California High Yield Municipal Fund Price on September 20, 2024

CAYAX Fund  USD 9.85  0.06  0.00%   
If you're considering investing in California Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of California High-yield stands at 9.74, as last reported on the 30th of December, with the highest price reaching 9.74 and the lowest price hitting 9.74 during the day. California High Yield secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the fund had a -0.13% return per unit of risk over the last 3 months. California High Yield Municipal exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm California High-yield's Standard Deviation of 0.3068, mean deviation of 0.1971, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide.
  
California Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1296

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Estimated Market Risk

 0.31
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average California High-yield 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 California High-yield by adding California High-yield to a well-diversified portfolio.

California High-yield Valuation on September 20, 2024

It is possible to determine the worth of California High-yield on a given historical date. On September 20, 2024 California was worth 9.91 at the beginning of the trading date compared to the closed value of 9.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of California High-yield mutual fund. Still, in general, we apply an absolute valuation method to find California High-yield's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of California High-yield where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against California High-yield's related companies.
 Open High Low Close Volume
  9.91    9.91    9.91    9.91    1.00  
09/20/2024
  9.91    9.91    9.91    9.91    1.00  
  9.91    9.91    9.91    9.91    1.00  
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Open Value
9.91
9.91
Closing Value
10.83
Upside

California High-yield Trading Date Momentum on September 20, 2024

On September 23 2024 California High Yield Municipal was traded for  9.91  at the closing time. The highest daily price throughout the period was 9.91  and the lowest price was  9.91 . There was no trading activity during the period 1.0. Lack of trading volume on 09/23/2024 did not affect price variability. The overall trading delta to current closing price is 0.50% .

California High Yield Fundamentals Correlations and Trends

By evaluating California High-yield's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among California High-yield's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. California financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About California High-yield Mutual Fund history

California High-yield investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for California is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in California High Yield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing California High-yield stock prices may prove useful in developing a viable investing in California High-yield
The fund invests at least 80 percent of its net assets in municipal securities with income payments exempt from federal and California income taxes. American Century is traded on NASDAQ Exchange in the United States.

California High-yield Mutual Fund Technical Analysis

California High-yield technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of California High-yield technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of California High-yield trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

California High-yield Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

California High Yield Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

California High-yield December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how California High-yield mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading California High-yield shares will generate the highest return on investment. By undertsting and applying California High-yield mutual fund market strength indicators, traders can identify California High Yield Municipal entry and exit signals to maximize returns

California High-yield Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for California High-yield's price direction in advance. Along with the technical and fundamental analysis of California Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of California to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in California Mutual Fund

California High-yield financial ratios help investors to determine whether California 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 California with respect to the benefits of owning California High-yield security.
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