Kansas Tax Five Year Return vs. Year To Date Return
| KTXIX Fund | USD 18.21 0.03 0.17% |
For Kansas Tax profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kansas Tax to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The Kansas Tax Free utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kansas Tax's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The Kansas Tax Free over time as well as its relative position and ranking within its peers.
Kansas |
Kansas Tax Year To Date Return vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kansas Tax's current stock value. Our valuation model uses many indicators to compare Kansas Tax value to that of its competitors to determine the firm's financial worth. The Kansas Tax Free is rated third overall fund in five year return among similar funds. It is rated second overall fund in year to date return among similar funds creating about 1.06 of Year To Date Return per Five Year Return. 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 Kansas Tax's earnings, one of the primary drivers of an investment's value.Kansas Year To Date Return vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Kansas Tax |
| = | 0.25 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Kansas Tax |
| = | 0.26 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Kansas Year To Date Return Comparison
Kansas Tax is currently under evaluation in year to date return among similar funds.
Kansas Tax Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kansas Tax, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kansas Tax will eventually generate negative long term returns. The profitability progress is the general direction of Kansas Tax's change in net profit over the period of time. It can combine multiple indicators of Kansas 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 Kansas municipal bonds, the income from which, in the opinion of bond counsel, is exempt from regular federal income taxes, federal alternative minimum taxes and Kansas taxes. It may invest up to 10 percent of its total assets in such unrated securities.
Kansas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kansas 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 Kansas 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 Kansas Tax's important profitability drivers and their relationship over time.
Use Kansas 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 Kansas 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 Kansas Tax will appreciate offsetting losses from the drop in the long position's value.Kansas Tax Pair Trading
The Kansas Tax Free Pair Trading Analysis
The ability to find closely correlated positions to Kansas 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 Kansas 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 Kansas 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 Kansas Tax Free to buy it.
The correlation of Kansas 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 Kansas Tax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kansas 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 Kansas 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.Use Investing Themes to Complement your Kansas Tax position
In addition to having Kansas 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 Farming Thematic Idea Now
Farming
Companies producing farming products and providing services for farmers. The Farming theme has 37 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 Farming Theme or any other thematic opportunities.
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Other Information on Investing in Kansas Mutual Fund
To fully project Kansas Tax's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kansas 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 Kansas Tax's income statement, its balance sheet, and the statement of cash flows.
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