Aquila Narragansett Tax Free Fund Fundamentals
| NITCX Fund | USD 10.03 0.02 0.20% |
Aquila Narragansett Tax Free fundamentals help investors to digest information that contributes to Aquila Narragansett's financial success or failures. It also enables traders to predict the movement of Aquila Mutual Fund. The fundamental analysis module provides a way to measure Aquila Narragansett's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aquila Narragansett mutual fund.
Aquila |
Aquila Narragansett Tax Free Mutual Fund Annual Yield Analysis
Aquila Narragansett's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Aquila Narragansett Annual Yield | 0 % |
Most of Aquila Narragansett's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Aquila Narragansett Tax Free is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Aquila Narragansett Tax Free has an Annual Yield of 0.0031%. This is much higher than that of the Aquila family and significantly higher than that of the Muni Single State Interm category. The annual yield for all United States funds is notably lower than that of the firm.
Aquila Narragansett Tax Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aquila Narragansett's current stock value. Our valuation model uses many indicators to compare Aquila Narragansett value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aquila Narragansett competition to find correlations between indicators driving Aquila Narragansett's intrinsic value. More Info.Aquila Narragansett Tax Free is number one fund in annual yield among similar funds. It is number one fund in year to date return among similar funds creating about 7.32 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Aquila Narragansett by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aquila Narragansett's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Aquila Narragansett's earnings, one of the primary drivers of an investment's value.Aquila Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aquila Narragansett's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Aquila Narragansett could also be used in its relative valuation, which is a method of valuing Aquila Narragansett by comparing valuation metrics of similar companies.Aquila Narragansett is currently under evaluation in annual yield among similar funds.
Fund Asset Allocation for Aquila Narragansett
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in cash and cash equivalents.Asset allocation divides Aquila Narragansett's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Aquila Fundamentals
| Total Asset | 930 K | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 0.02 % | |||
| One Year Return | 0.26 % | |||
| Three Year Return | (2.26) % | |||
| Five Year Return | (0.24) % | |||
| Ten Year Return | 2.48 % | |||
| Net Asset | 199.1 M | |||
| Last Dividend Paid | 0.01 | |||
| Cash Position Weight | 2.07 % |
About Aquila Narragansett Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aquila Narragansett Tax Free's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aquila Narragansett using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aquila Narragansett Tax Free based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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 Rhode Island state and regular Federal income taxes, the income paid upon which will not be subject to the Federal alternative minimum tax on individuals. These obligations can be of any maturity, but the funds weighted average maturity has traditionally been between 5 and 15 years. The fund is non-diversified.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aquila Narragansett in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aquila Narragansett's short interest history, or implied volatility extrapolated from Aquila Narragansett options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Aquila Narragansett 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 main economic indicators. Note that the Aquila Narragansett Tax information on this page should be used as a complementary analysis to other Aquila Narragansett'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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.