The Missouri Tax Free Fund Quote
| CFMOX Fund | USD 18.42 0.01 0.05% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Missouri Tax is trading at 18.42 as of the 19th of April 2024; that is -0.05 percent decrease since the beginning of the trading day. The fund's open price was 18.43. Missouri Tax 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 The Missouri Tax Free are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets plus any borrowings for investment purposes, in Missouri municipal bonds, the income from which, in the opinion of bond counsel, is exempt from regular federal income taxes, federal alternative minimum taxes and Missouri taxes. More on The Missouri Tax Free
Moving together with Missouri Mutual Fund
| 0.99 | KTXIX | Kansas Tax | PairCorr |
| 0.67 | CFBNX | Bond Fund | PairCorr |
| 0.88 | CFNLX | National Tax | PairCorr |
Moving against Missouri Mutual Fund
| 0.51 | PQTAX | Pimco Trends Managed | PairCorr |
| 0.43 | GPMFX | Guidepath Managed Futures | PairCorr |
Missouri 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. Missouri Tax's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Missouri Tax or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Commerce Funds, Large Funds, Muni Single State Interm Funds, Muni Single State Interm, Commerce, Large, Muni Single State Interm (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
The Missouri Tax Free [CFMOX] is traded in USA and was established 19th of April 2024. Missouri Tax is listed under Commerce category by Fama And French industry classification. The fund is listed under Muni Single State Interm category and is part of Commerce family. This fund currently has accumulated 273.33 M in assets under management (AUM) with minimum initial investment of 1 K. Missouri Tax is currently producing year-to-date (YTD) return of 0.1% with the current yeild of 0.0%, while the total return for the last 3 years was -0.93%.
Check Missouri Tax Probability Of Bankruptcy
Instrument Allocation
Missouri Tax Target Price Odds Analysis
Based on a normal probability distribution, the odds of Missouri Tax jumping above the current price in 90 days from now is about 98.0%. The The Missouri Tax Free probability density function shows the probability of Missouri Tax mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Missouri Tax has a beta of 0.0573 suggesting as returns on the market go up, Missouri Tax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Missouri Tax Free will be expected to be much smaller as well. Additionally, the Missouri Tax Free 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 Missouri Tax to move above the current price in 90 days from now is about 98.0 (This The Missouri Tax Free probability density function shows the probability of Missouri Mutual Fund to fall within a particular range of prices over 90 days) .
Missouri Tax Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Missouri Tax market risk premium is the additional return an investor will receive from holding Missouri Tax 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 Missouri Tax. 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 Missouri Tax's alpha and beta are two of the key measurements used to evaluate Missouri Tax's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.0991 | |||
| Standard Deviation | 0.1457 | |||
| Variance | 0.0212 | |||
| Risk Adjusted Performance | (0.12) |
Missouri Tax Against Markets
Picking the right benchmark for Missouri Tax 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 Missouri Tax 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 Missouri Tax is critical whether you are bullish or bearish towards The Missouri Tax Free at a given time. Please also check how Missouri Tax'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 Missouri Tax 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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How to buy Missouri Mutual Fund?
Before investing in Missouri Tax, 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 Missouri Tax. To buy Missouri Tax fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Missouri Tax. 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 Missouri Tax fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located The Missouri Tax Free 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 The Missouri Tax Free 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 The Missouri Tax Free, 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 The Missouri Tax Free?
The danger of trading The Missouri Tax Free 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 Missouri Tax 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 Missouri Tax. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Missouri Tax 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 The Missouri Tax Free. 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 persons. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.