Robinson Tax Advantaged Fund Quote

ROBNX Fund  USD 8.70  0.02  0.23%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 36

 
100  
 
Zero
Below Average
Robinson Tax is trading at 8.70 as of the 29th of March 2024; that is 0.23% increase since the beginning of the trading day. The fund's open price was 8.68. Robinson Tax has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Robinson Tax Advantaged are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Under normal market conditions, the fund pursues its investment objective by investing primarily in closed-end registered investment companies that invest primarily in municipal bonds. The CEFs, Mutual Funds and ETFs in which the fund invests primarily in investment grade municipal bonds, with an average rating of at least Baa3 or higher by Moodys or BBB- or higher by Standard Poors or Fitch Ratings.. More on Robinson Tax Advantaged

Moving together with Robinson Mutual Fund

  1.0ROBAX Robinson Tax AdvantagedPairCorr
  1.0ROBCX Robinson Tax AdvantagedPairCorr
  0.91RBNAX Robinson OpportunisticPairCorr
  0.91RBNCX Robinson OpportunisticPairCorr
  0.91RBNNX Robinson OpportunisticPairCorr

Moving against Robinson Mutual Fund

  0.55REICX West Loop RealtyPairCorr

Robinson 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. Robinson Tax's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Robinson Tax or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationLiberty Street Funds, Large Funds, Muni National Long Funds, Muni National Long, Liberty Street (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date30th of April 2023
Fiscal Year EndDecember
Robinson Tax Advantaged [ROBNX] is traded in USA and was established 29th of March 2024. Robinson Tax is listed under Liberty Street category by Fama And French industry classification. The fund is listed under Muni National Long category and is part of Liberty Street family. This fund at this time has accumulated 194.59 M in assets with minimum initial investment of 1000 K. Robinson Tax Advantaged is currently producing year-to-date (YTD) return of 4.13% with the current yeild of 0.0%, while the total return for the last 3 years was 1.5%.
Check Robinson Tax Probability Of Bankruptcy

Instrument Allocation

Top Robinson Tax Advantaged Mutual Fund Constituents

MFMMFS Municipal IncomeStockFinancials
MQYBlackrock Muniyield QualityFundAsset Management
AFBAlliancebernstein National MunicipalFundAsset Management
DSMBny Mellon StrategicFundAsset Management
MAVPioneer Municipal HighStockFinancials
MUBIShares National MuniEtfMuni National Interm
EIMEaton Vance MbfFundAsset Management
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Robinson Tax Target Price Odds Analysis

Based on a normal probability distribution, the odds of Robinson Tax jumping above the current price in 90 days from now is about 10.92%. The Robinson Tax Advantaged probability density function shows the probability of Robinson Tax mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Robinson Tax has a beta of 0.1878 indicating as returns on the market go up, Robinson Tax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Robinson Tax Advantaged will be expected to be much smaller as well. Additionally, robinson Tax Advantaged has an alpha of 0.0257, implying that it can generate a 0.0257 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 8.7HorizonTargetOdds Above 8.7
88.75%90 days
 8.70 
10.92%
Based on a normal probability distribution, the odds of Robinson Tax to move above the current price in 90 days from now is about 10.92 (This Robinson Tax Advantaged probability density function shows the probability of Robinson Mutual Fund to fall within a particular range of prices over 90 days) .

Robinson Tax Advantaged Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Robinson Tax market risk premium is the additional return an investor will receive from holding Robinson 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 Robinson 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 Robinson Tax's alpha and beta are two of the key measurements used to evaluate Robinson Tax's performance over the market, the standard measures of volatility play an important role as well.

Robinson Tax Against Markets

Picking the right benchmark for Robinson 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 Robinson 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 Robinson Tax is critical whether you are bullish or bearish towards Robinson Tax Advantaged at a given time. Please also check how Robinson 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 Robinson 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.

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How to buy Robinson Mutual Fund?

Before investing in Robinson 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 Robinson Tax. To buy Robinson Tax fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Robinson 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 Robinson Tax fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Robinson Tax Advantaged 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 Robinson Tax Advantaged 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 Robinson Tax Advantaged, 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 Robinson Tax Advantaged?

The danger of trading Robinson Tax Advantaged 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 Robinson 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 Robinson Tax. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Robinson Tax Advantaged 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Robinson Tax Advantaged. 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 board of governors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Robinson Mutual Fund analysis

When running Robinson Tax's price analysis, check to measure Robinson Tax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Robinson Tax is operating at the current time. Most of Robinson Tax's value examination focuses on studying past and present price action to predict the probability of Robinson Tax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Robinson Tax's price. Additionally, you may evaluate how the addition of Robinson Tax to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Robinson Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Robinson Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robinson Tax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.