National Tax Last Dividend Paid vs. Net Asset

CFNLX Fund  USD 18.84  0.01  0.05%   
Based on the key profitability measurements obtained from National Tax's financial statements, The National Tax Free may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess National Tax's ability to earn profits and add value for shareholders.
For National Tax profitability analysis, we use financial ratios and fundamental drivers that measure the ability of National Tax to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The National Tax Free utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between National Tax's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The National Tax Free over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between National Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Tax'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.

National Tax Net Asset vs. Last Dividend Paid Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining National Tax's current stock value. Our valuation model uses many indicators to compare National Tax value to that of its competitors to determine the firm's financial worth.
The National Tax Free is the top fund in last dividend paid among similar funds. It also is the top fund in net asset among similar funds making up about  12,599,666,667  of Net Asset per Last Dividend Paid. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the National Tax's earnings, one of the primary drivers of an investment's value.

National Net Asset vs. Last Dividend Paid

Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.

National Tax

Last Dividend

 = 

Last Profit Distribution Amount

Total Shares

 = 
0.03
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

National Tax

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
377.99 M
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

National Net Asset Comparison

National Tax is currently under evaluation in net asset among similar funds.

National Tax Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in National Tax, profitability is also one of the essential criteria for including it into their portfolios because, without profit, National Tax will eventually generate negative long term returns. The profitability progress is the general direction of National Tax's change in net profit over the period of time. It can combine multiple indicators of National Tax, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund normally invests at least 80 percent of its net assets plus any borrowings for investment purposes, in municipal bonds issued by or on behalf of the states, territories and possessions of the United States, the District of Columbia and their respective authorities, agencies, instrumentalities and political subdivisions, the income from which, in the opinion of bond counsel, is exempt from regular federal income and federal alternative minimum taxes. It may invest up to 10 percent of its total assets in such unrated securities.

National Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on National Tax. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of National Tax position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the National Tax's important profitability drivers and their relationship over time.

Use National Tax in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if National Tax position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in National Tax will appreciate offsetting losses from the drop in the long position's value.

National Tax Pair Trading

The National Tax Free Pair Trading Analysis

The ability to find closely correlated positions to National Tax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Tax when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back National Tax - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The National Tax Free to buy it.
The correlation of National Tax is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as National Tax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Tax moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for National Tax can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your National Tax position

In addition to having National Tax in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Wireless Thematic Idea Now

Wireless
Wireless Theme
Companies providing wireless technology and communication services. The Wireless theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wireless Theme or any other thematic opportunities.
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Other Information on Investing in National Mutual Fund

To fully project National Tax's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of National Tax at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include National Tax's income statement, its balance sheet, and the statement of cash flows.
Potential National Tax investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although National Tax investors may work on each financial statement separately, they are all related. The changes in National Tax's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on National Tax's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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