Tax-Managed Mutual Fund Market Value

RTLCX
 Fund
  

USD 51.73  0.46  0.90%   

Tax-Managed's market value is the price at which a share of Tax-Managed stock trades on a public exchange. It measures the collective expectations of Tax-Managed US Large investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Tax-Managed US Large and determine expected loss or profit from investing in Tax-Managed over a given investment horizon. Additionally, take a look at Tax-Managed Hype Analysis, Tax-Managed Correlation, Portfolio Optimization, Tax-Managed Volatility, as well as analyze Tax-Managed Alpha and Beta and Tax-Managed Performance.
Symbol
Backtest

Please note, there is a significant difference between Tax-Managed's value and its price as these two are different measures arrived at by different means. Investors typically determine Tax-Managed value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tax-Managed'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.

Tax-Managed 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tax-Managed's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tax-Managed.
0.00
07/12/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
07/02/2022
0.00
If you would invest  0.00  in Tax-Managed on July 12, 2020 and sell it all today you would earn a total of 0.00 from holding Tax-Managed US Large or generate 0.0% return on investment in Tax-Managed over 720 days. Tax-Managed is related to or competes with Cisco Systems. The investment seeks to provide long term capital growth on an after-tax basisMore

Tax-Managed Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tax-Managed's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tax-Managed US Large upside and downside potential and time the market with a certain degree of confidence.

Tax-Managed Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tax-Managed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tax-Managed's standard deviation. In reality, there are many statistical measures that can use Tax-Managed historical prices to predict the future Tax-Managed's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Tax-Managed's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Tax-Managed in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.001.77
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.001.77
Details
Naive
Forecast
LowNext ValueHigh
51.2953.0654.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
49.0855.3961.69
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tax-Managed. Your research has to be compared to or analyzed against Tax-Managed's peers to derive any actionable benefits. When done correctly, Tax-Managed's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Tax-Managed US Large.

Tax-Managed US Large Backtested Returns

Tax-Managed US Large owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the fund had -0.17% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Tax-Managed US Large exposes twenty-six different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Tax-Managed coefficient of variation of (630.81), and Risk Adjusted Performance of (0.22) to confirm the risk estimate we provide.
The entity has a beta of -0.0121, which indicates not very significant fluctuations relative to the market. Let's try to break down what Tax-Managed's beta means in this case. As returns on the market increase, returns on owning Tax-Managed are expected to decrease at a much lower rate. During the bear market, Tax-Managed is likely to outperform the market. Even though it is essential to pay attention to Tax-Managed US Large current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Tax-Managed US Large exposes twenty-six different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.63  

Very good reverse predictability

Tax-Managed US Large has very good reverse predictability. Overlapping area represents the amount of predictability between Tax-Managed time series from 12th of July 2020 to 7th of July 2021 and 7th of July 2021 to 2nd of July 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tax-Managed US Large price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Tax-Managed price fluctuation can be explain by its past prices.
Correlation Coefficient-0.63
Spearman Rank Test-0.55
Residual Average0.0
Price Variance13.4

Tax-Managed US Large lagged returns against current returns

Autocorrelation, which is Tax-Managed mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Tax-Managed's mutual fund expected returns. We can calculate the autocorrelation of Tax-Managed returns to help us make a trade decision. For example, suppose you find that Tax-Managed mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Tax-Managed regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Tax-Managed mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tax-Managed mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tax-Managed mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

Tax-Managed Lagged Returns

When evaluating Tax-Managed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tax-Managed mutual fund have on its future price. Tax-Managed autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Tax-Managed autocorrelation shows the relationship between Tax-Managed mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Tax-Managed US Large.
 Regressed Prices 
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      Timeline 

Tax-Managed Investors Sentiment

The influence of Tax-Managed's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Tax-Managed. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Tax-Managed 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, Tax-Managed's short interest history, or implied volatility extrapolated from Tax-Managed options trading.

Current Sentiment - RTLCX

Tax-Managed US Large Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in Tax-Managed US Large. What is your outlook on investing in Tax-Managed US Large? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Currently Active Assets on Macroaxis

Additionally, take a look at Tax-Managed Hype Analysis, Tax-Managed Correlation, Portfolio Optimization, Tax-Managed Volatility, as well as analyze Tax-Managed Alpha and Beta and Tax-Managed Performance. Note that the Tax-Managed US Large information on this page should be used as a complementary analysis to other Tax-Managed'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Tax-Managed Mutual Fund analysis

When running Tax-Managed US Large price analysis, check to measure Tax-Managed'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 Tax-Managed is operating at the current time. Most of Tax-Managed's value examination focuses on studying past and present price action to predict the probability of Tax-Managed's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tax-Managed's price. Additionally, you may evaluate how the addition of Tax-Managed to your portfolios can decrease your overall portfolio volatility.
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Tax-Managed technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Tax-Managed technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tax-Managed trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...