1919 Maryland Tax Free Manager Performance
| LMMCXDelisted Fund | USD 14.86 0.00 0.00% |
The entity owns a Beta (Systematic Risk) of 0.0365, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 1919 Maryland's returns are expected to increase less than the market. However, during the bear market, the loss of holding 1919 Maryland is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days 1919 Maryland Tax Free has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong fundamental indicators, 1919 Maryland is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.3000 |
1919 |
1919 Maryland Relative Risk vs. Return Landscape
If you would invest 1,487 in 1919 Maryland Tax Free on January 26, 2024 and sell it today you would lose (1.00) from holding 1919 Maryland Tax Free or give up 0.07% of portfolio value over 90 days. 1919 Maryland Tax Free is currently producing negative expected returns and takes up 0.0213% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than 1919, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
1919 Maryland Current Valuation
Overvalued
Today
Please note that 1919 Maryland's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. 1919 Maryland Tax owns a latest Real Value of $13.69 per share. The recent price of the fund is $14.86. We determine the value of 1919 Maryland Tax from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, sooner or later, mutual fund prices and their ongoing real values will grow together.
Our valuation method for 1919 Maryland Tax Free is useful when determining the fair value of the 1919 mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of 1919 Maryland. Since 1919 Maryland is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 1919 Mutual Fund. However, 1919 Maryland's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 14.86 | Real 13.69 | Hype 14.86 | Naive 14.88 |
The real value of 1919 Mutual Fund, also known as its intrinsic value, is the underlying worth of 1919 Maryland Tax Mutual Fund, which is reflected in its stock price. It is based on 1919 Maryland's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of 1919 Maryland's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence 1919 Maryland's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of 1919 Maryland Tax Free helps investors to forecast how 1919 mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of 1919 Maryland more accurately as focusing exclusively on 1919 Maryland's fundamentals will not take into account other important factors: 1919 Maryland Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1919 Maryland's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as 1919 Maryland Tax Free, and traders can use it to determine the average amount a 1919 Maryland's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.3162
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Based on monthly moving average 1919 Maryland is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of 1919 Maryland by adding 1919 Maryland to a well-diversified portfolio.
1919 Maryland Fundamentals Growth
1919 Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of 1919 Maryland, and 1919 Maryland fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on 1919 Mutual Fund performance.
| Total Asset | 74.93 M | |||
About 1919 Maryland Performance
To evaluate 1919 Maryland Tax Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when 1919 Maryland generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare 1919 Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand 1919 Maryland Tax market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents 1919's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund will normally invest at least 80 percent of its net assets in municipal obligations, the interest of which is exempt from Maryland state and local taxes and is not considered an item of tax preference for the purpose of the federal alternative minimum tax. 1919 Maryland is traded on NASDAQ Exchange in the United States.Things to note about 1919 Maryland Tax performance evaluation
Checking the ongoing alerts about 1919 Maryland for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for 1919 Maryland Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 1919 Maryland Tax is not yet fully synchronised with the market data | |
| 1919 Maryland Tax generated a negative expected return over the last 90 days | |
| 1919 Maryland Tax has a very high chance of going through financial distress in the upcoming years | |
| The fund generated three year return of -1.0% | |
| 1919 Maryland Tax maintains most of the assets in different exotic instruments. |
- Analyzing 1919 Maryland's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether 1919 Maryland's stock is overvalued or undervalued compared to its peers.
- Examining 1919 Maryland's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating 1919 Maryland's management team can have a significant impact on its success or failure. Reviewing the track record and experience of 1919 Maryland's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of 1919 Maryland's mutual fund. These opinions can provide insight into 1919 Maryland's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. 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 1919 Maryland Tax information on this page should be used as a complementary analysis to other 1919 Maryland'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in 1919 Mutual Fund
If you are still planning to invest in 1919 Maryland Tax check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the 1919 Maryland's history and understand the potential risks before investing.
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