Tax-free Conservative Five Year Return vs. Bond Positions Weight
| TFCAX Fund | USD 10.01 0.01 0.10% |
For Tax-free Conservative profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tax-free Conservative to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tax Free Conservative Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tax-free Conservative's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tax Free Conservative Income over time as well as its relative position and ranking within its peers.
Tax-free |
Tax Free Conservative Bond Positions Weight vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tax-free Conservative's current stock value. Our valuation model uses many indicators to compare Tax-free Conservative value to that of its competitors to determine the firm's financial worth. Tax Free Conservative Income is rated top fund in five year return among similar funds. It also is rated top fund in bond positions weight among similar funds creating about 46.00 of Bond Positions Weight 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 Tax-free Conservative's earnings, one of the primary drivers of an investment's value.Tax-free Bond Positions Weight 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.
Tax-free Conservative |
| = | 1.47 % |
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.
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Tax-free Conservative |
| = | 67.84 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Tax-free Bond Positions Weight Comparison
Tax Free is currently under evaluation in bond positions weight among similar funds.
Tax-free Conservative Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tax-free Conservative, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tax-free Conservative will eventually generate negative long term returns. The profitability progress is the general direction of Tax-free Conservative's change in net profit over the period of time. It can combine multiple indicators of Tax-free Conservative, 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.
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.
Tax-free Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tax-free Conservative. 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 Tax-free Conservative 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 Tax-free Conservative's important profitability drivers and their relationship over time.
Use Tax-free Conservative 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 Tax-free Conservative 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 Tax-free Conservative will appreciate offsetting losses from the drop in the long position's value.Tax-free Conservative Pair Trading
Tax Free Conservative Income Pair Trading Analysis
The ability to find closely correlated positions to Tax-free Conservative could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tax-free Conservative 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 Tax-free Conservative - 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 Tax Free Conservative Income to buy it.
The correlation of Tax-free Conservative 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 Tax-free Conservative moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tax Free Conservative 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 Tax-free Conservative 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 Tax-free Conservative position
In addition to having Tax-free Conservative 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 Construction Thematic Idea Now
Construction
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 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 Construction Theme or any other thematic opportunities.
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Other Information on Investing in Tax-free Mutual Fund
To fully project Tax-free Conservative's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tax Free Conservative 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 Tax-free Conservative's income statement, its balance sheet, and the statement of cash flows.
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