Tax Exempt Bond Fund Price on January 3, 2025
| RTEAX Fund | USD 21.86 0.02 0.09% |
Below is the normalized historical share price chart for Tax Exempt Bond Fund extending back to June 01, 2010. 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 Tax-exempt Bond stands at 21.86, as last reported on the 8th of January, with the highest price reaching 21.86 and the lowest price hitting 21.86 during the day.
If you're considering investing in Tax-exempt Mutual Fund, it is important to understand the factors that can impact its price. Tax Exempt Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0994, which indicates the fund had a -0.0994% return per unit of risk over the last 3 months. Tax Exempt Bond Fund exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tax-exempt Bond's Risk Adjusted Performance of (0.13), variance of 0.0469, and Coefficient Of Variation of (795.84) to confirm the risk estimate we provide.
Tax-exempt Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tax-exempt |
Sharpe Ratio = -0.0994
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| Negative Returns | RTEAX |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tax-exempt Bond is not performing at its full potential. However, 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 Tax-exempt Bond by adding Tax-exempt Bond to a well-diversified portfolio.
Tax-exempt Bond Valuation on January 3, 2025
It is possible to determine the worth of Tax-exempt Bond on a given historical date. On January 3, 2025 Tax-exempt was worth 21.88 at the beginning of the trading date compared to the closed value of 21.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tax-exempt Bond mutual fund. Still, in general, we apply an absolute valuation method to find Tax-exempt Bond'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 Tax-exempt Bond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tax-exempt Bond's related companies.
| Open | High | Low | Close | Volume | |
| 21.86 | 21.86 | 21.86 | 21.86 | 1.00 | |
01/03/2025 | 21.88 | 21.88 | 21.88 | 21.88 | 1.00 |
| 21.88 | 21.88 | 21.88 | 21.88 | 1.00 |
| Backtest Tax-exempt Bond | | | Tax-exempt Bond History | | | Tax-exempt Bond Valuation | Previous | Next |
Tax-exempt Bond Trading Date Momentum on January 3, 2025
| On January 06 2025 Tax Exempt Bond Fund was traded for 21.88 at the closing time. The highest daily price throughout the period was 21.88 and the lowest price was 21.88 . There was no trading activity during the period 1.0. Lack of trading volume on 01/06/2025 did not result in any price rise and fall. The trading price change to current closing price is 0.09% . |
Tax Exempt Bond Fundamentals Correlations and Trends
By evaluating Tax-exempt Bond'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 Tax-exempt Bond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tax-exempt financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tax-exempt Bond Mutual Fund history
Tax-exempt Bond 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 Tax-exempt is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tax Exempt Bond 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 Tax-exempt Bond stock prices may prove useful in developing a viable investing in Tax-exempt Bond
The fund has a fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net assets plus borrowings for investment purposes in investments the income from which is exempt from federal income tax. The fund may invest up to 20 percent of the value of its net assets plus borrowings for investment purposes in municipal debt securities the income on which is subject to federal income tax.
Tax-exempt Bond Mutual Fund Technical Analysis
Tax-exempt Bond 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
Tax-exempt Bond Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Tax Exempt Bond Fund 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.
Tax-exempt Bond January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Tax-exempt Bond 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 Tax-exempt Bond shares will generate the highest return on investment. By undertsting and applying Tax-exempt Bond mutual fund market strength indicators, traders can identify Tax Exempt Bond Fund entry and exit signals to maximize returns
Tax-exempt Bond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tax-exempt Bond's price direction in advance. Along with the technical and fundamental analysis of Tax-exempt Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tax-exempt 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 | (0.13) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (1.33) |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Tax-exempt Mutual Fund
Tax-exempt Bond financial ratios help investors to determine whether Tax-exempt 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 Tax-exempt with respect to the benefits of owning Tax-exempt Bond security.
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