Tax Free Conservative Fund Manager Performance Evaluation
| TFCYX Fund | USD 10.02 0.00 0.00% |
The entity has a beta of 0.0074, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tax-free Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tax-free Conservative is expected to be smaller as well.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Tax Free Conservative are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Tax-free Conservative is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreTax-free |
Tax-free Conservative Relative Risk vs. Return Landscape
If you would invest 995.00 in Tax Free Conservative on December 24, 2024 and sell it today you would earn a total of 7.00 from holding Tax Free Conservative or generate 0.7% return on investment over 90 days. Tax Free Conservative is currently producing 0.0117% returns and takes up 0.0641% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Tax-free, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Tax-free Conservative Current Valuation
Fairly Valued
Today
Please note that Tax-free Conservative's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Tax Free Conservative has a current Real Value of $10.01 per share. The regular price of the fund is $10.02. We determine the value of Tax Free Conservative from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Tax-free Conservative is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tax-free Mutual Fund. However, Tax-free Conservative's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.02 | Real 10.01 | Hype 10.02 |
The intrinsic value of Tax-free Conservative's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Tax-free Conservative's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Tax Free Conservative helps investors to forecast how Tax-free mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Tax-free Conservative more accurately as focusing exclusively on Tax-free Conservative's fundamentals will not take into account other important factors: Tax-free Conservative Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tax-free Conservative's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Tax Free Conservative, and traders can use it to determine the average amount a Tax-free Conservative's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1825
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| TFCYX |
Based on monthly moving average Tax-free Conservative is performing at about 14% 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 Tax-free Conservative by adding it to a well-diversified portfolio.
Tax-free Conservative Fundamentals Growth
Tax-free Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Tax-free Conservative, and Tax-free Conservative fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tax-free Mutual Fund performance.
| Total Asset | 181.66 M | ||||
About Tax-free Conservative Performance
Evaluating Tax-free Conservative's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tax-free Conservative has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tax-free Conservative has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in U.S. dollar-denominated municipal securities that the funds sub-adviser believes present minimal credit risks to the fund and that pay interest that is exempt from federal income taxes and is not taxable under the federal alternative minimum tax applicable to individuals.Things to note about Tax Free Conservative performance evaluation
Checking the ongoing alerts about Tax-free Conservative for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Tax Free Conservative help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 14.38% of its assets in cash |
- Analyzing Tax-free Conservative's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Tax-free Conservative's stock is overvalued or undervalued compared to its peers.
- Examining Tax-free Conservative's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Tax-free Conservative's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tax-free Conservative's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Tax-free Conservative's mutual fund. These opinions can provide insight into Tax-free Conservative's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Tax-free Mutual Fund
Tax-free Conservative financial ratios help investors to determine whether Tax-free 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-free with respect to the benefits of owning Tax-free Conservative security.
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