The National Financials

CFNLX Fund  USD 18.75  0.03  0.16%   
You can harness fundamental analysis to find out if National Tax is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to break down and interpolate sixteen available drivers for The National Tax Free, which can be compared to its competition. The fund experiences a normal upward fluctuation. Check odds of The National to be traded at $19.69 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

The National Fund Summary

The National competes with Vanguard Intermediate, Vanguard Intermediate, Tax Exempt, Tax Exempt, and Tax Exempt. The fund normally invests at least 80 percent of its net assets plus any borrowings for investment purposes, in municipal bonds issued by or on behalf of the states, territories and possessions of the United States, the District of Columbia and their respective authorities, agencies, instrumentalities and political subdivisions, the income from which, in the opinion of bond counsel, is exempt from regular federal income and federal alternative minimum taxes. It may invest up to 10 percent of its total assets in such unrated securities.
Specialization
Muni National Interm, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS2006267031
Business AddressCommerce Funds
Mutual Fund FamilyCommerce
Mutual Fund CategoryMuni National Interm
BenchmarkDow Jones Industrial
Phone800 995 6365
CurrencyUSD - US Dollar

The National Key Financial Ratios

The Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining The National's current stock value. Our valuation model uses many indicators to compare The National value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across The National competition to find correlations between indicators driving The National's intrinsic value. More Info.
The National Tax Free is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about  0.95  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for The National Tax Free is roughly  1.05 . 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 The National's earnings, one of the primary drivers of an investment's value.

National Tax Systematic Risk

The National's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. The National volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on National Tax correlated with the market. If Beta is less than 0 The National generally moves in the opposite direction as compared to the market. If The National Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one National Tax is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of The National is generally in the same direction as the market. If Beta > 1 The National moves generally in the same direction as, but more than the movement of the benchmark.

The National Thematic Clasifications

The National Tax Free is part of Munis Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds of local and national municipal bonds. Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities
Munis FundsView
This theme covers Funds of local and national municipal bonds. Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. Get More Thematic Ideas
The National Tax Free is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Muni National Interm category is currently estimated at about 263.77 Billion. The National adds roughly 377.99 Million in net asset claiming only tiny portion of funds under Muni National Interm category.

The National November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of The National help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The National Tax Free. We use our internally-developed statistical techniques to arrive at the intrinsic value of The National Tax Free based on widely used predictive technical indicators. In general, we focus on analyzing The Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build The National's daily price indicators and compare them against related drivers.

Other Information on Investing in The Mutual Fund

The National financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The National security.
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