Tax Exempt Bond Fund Price on December 23, 2024
| RTEAX Fund | USD 21.79 0.01 0.05% |
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 stands at 21.79, as last reported on the 26th of December, with the highest price reaching 21.79 and the lowest price hitting 21.79 during the day.
If you're considering investing in Tax 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 -0.14, which indicates the fund had a -0.14% return per unit of risk over the last 3 months. Tax Exempt Bond Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tax Exempt's Variance of 0.0469, coefficient of variation of (754.96), and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide.
Tax Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tax |
Sharpe Ratio = -0.139
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| Negative Returns | RTEAX |
Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tax Exempt 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 by adding Tax Exempt to a well-diversified portfolio.
Tax Exempt Valuation on December 23, 2024
It is possible to determine the worth of Tax Exempt on a given historical date. On December 23, 2024 Tax was worth 21.8 at the beginning of the trading date compared to the closed value of 21.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tax Exempt mutual fund. Still, in general, we apply an absolute valuation method to find Tax Exempt'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tax Exempt's related companies.
| Open | High | Low | Close | Volume | |
| 21.79 | 21.79 | 21.79 | 21.79 | 1.00 | |
12/23/2024 | 21.80 | 21.80 | 21.80 | 21.80 | 1.00 |
| 21.79 | 21.79 | 21.79 | 21.79 | 1.00 |
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Tax Exempt Trading Date Momentum on December 23, 2024
| On December 24 2024 Tax Exempt Bond Fund was traded for 21.79 at the closing time. The highest daily price throughout the period was 21.79 and the lowest price was 21.79 . There was no trading activity during the period 1.0. Lack of trading volume on 12/24/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.05% . The trading price change to current closing price is 0.05% . |
Tax Exempt Bond Fundamentals Correlations and Trends
By evaluating Tax Exempt'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's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tax Exempt Mutual Fund history
Tax Exempt 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 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 stock prices may prove useful in developing a viable investing in Tax Exempt
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 Mutual Fund Technical Analysis
Tax Exempt 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 Period Price Range
Low | December 26, 2024
| 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 December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Tax Exempt 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 shares will generate the highest return on investment. By undertsting and applying Tax Exempt mutual fund market strength indicators, traders can identify Tax Exempt Bond Fund entry and exit signals to maximize returns
Tax Exempt Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tax Exempt's price direction in advance. Along with the technical and fundamental analysis of Tax Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tax 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 | (0.05) | |||
| Treynor Ratio | (3.52) |
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Other Information on Investing in Tax Mutual Fund
Tax Exempt financial ratios help investors to determine whether Tax 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 with respect to the benefits of owning Tax Exempt security.
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