Viking Tax Free Fund Price on October 25, 2024

VNDIX Fund  USD 9.03  0.01  0.11%   
Below is the normalized historical share price chart for Viking Tax Free Fund extending back to August 01, 2016. 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 Viking Tax-free stands at 9.03, as last reported on the 5th of December, with the highest price reaching 9.03 and the lowest price hitting 9.03 during the day.
 
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If you're considering investing in Viking Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Viking Mutual Fund to be very steady. Viking Tax Free owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0203, which indicates the fund had a 0.0203% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Viking Tax Free Fund, which you can use to evaluate the volatility of the fund. Please validate Viking Tax-free's Semi Deviation of 0.2301, coefficient of variation of 2616.82, and Risk Adjusted Performance of 0.0113 to confirm if the risk estimate we provide is consistent with the expected return of 0.0057%.
  
Viking Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0203

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Estimated Market Risk

 0.28
  actual daily
2
98% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Viking Tax-free is performing at about 1% 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 Viking Tax-free by adding it to a well-diversified portfolio.

Viking Tax-free Valuation on October 25, 2024

It is possible to determine the worth of Viking Tax-free on a given historical date. On October 25, 2024 Viking was worth 8.85 at the beginning of the trading date compared to the closed value of 8.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Viking Tax-free mutual fund. Still, in general, we apply an absolute valuation method to find Viking Tax-free'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 Viking Tax-free where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Viking Tax-free's related companies.
 Open High Low Close Volume
  8.82    8.82    8.82    8.82    1.00  
10/25/2024
  8.85    8.85    8.85    8.85    1.00  
  8.86    8.86    8.86    8.86    1.00  
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Open Value
8.85
8.85
Closing Value
9.69
Upside

Viking Tax-free Trading Date Momentum on October 25, 2024

On October 28 2024 Viking Tax Free Fund was traded for  8.86  at the closing time. The highest daily price throughout the period was 8.86  and the lowest price was  8.86 . There was no trading activity during the period 1.0. Lack of trading volume on 10/28/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.11% . The trading price change to current closing price is 0.45% .

Viking Tax Free Fundamentals Correlations and Trends

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

About Viking Tax-free Mutual Fund history

Viking Tax-free 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 Viking is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Viking Tax Free 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 Viking Tax-free stock prices may prove useful in developing a viable investing in Viking Tax-free
To pursue its objective, the fund normally invests at least 80 percent of its net assets in municipal securities that pay interest free from federal income taxes, including the federal alternative minimum tax, and North Dakota personal income taxes. It is non-diversified.

Viking Tax-free Mutual Fund Technical Analysis

Viking Tax-free 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 Viking Tax-free technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Viking Tax-free 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

Viking Tax-free Period Price Range

Low
December 5, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Viking Tax Free 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.

Viking Tax-free December 5, 2024 Market Strength

Market strength indicators help investors to evaluate how Viking Tax-free 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 Viking Tax-free shares will generate the highest return on investment. By undertsting and applying Viking Tax-free mutual fund market strength indicators, traders can identify Viking Tax Free Fund entry and exit signals to maximize returns

Viking Tax-free Technical and Predictive Indicators

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

Viking Tax-free financial ratios help investors to determine whether Viking 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 Viking with respect to the benefits of owning Viking Tax-free security.
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