Maryland Short Term Tax Free Fund Price on October 22, 2024
| PRMDX Fund | USD 5.14 0.01 0.19% |
Below is the normalized historical share price chart for Maryland Short Term Tax Free extending back to May 17, 1993. 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 Maryland Short-term stands at 5.14, as last reported on the 30th of November, with the highest price reaching 5.14 and the lowest price hitting 5.14 during the day.
If you're considering investing in Maryland Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Maryland Mutual Fund to be very steady. Maryland Short Term has Sharpe Ratio of 0.0595, which conveys that the entity had a 0.0595% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Maryland Short-term, which you can use to evaluate the volatility of the fund. Please verify Maryland Short-term's Mean Deviation of 0.0565, risk adjusted performance of 0.0022, and Coefficient Of Variation of 1177.54 to check out if the risk estimate we provide is consistent with the expected return of 0.0062%.
Maryland Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Maryland |
Sharpe Ratio = 0.0595
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Based on monthly moving average Maryland Short-term is performing at about 4% 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 Maryland Short-term by adding it to a well-diversified portfolio.
Maryland Short-term Valuation on October 22, 2024
It is possible to determine the worth of Maryland Short-term on a given historical date. On October 22, 2024 Maryland was worth 5.12 at the beginning of the trading date compared to the closed value of 5.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maryland Short-term mutual fund. Still, in general, we apply an absolute valuation method to find Maryland Short-term'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 Maryland Short-term where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maryland Short-term's related companies.
| Open | High | Low | Close | Volume | |
| 5.13 | 5.13 | 5.13 | 5.13 | 1.00 | |
10/22/2024 | 5.12 | 5.12 | 5.12 | 5.12 | 1.00 |
| 5.11 | 5.11 | 5.11 | 5.11 | 1.00 |
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Maryland Short-term Trading Date Momentum on October 22, 2024
| On October 23 2024 Maryland Short Term Tax Free was traded for 5.11 at the closing time. The highest daily price throughout the period was 5.11 and the lowest price was 5.11 . There was no trading activity during the period 1.0. Lack of trading volume on 10/23/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.20% . The trading delta at closing time to current closing price is 0.00% . |
Maryland Short Term Fundamentals Correlations and Trends
By evaluating Maryland Short-term'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 Maryland Short-term's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Maryland financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Maryland Short-term Mutual Fund history
Maryland Short-term 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 Maryland is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maryland Short Term 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 Maryland Short-term stock prices may prove useful in developing a viable investing in Maryland Short-term
The fund invests so that, under normal market conditions, at least 80 percent of its net assets are invested in bonds that pay interest exempt from federal and Maryland state and local income taxes, and at least 80 percent of the funds income is expected to be exempt from federal and Maryland state and local income taxes. It is non-diversified.
Maryland Short-term Mutual Fund Technical Analysis
Maryland Short-term 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
Maryland Short-term Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Maryland Short Term Tax Free 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.
Maryland Short-term November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Maryland Short-term 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 Maryland Short-term shares will generate the highest return on investment. By undertsting and applying Maryland Short-term mutual fund market strength indicators, traders can identify Maryland Short Term Tax Free entry and exit signals to maximize returns
Maryland Short-term Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Maryland Short-term's price direction in advance. Along with the technical and fundamental analysis of Maryland Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maryland 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 | 0.0022 | |||
| Jensen Alpha | 0.0027 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.49) | |||
| Treynor Ratio | 0.036 |
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Other Information on Investing in Maryland Mutual Fund
Maryland Short-term financial ratios help investors to determine whether Maryland 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 Maryland with respect to the benefits of owning Maryland Short-term security.
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