National Tax Financials
| CFNLX Fund | USD 18.48 0.04 0.22% |
National |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
National Tax Fund Summary
National Tax competes with Missouri Tax, Bond Fund, High Yield, Fidelity Intermediate, and Sit Tax. 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.Specialization | Muni National Interm, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US2006267031 |
| Business Address | Commerce Funds |
| Mutual Fund Family | Commerce |
| Mutual Fund Category | Muni National Interm |
| Benchmark | NYSE Composite |
| Phone | 800 995 6365 |
| Currency | USD - US Dollar |
National Tax Key Financial Ratios
National Tax's financial ratios allow both analysts and investors to convert raw data from National Tax's financial statements into concise, actionable information that can be used to evaluate the performance of National Tax over time and compare it to other companies across industries.National Financial Ratios Relationships
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. You can analyze the relationship between different fundamental ratios across National Tax competition to find correlations between indicators driving National Tax's intrinsic value. More Info.The National Tax Free is the top fund in price to earning among similar funds. It is second largest fund in price to book among similar funds fabricating about 0.95 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for The National Tax Free is roughly 1.05 . 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 Tax Systematic Risk
National Tax's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. National Tax volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on National Tax correlated with the market. If Beta is less than 0 National Tax generally moves in the opposite direction as compared to the market. If National Tax Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one National Tax is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of National Tax is generally in the same direction as the market. If Beta > 1 National Tax moves generally in the same direction as, but more than the movement of the benchmark.
National Tax Thematic Clasifications
The National Tax Free is part of several thematic ideas from Money Market Funds to Corporate Bonds Funds. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasThe National Tax Free is second largest fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni National Interm category is currently estimated at about 10.21 Billion. National Tax holds roughly 377.99 Million in net asset claiming about 4% of funds under Muni National Interm category.National Tax June 8, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of National Tax help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The National Tax Free. We use our internally-developed statistical techniques to arrive at the intrinsic value of The National Tax Free based on widely used predictive technical indicators. In general, we focus on analyzing National Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build National Tax's daily price indicators and compare them against related drivers.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 0.6997 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.2694 |
Other Information on Investing in National Mutual Fund
National Tax financial ratios help investors to determine whether National 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 National with respect to the benefits of owning National Tax security.
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