Westcore Municipal Financials
| WITAX Fund | USD 9.61 0.00 0.00% |
Westcore |
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.
Westcore Municipal Fund Summary
Westcore Municipal competes with Transamerica Mlp, Hennessy, World Energy, Pgim Jennison, and Goldman Sachs. Under normal circumstances, the fund will invest at least eighty percent of the value of its net assets, plus any borrowings for investment purposes, in municipal bonds. It focuses primarily on investment-grade quality municipal bonds that are rated in one of the four highest investment-grade categories at the time of purchase by one or more nationally recognized rating agencies such as Moodys or Standard Poors. The fund may invest up to thirty percent of its total assets at the time of purchase in municipal bonds rated below investment grade .Specialization | Muni National Interm, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | CO Alps Fund |
| Mutual Fund Family | Segall Bryant & Hamill |
| Mutual Fund Category | Muni National Interm |
| Benchmark | Dow Jones Industrial |
| Phone | 800 392 2673 |
| Currency | USD - US Dollar |
Westcore Municipal Key Financial Ratios
Westcore Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Westcore Municipal's current stock value. Our valuation model uses many indicators to compare Westcore Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westcore Municipal competition to find correlations between indicators driving Westcore Municipal's intrinsic value. More Info.Westcore Municipal Opportunities is rated second in annual yield among similar funds. It is presently regarded as number one fund in year to date return among similar funds creating about 38.56 of Year To Date Return per Annual Yield. 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 Westcore Municipal's earnings, one of the primary drivers of an investment's value.Westcore Municipal Systematic Risk
Westcore Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Westcore Municipal 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Westcore Municipal correlated with the market. If Beta is less than 0 Westcore Municipal generally moves in the opposite direction as compared to the market. If Westcore Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Westcore Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Westcore Municipal is generally in the same direction as the market. If Beta > 1 Westcore Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Westcore Municipal January 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Westcore Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Westcore Municipal Opportunities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westcore Municipal Opportunities based on widely used predictive technical indicators. In general, we focus on analyzing Westcore Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westcore Municipal's daily price indicators and compare them against related drivers.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 0.9377 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.3145 |
Other Information on Investing in Westcore Mutual Fund
Westcore Municipal financial ratios help investors to determine whether Westcore 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 Westcore with respect to the benefits of owning Westcore Municipal security.
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