Mississippi Tax Free Income Fund Price on November 4, 2024
| DUMSX Fund | USD 11.16 0.01 0.09% |
Below is the normalized historical share price chart for Mississippi Tax Free Income extending back to March 22, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mississippi Tax-free stands at 11.16, as last reported on the 4th of December, with the highest price reaching 11.16 and the lowest price hitting 11.16 during the day.
If you're considering investing in Mississippi Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Mississippi Mutual Fund to be very steady. Mississippi Tax Free has Sharpe Ratio of 0.0462, which conveys that the entity had a 0.0462% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Mississippi Tax-free, which you can use to evaluate the volatility of the fund. Please verify Mississippi Tax-free's Mean Deviation of 0.1229, downside deviation of 0.435, and Risk Adjusted Performance of 0.0237 to check out if the risk estimate we provide is consistent with the expected return of 0.0101%.
Mississippi Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Mississippi |
Sharpe Ratio = 0.0462
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| Negative Returns | DUMSX |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Mississippi Tax-free is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mississippi Tax-free by adding it to a well-diversified portfolio.
Mississippi Tax-free Valuation on November 4, 2024
It is possible to determine the worth of Mississippi Tax-free on a given historical date. On November 4, 2024 Mississippi was worth 11.03 at the beginning of the trading date compared to the closed value of 11.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mississippi Tax-free mutual fund. Still, in general, we apply an absolute valuation method to find Mississippi Tax-free's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Mississippi Tax-free where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mississippi Tax-free's related companies.
| Open | High | Low | Close | Volume | |
| 11.01 | 11.01 | 11.01 | 11.01 | 1.00 | |
11/04/2024 | 11.03 | 11.03 | 11.03 | 11.03 | 1.00 |
| 11.03 | 11.03 | 11.03 | 11.03 | 1.00 |
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Mississippi Tax-free Trading Date Momentum on November 4, 2024
| On November 05 2024 Mississippi Tax Free Income was traded for 11.03 at the closing time. The highest daily price throughout the period was 11.03 and the lowest price was 11.03 . There was no trading activity during the period 1.0. Lack of trading volume on 11/05/2024 did not cause price change. The trading delta at closing time to current closing price is 0.27% . |
Mississippi Tax Free Fundamentals Correlations and Trends
By evaluating Mississippi Tax-free's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mississippi Tax-free's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mississippi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mississippi Tax-free Mutual Fund history
Mississippi Tax-free investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mississippi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mississippi Tax Free will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mississippi Tax-free stock prices may prove useful in developing a viable investing in Mississippi Tax-free
The fund seeks to provide a steady flow of tax-exempt income derived from Mississippi municipal securities of investment grade quality with a weighted average nominal maturity normally 10 years or greater. It is non-diversified.
Mississippi Tax-free Mutual Fund Technical Analysis
Mississippi Tax-free 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, fund market cycles, or different charting patterns.
Price Boundaries
Mississippi Tax-free Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Mississippi Tax Free Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Mississippi Tax-free December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Mississippi Tax-free mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mississippi Tax-free shares will generate the highest return on investment. By undertsting and applying Mississippi Tax-free mutual fund market strength indicators, traders can identify Mississippi Tax Free Income entry and exit signals to maximize returns
Mississippi Tax-free Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mississippi Tax-free's price direction in advance. Along with the technical and fundamental analysis of Mississippi Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mississippi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0237 | |||
| Jensen Alpha | 0.0107 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | (0.06) |
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| Volume Indicators |
Other Information on Investing in Mississippi Mutual Fund
Mississippi Tax-free financial ratios help investors to determine whether Mississippi 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 Mississippi with respect to the benefits of owning Mississippi Tax-free security.
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