California Tax Free Bond Fund Price on October 2, 2024

If you're considering investing in California Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider California Mutual Fund to be very steady. California Tax Free secures Sharpe Ratio (or Efficiency) of 0.0595, which signifies that the fund had a 0.0595% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for California Tax Free Bond, which you can use to evaluate the volatility of the entity. Please confirm California Tax-free's Risk Adjusted Performance of 0.0265, mean deviation of 0.1613, and Downside Deviation of 0.4177 to double-check if the risk estimate we provide is consistent with the expected return of 0.016%.
  
California Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0595

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Estimated Market Risk

 0.27
  actual daily
2
98% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average California Tax-free is performing at about 4% of its full potential. 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 Tax-free by adding it to a well-diversified portfolio.

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.

Price Boundaries

California Tax-free Period Price Range

Low
December 7, 2024
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High

 0.00 

     

 0.00 

California Tax Free Bond 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 Tax-free December 7, 2024 Market Strength

Market strength indicators help investors to evaluate how California Tax-free 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 Tax-free shares will generate the highest return on investment. By undertsting and applying California Tax-free mutual fund market strength indicators, traders can identify California Tax Free Bond entry and exit signals to maximize returns

California Tax-free Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for California Tax-free'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 Tax-free 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 Tax-free security.
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