California Tax-free Financials
| CFNTX Fund | USD 10.73 0.03 0.28% |
California |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
California Tax-free Fund Summary
California Tax-free competes with Tiaa Cref, T Rowe, Jhancock Diversified, Davenport Small, and Blackrock. Under normal market conditions, it is the funds fundamental policy to invest at least 80 percent of its total assets in California municipal bonds, that are exempt from federal and California state income taxes, although generally the percentage is much higher. The funds duration typically ranges from four to twelve years. It is non-diversified.Specialization | Muni California Intermediate, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US82301Q8179 |
| Business Address | Shelton Capital management |
| Mutual Fund Family | Shelton Capital Management |
| Mutual Fund Category | Muni California Intermediate |
| Benchmark | Dow Jones Industrial |
| Phone | 800 955 9988 |
| Currency | USD - US Dollar |
California Tax-free Key Financial Ratios
California Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining California Tax-free's current stock value. Our valuation model uses many indicators to compare California Tax-free value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across California Tax-free competition to find correlations between indicators driving California Tax-free's intrinsic value. More Info.California Tax Free Income is the top fund in annual yield among similar funds. It also is the top fund in year to date return among similar funds creating about 200.21 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the California Tax-free's earnings, one of the primary drivers of an investment's value.California Tax Free Systematic Risk
California Tax-free's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. California Tax-free volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on California Tax Free correlated with the market. If Beta is less than 0 California Tax-free generally moves in the opposite direction as compared to the market. If California Tax-free Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one California Tax Free is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of California Tax-free is generally in the same direction as the market. If Beta > 1 California Tax-free moves generally in the same direction as, but more than the movement of the benchmark.
California Tax-free November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of California Tax-free help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of California Tax Free Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of California Tax Free Income based on widely used predictive technical indicators. In general, we focus on analyzing California Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build California Tax-free's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3414 | |||
| Information Ratio | (0.68) | |||
| Maximum Drawdown | 1.12 | |||
| Value At Risk | (0.28) | |||
| Potential Upside | 0.2817 |
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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