State Farm Municipal Fund Price on October 16, 2024

SFBDX Fund  USD 7.96  0.11  0.49%   
If you're considering investing in State Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of State Farm stands at 8.14, as last reported on the 16th of December 2024, with the highest price reaching 8.14 and the lowest price hitting 8.14 during the day. State Farm Municipal owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0376, which indicates the fund had a -0.0376% return per unit of risk over the last 3 months. State Farm Municipal exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate State Farm's Variance of 0.0394, risk adjusted performance of (0.05), and Coefficient Of Variation of (2,657) to confirm the risk estimate we provide.
  
State Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0376

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Estimated Market Risk

 0.2
  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

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average State Farm 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 State Farm by adding State Farm to a well-diversified portfolio.

State Farm Valuation on October 16, 2024

It is possible to determine the worth of State Farm on a given historical date. On October 16, 2024 State was worth 8.16 at the beginning of the trading date compared to the closed value of 8.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of State Farm mutual fund. Still, in general, we apply an absolute valuation method to find State Farm'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 State Farm where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against State Farm's related companies.
 Open High Low Close Volume
  8.16    8.16    8.16    8.16    1.00  
10/16/2024
  8.16    8.16    8.16    8.16    1.00  
  8.16    8.16    8.16    8.16    1.00  
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Open Value
8.16
8.16
Closing Value
8.76
Upside

State Farm Trading Date Momentum on October 16, 2024

On October 17 2024 State Farm Municipal was traded for  8.16  at the closing time. The highest daily price throughout the period was 8.16  and the lowest price was  8.16 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.86% .

State Farm Municipal Fundamentals Correlations and Trends

By evaluating State Farm'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 State Farm's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. State financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About State Farm Mutual Fund history

State Farm 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 State is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in State Farm Municipal 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 State Farm stock prices may prove useful in developing a viable investing in State Farm

State Farm Mutual Fund Technical Analysis

State Farm 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.
A focus of State Farm technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of State Farm trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

State Farm Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

State Farm Municipal 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.

State Farm December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how State Farm 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 State Farm shares will generate the highest return on investment. By undertsting and applying State Farm mutual fund market strength indicators, traders can identify State Farm Municipal entry and exit signals to maximize returns

State Farm Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for State Farm's price direction in advance. Along with the technical and fundamental analysis of State Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of State 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.

Other Information on Investing in State Mutual Fund

State Farm financial ratios help investors to determine whether State 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 State with respect to the benefits of owning State Farm security.
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