Municipal Bond Fund Price on September 23, 2024
TMUUX Fund | USD 8.49 0.18 0.00% |
If you're considering investing in Municipal Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Municipal Bond stands at 8.53, as last reported on the 30th of December, with the highest price reaching 8.53 and the lowest price hitting 8.53 during the day. Municipal Bond has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11% return per unit of risk over the last 3 months. Municipal Bond exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Municipal Bond's Standard Deviation of 0.2657, risk adjusted performance of (0.11), and Mean Deviation of 0.1742 to check out the risk estimate we provide.
Municipal Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Municipal |
Sharpe Ratio = -0.1097
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Estimated Market Risk
0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Municipal 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 Municipal Bond by adding Municipal Bond to a well-diversified portfolio.
Municipal Bond Valuation on September 23, 2024
It is possible to determine the worth of Municipal Bond on a given historical date. On September 23, 2024 Municipal was worth 8.64 at the beginning of the trading date compared to the closed value of 8.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Municipal Bond mutual fund. Still, in general, we apply an absolute valuation method to find Municipal 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 Municipal Bond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Municipal Bond's related companies.
Open | High | Low | Close | Volume | |
8.64 | 8.64 | 8.64 | 8.64 | 1.00 | |
09/23/2024 | 8.64 | 8.64 | 8.64 | 8.64 | 1.00 |
8.64 | 8.64 | 8.64 | 8.64 | 1.00 |
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Municipal Bond Trading Date Momentum on September 23, 2024
On September 24 2024 Municipal Bond Fund was traded for 8.64 at the closing time. The highest daily price throughout the period was 8.64 and the lowest price was 8.64 . There was no trading activity during the period 1.0. Lack of trading volume on 09/24/2024 did not cause price change. The trading delta at closing time to current closing price is 0.58% . |
Municipal Bond Fundamentals Correlations and Trends
By evaluating Municipal 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 Municipal Bond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Municipal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Municipal Bond Mutual Fund history
Municipal 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 Municipal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Municipal 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 Municipal Bond stock prices may prove useful in developing a viable investing in Municipal Bond
The fund will invest, under normal market conditions, at least 80 percent of its net assets in tax exempt general obligation, revenue and private activity bonds and notes, which are issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies and instrumentalities . Morgan Stanley is traded on NASDAQ Exchange in the United States.
Municipal Bond Mutual Fund Technical Analysis
Municipal 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
Municipal Bond Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Municipal 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.
Municipal Bond December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Municipal 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 Municipal Bond shares will generate the highest return on investment. By undertsting and applying Municipal Bond mutual fund market strength indicators, traders can identify Municipal Bond Fund entry and exit signals to maximize returns
Municipal Bond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Municipal Bond's price direction in advance. Along with the technical and fundamental analysis of Municipal Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Municipal 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 | (0.11) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | 1.79 |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Municipal Mutual Fund
Municipal Bond financial ratios help investors to determine whether Municipal 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 Municipal with respect to the benefits of owning Municipal Bond security.
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