Ultra Short-term Financial Statements From 2010 to 2024
| WUSMX Fund | USD 9.57 0.02 0.21% |
Check Ultra Short-term financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ULTRA main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . ULTRA financial statements analysis is a perfect complement when working with Ultra Short-term Valuation or Volatility modules.
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Ultra Short Term Municipal Mutual Fund Ten Year Return Analysis
Ultra Short-term's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
More About Ten Year Return | All Equity Analysis
Ten Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Ultra Short-term Ten Year Return | 0.79 % |
Most of Ultra Short-term's fundamental indicators, such as Ten Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ultra Short Term Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
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Based on the latest financial disclosure, Ultra Short Term Municipal has a Ten Year Return of 0.79%. This is much higher than that of the Allspring Global Investments family and significantly higher than that of the Muni National Short category. The ten year return for all United States funds is notably lower than that of the firm.
Ultra Short Term Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ultra Short-term's current stock value. Our valuation model uses many indicators to compare Ultra Short-term value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ultra Short-term competition to find correlations between indicators driving Ultra Short-term's intrinsic value. More Info.Ultra Short Term Municipal is presently regarded as number one fund in annual yield among similar funds. It is presently regarded as number one fund in year to date return among similar funds creating about 325.80 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ultra Short-term by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ultra Short-term's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Ultra Short-term's earnings, one of the primary drivers of an investment's value.About Ultra Short-term Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ultra Short-term income statement, its balance sheet, and the statement of cash flows. Ultra Short-term investors use historical funamental indicators, such as Ultra Short-term's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ultra Short-term investors may use each financial statement separately, they are all related. The changes in Ultra Short-term's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ultra Short-term'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. We offer a historical overview of the basic patterns found on Ultra Short-term Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ultra Short-term. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of the funds net assets in municipal securities whose interest is exempt from federal income tax, but not necessarily federal alternative minimum tax . It invests up to 20 percent of the funds total assets in securities whose interest is subject to federal AMT. While the fund may purchase securities of any maturity, under normal circumstances, the advisor expects the funds dollar-weighted average effective maturity to be 1 year or less.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ultra Short-term in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ultra Short-term's short interest history, or implied volatility extrapolated from Ultra Short-term options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out the analysis of Ultra Short-term Correlation against competitors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.