IShares California is trading at 58.00 as of the 30th of November 2024. This is a 0.19 percent increase since the beginning of the trading day. The etf's lowest day price was 57.95. IShares California has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for iShares California Muni are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The index includes municipal bonds issued in the State of California, the interest of which is exempt from Federal income taxes and not subject to AMT. California Muni is traded on NYSEARCA Exchange in the United States. More on iShares California Muni
iShares California Muni [CMF] is traded in USA and was established 2007-10-04. The fund is classified under Muni California Long category within iShares family. The entity is thematically classified as Municipals ETFs. iShares California Muni currently have 1.66 B in assets under management (AUM). , while the total return for the last 3 years was -0.1%.
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The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares California. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether iShares California Muni is a strong investment it is important to analyze IShares California's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares California's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iShares California Muni. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
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The market value of iShares California Muni is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares California's value that differs from its market value or its book value, called intrinsic value, which is IShares California's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares California's market value can be influenced by many factors that don't directly affect IShares California's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares California's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares California's 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.