Intermediate Taxamt Free Fund Market Value

WFITX Fund  USD 10.85  0.01  0.09%   
Intermediate Taxamt-free's market value is the price at which a share of Intermediate Taxamt-free trades on a public exchange. It measures the collective expectations of Intermediate Taxamt Free Fund investors about its performance. Intermediate Taxamt-free is trading at 10.85 as of the 16th of March 2025; that is 0.09 percent down since the beginning of the trading day. The fund's open price was 10.86.
With this module, you can estimate the performance of a buy and hold strategy of Intermediate Taxamt Free Fund and determine expected loss or profit from investing in Intermediate Taxamt-free over a given investment horizon. Check out Intermediate Taxamt-free Correlation, Intermediate Taxamt-free Volatility and Intermediate Taxamt-free Alpha and Beta module to complement your research on Intermediate Taxamt-free.
Symbol

Please note, there is a significant difference between Intermediate Taxamt-free's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intermediate Taxamt-free is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intermediate Taxamt-free's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Intermediate Taxamt-free 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Intermediate Taxamt-free's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Intermediate Taxamt-free.
0.00
12/16/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/16/2025
0.00
If you would invest  0.00  in Intermediate Taxamt-free on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Intermediate Taxamt Free Fund or generate 0.0% return on investment in Intermediate Taxamt-free over 90 days. Intermediate Taxamt-free is related to or competes with T Rowe, and Doubleline Emerging. The fund invests at least 80 percent of the funds net assets in municipal securities whose interest is exempt from feder... More

Intermediate Taxamt-free Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Intermediate Taxamt-free's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Intermediate Taxamt Free Fund upside and downside potential and time the market with a certain degree of confidence.

Intermediate Taxamt-free Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Intermediate Taxamt-free's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intermediate Taxamt-free's standard deviation. In reality, there are many statistical measures that can use Intermediate Taxamt-free historical prices to predict the future Intermediate Taxamt-free's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intermediate Taxamt-free's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
10.6710.8511.03
Details
Intrinsic
Valuation
LowRealHigh
10.6710.8511.03
Details
Naive
Forecast
LowNextHigh
10.6310.8111.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.7510.8510.96
Details

Intermediate Taxamt-free Backtested Returns

At this stage we consider Intermediate Mutual Fund to be very steady. Intermediate Taxamt-free holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Intermediate Taxamt-free, which you can use to evaluate the volatility of the entity. Please check out Intermediate Taxamt-free's Market Risk Adjusted Performance of (0.59), risk adjusted performance of (0.09), and Standard Deviation of 0.1834 to validate if the risk estimate we provide is consistent with the expected return of 2.0E-4%. The fund retains a Market Volatility (i.e., Beta) of 0.0351, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Intermediate Taxamt-free's returns are expected to increase less than the market. However, during the bear market, the loss of holding Intermediate Taxamt-free is expected to be smaller as well.

Auto-correlation

    
  -0.38  

Poor reverse predictability

Intermediate Taxamt Free Fund has poor reverse predictability. Overlapping area represents the amount of predictability between Intermediate Taxamt-free time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Intermediate Taxamt-free price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Intermediate Taxamt-free price fluctuation can be explain by its past prices.
Correlation Coefficient-0.38
Spearman Rank Test0.08
Residual Average0.0
Price Variance0.0

Intermediate Taxamt-free lagged returns against current returns

Autocorrelation, which is Intermediate Taxamt-free mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Intermediate Taxamt-free's mutual fund expected returns. We can calculate the autocorrelation of Intermediate Taxamt-free returns to help us make a trade decision. For example, suppose you find that Intermediate Taxamt-free has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Intermediate Taxamt-free regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Intermediate Taxamt-free mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intermediate Taxamt-free mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intermediate Taxamt-free mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Intermediate Taxamt-free Lagged Returns

When evaluating Intermediate Taxamt-free's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intermediate Taxamt-free mutual fund have on its future price. Intermediate Taxamt-free autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Intermediate Taxamt-free autocorrelation shows the relationship between Intermediate Taxamt-free mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Intermediate Taxamt Free Fund.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Intermediate Mutual Fund

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