California Tax Free Bond Fund Price on November 27, 2024
PRXCX Fund | USD 11.05 0.01 0.09% |
Below is the normalized historical share price chart for California Tax Free Bond extending back to December 02, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of California Tax-free stands at 11.05, as last reported on the 9th of December, with the highest price reaching 11.05 and the lowest price hitting 11.05 during the day.
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 out of control. California Tax Free secures Sharpe Ratio (or Efficiency) of 0.0543, which signifies that the fund had a 0.0543% return per unit of risk over the last 3 months. We have found twenty-eight 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 0.0408, mean deviation of 0.1622, and Downside Deviation of 0.4177 to double-check if the risk estimate we provide is consistent with the expected return of 0.0146%.
California Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
California |
Sharpe Ratio = 0.0543
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | PRXCX |
Estimated Market Risk
0.27 actual daily | 2 98% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.05 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.
California Tax-free Valuation on November 27, 2024
It is possible to determine the worth of California Tax-free on a given historical date. On November 27, 2024 California was worth 10.98 at the beginning of the trading date compared to the closed value of 10.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of California Tax-free mutual fund. Still, in general, we apply an absolute valuation method to find California Tax-free'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 Tax-free where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against California Tax-free's related companies.
Open | High | Low | Close | Volume | |
10.96 | 10.96 | 10.96 | 10.96 | 1.00 | |
11/27/2024 | 10.98 | 10.98 | 10.98 | 10.98 | 1.00 |
11.01 | 11.01 | 11.01 | 11.01 | 1.00 |
Backtest California Tax-free | | | California Tax-free History | | | California Tax-free Valuation | Previous | Next |
California Tax-free Trading Date Momentum on November 27, 2024
On November 29 2024 California Tax Free Bond was traded for 11.01 at the closing time. The highest daily price throughout the period was 11.01 and the lowest price was 11.01 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.27% . The overall trading delta to current closing price is 0.64% . |
California Tax Free Fundamentals Correlations and Trends
By evaluating California Tax-free'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 Tax-free'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 Tax-free Mutual Fund history
California Tax-free 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 Tax Free 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 Tax-free stock prices may prove useful in developing a viable investing in California Tax-free
The fund invests so that, under normal market conditions, at least 80 percent of its net assets are invested in bonds that pay interest exempt from federal and California state income taxes, and at least 80 percent of the funds income is expected to be exempt from federal and California state income taxes.
California Tax-free Mutual Fund Technical Analysis
California Tax-free 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.
Price Boundaries
California Tax-free Period Price Range
Low | December 9, 2024
| 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 9, 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.
Risk Adjusted Performance | 0.0408 | |||
Jensen Alpha | 0.0265 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.29) | |||
Treynor Ratio | (0.09) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data |