Wilmington Municipal Bond Fund Manager Performance Evaluation
| WTAIX Fund | USD 12.08 0.04 0.33% |
The entity maintains a market beta of 0.0653, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wilmington Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wilmington Municipal is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Wilmington Municipal Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Wilmington Municipal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 31st of August 2022 | |
| Expense Ratio | 0.4900 |
Wilmington |
Wilmington Municipal Relative Risk vs. Return Landscape
If you would invest 1,230 in Wilmington Municipal Bond on March 5, 2024 and sell it today you would lose (22.00) from holding Wilmington Municipal Bond or give up 1.79% of portfolio value over 90 days. Wilmington Municipal Bond is currently producing negative expected returns and takes up 0.1275% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Wilmington, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Wilmington Municipal Current Valuation
Fairly Valued
Today
Please note that Wilmington Municipal's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Wilmington Municipal Bond maintains a prevalent Real Value of $12.11 per share. The last-minute price of the fund is $12.08. We determine the value of Wilmington Municipal Bond from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Our valuation method for Wilmington Municipal Bond is useful when determining the fair value of the Wilmington mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Wilmington Municipal. Since Wilmington Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Wilmington Mutual Fund. However, Wilmington Municipal's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.08 | Real 12.11 | Hype 12.08 |
The real value of Wilmington Mutual Fund, also known as its intrinsic value, is the underlying worth of Wilmington Municipal Bond Mutual Fund, which is reflected in its stock price. It is based on Wilmington Municipal's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Wilmington Municipal's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Wilmington Municipal's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Wilmington Municipal Bond helps investors to forecast how Wilmington mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Wilmington Municipal more accurately as focusing exclusively on Wilmington Municipal's fundamentals will not take into account other important factors: Wilmington Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wilmington Municipal's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Wilmington Municipal Bond, and traders can use it to determine the average amount a Wilmington Municipal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.224
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| Negative Returns | WTAIX |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wilmington Municipal is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wilmington Municipal by adding Wilmington Municipal to a well-diversified portfolio.
Wilmington Municipal Fundamentals Growth
Wilmington Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Wilmington Municipal, and Wilmington Municipal fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Wilmington Mutual Fund performance.
| Total Asset | 316.74 M | ||||
About Wilmington Municipal Performance
To evaluate Wilmington Municipal Bond Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Wilmington Municipal generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Wilmington Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Wilmington Municipal Bond market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Wilmington's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Under normal circumstances, the fund invests at least 80 percent of the value of its net assets in municipal securities that provide interest exempt from federal income tax. It may invest up to 20 percent of its assets in other types of fixed income securities that provide income that is subject to federal income tax. The fund seeks to maintain a weighted average maturity of three to ten years.Things to note about Wilmington Municipal Bond performance evaluation
Checking the ongoing alerts about Wilmington Municipal for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Wilmington Municipal Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wilmington Municipal generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Wilmington Municipal Bond keeps about 98.54% of its net assets in bonds |
- Analyzing Wilmington Municipal's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Wilmington Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Wilmington Municipal's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Wilmington Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wilmington Municipal's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Wilmington Municipal's mutual fund. These opinions can provide insight into Wilmington Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wilmington Municipal Bond. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.