Aquila Tax-free Competition

ORTFX Fund  USD 10.37  0.02  0.19%   
Aquila Tax Free competes with Aquila Three, Aquila Three, Aquila Three, Aquila Three, and Aquila Tax; as well as few others. The fund is listed under Muni Single State Interm category and is part of Aquila family. Analyzing Aquila Tax-free competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Aquila Tax-free to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Aquila Tax-free Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Aquila Tax-free competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
10.1810.3710.56
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Intrinsic
Valuation
LowRealHigh
9.809.9911.41
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Naive
Forecast
LowNextHigh
10.1710.3610.55
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.2810.3210.35
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aquila Tax-free. Your research has to be compared to or analyzed against Aquila Tax-free's peers to derive any actionable benefits. When done correctly, Aquila Tax-free's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Aquila Tax Free.

Aquila Tax-free Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Aquila Tax-free and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Aquila and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Aquila Tax Free does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ATGYXATGAX
UTAHXUTACX
UTACXUTAYX
UTAHXUTAYX
ATPCXATIPX
ATPYXATPAX
  
High negative correlations   
UTACXATGCX
UTAHXATGCX
UTAYXATGCX
ATPAXATGCX
UTAHXATGYX
UTACXATGYX

Risk-Adjusted Indicators

There is a big difference between Aquila Mutual Fund performing well and Aquila Tax-free Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Aquila Tax-free's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ATGAX  0.69  0.02  0.02  0.13  0.75 
 1.39 
 4.09 
ATGCX  0.71  0.10 (0.01)(1.08) 0.75 
 1.38 
 4.08 
ATGYX  0.69  0.02  0.02  0.13  0.75 
 1.39 
 4.08 
ATIPX  0.09  0.00 (0.58) 0.70  0.07 
 0.12 
 0.73 
ATPCX  0.10  0.00 (0.64) 0.00  0.11 
 0.24 
 0.73 
ATPAX  0.09 (0.01)(0.55)(0.10) 0.09 
 0.24 
 0.85 
ATPYX  0.10  0.00 (0.57)(0.09) 0.02 
 0.24 
 0.73 
UTAYX  0.12  0.02 (0.28)(0.10) 0.12 
 0.31 
 1.24 
UTACX  0.12  0.02 (0.33)(0.08) 0.12 
 0.31 
 1.14 
UTAHX  0.13  0.02 (0.31)(0.08) 0.13 
 0.31 
 1.14 

Aquila Tax-free Competitive Analysis

The better you understand Aquila Tax-free competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Aquila Tax-free's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Aquila Tax-free's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ORTFX ATGAX ATGCX ATGYX ATIPX ATPCX ATPAX ATPYX UTAYX UTACX
 0.19 
 10.37 
Aquila
 0.02 
 47.03 
Aquila
 0.00 
 28.85 
Aquila
 0.02 
 54.55 
Aquila
 0.00 
 8.21 
Aquila
 0.00 
 8.22 
Aquila
 0.12 
 8.25 
Aquila
 0.12 
 8.26 
Aquila
 0.21 
 9.76 
Aquila
 0.10 
 9.73 
Aquila
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Jensen Alpha
Total Risk Alpha
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Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
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Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Aquila Tax-free Competition Performance Charts

Five steps to successful analysis of Aquila Tax-free Competition

Aquila Tax-free's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Aquila Tax Free in relation to its competition. Aquila Tax-free's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Aquila Tax-free in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Aquila Tax-free's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Aquila Tax Free, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Aquila Tax-free position

In addition to having Aquila Tax-free in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Steel Works Etc Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Steel Works Etc theme has 54 constituents at this time.
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Other Information on Investing in Aquila Mutual Fund

Aquila Tax-free financial ratios help investors to determine whether Aquila Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aquila with respect to the benefits of owning Aquila Tax-free security.
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