullish or bearish towards Aquila Tax Free Trust at a given time. Please also check how Aquila Tax-free's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aquila Tax-free without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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How to buy Aquila Mutual Fund?
Before investing in Aquila Tax-free, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Aquila Tax-free. To buy Aquila Tax-free fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aquila Tax-free. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Aquila Tax-free fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Aquila Tax Free Trust fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Aquila Tax Free Trust fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Aquila Tax Free Trust, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Aquila Tax Free Trust?
The danger of trading Aquila Tax Free Trust is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aquila Tax-free is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aquila Tax-free. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aquila Tax Free is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aquila Tax Free Trust. 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 Aquila Tax Free information on this page should be used as a complementary analysis to other Aquila Tax-free'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.