The Kansas Tax Free Fund Market Value

KTXIX Fund  USD 18.02  0.02  0.11%   
The Kansas' market value is the price at which a share of The Kansas trades on a public exchange. It measures the collective expectations of The Kansas Tax Free investors about its performance. The Kansas is trading at 18.02 as of the 22nd of July 2025; that is 0.11 percent up since the beginning of the trading day. The fund's open price was 18.0.
With this module, you can estimate the performance of a buy and hold strategy of The Kansas Tax Free and determine expected loss or profit from investing in The Kansas over a given investment horizon. Check out The Kansas Correlation, The Kansas Volatility and The Kansas Alpha and Beta module to complement your research on The Kansas.
Symbol

Please note, there is a significant difference between The Kansas' value and its price as these two are different measures arrived at by different means. Investors typically determine if The Kansas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, The Kansas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

The Kansas 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to The Kansas' mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of The Kansas.
0.00
04/23/2025
No Change 0.00  0.0 
In 3 months and 1 day
07/22/2025
0.00
If you would invest  0.00  in The Kansas on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding The Kansas Tax Free or generate 0.0% return on investment in The Kansas over 90 days. The Kansas is related to or competes with Bond Fund, Franklin Missouri, The National, and Eaton Vance. The fund normally invests at least 80 percent of its net assets plus any borrowings for investment purposes in Kansas mu... More

The Kansas Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure The Kansas' mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Kansas Tax Free upside and downside potential and time the market with a certain degree of confidence.

The Kansas Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for The Kansas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as The Kansas' standard deviation. In reality, there are many statistical measures that can use The Kansas historical prices to predict the future The Kansas' volatility.
Hype
Prediction
LowEstimatedHigh
17.9018.0218.14
Details
Intrinsic
Valuation
LowRealHigh
16.4516.5719.82
Details
Naive
Forecast
LowNextHigh
17.8417.9618.09
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.9618.0618.15
Details

Kansas Tax Backtested Returns

At this stage we consider The Mutual Fund to be very steady. Kansas Tax owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the fund had a 0.21 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for The Kansas Tax Free, which you can use to evaluate the volatility of the fund. Please validate The Kansas' Risk Adjusted Performance of 0.0892, downside deviation of 0.1652, and Standard Deviation of 0.1427 to confirm if the risk estimate we provide is consistent with the expected return of 0.0253%. The entity has a beta of 0.0328, which indicates not very significant fluctuations relative to the market. As returns on the market increase, the Kansas' returns are expected to increase less than the market. However, during the bear market, the loss of holding the Kansas is expected to be smaller as well.

Auto-correlation

    
  0.41  

Average predictability

The Kansas Tax Free has average predictability. Overlapping area represents the amount of predictability between The Kansas time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kansas Tax price movement. The serial correlation of 0.41 indicates that just about 41.0% of current The Kansas price fluctuation can be explain by its past prices.
Correlation Coefficient0.41
Spearman Rank Test0.38
Residual Average0.0
Price Variance0.0

Kansas Tax lagged returns against current returns

Autocorrelation, which is The Kansas mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting The Kansas' mutual fund expected returns. We can calculate the autocorrelation of The Kansas returns to help us make a trade decision. For example, suppose you find that The Kansas has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

The Kansas regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If The Kansas mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if The Kansas mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in The Kansas mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

The Kansas Lagged Returns

When evaluating The Kansas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of The Kansas mutual fund have on its future price. The Kansas autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, The Kansas autocorrelation shows the relationship between The Kansas mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Kansas Tax Free.
   Regressed Prices   
       Timeline  

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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.

Other Information on Investing in The Mutual Fund

The Kansas financial ratios help investors to determine whether The 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 The with respect to the benefits of owning The Kansas security.
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