Franklin California Financials

FCAMX Fund  USD 10.00  0.02  0.20%   
You can utilize Franklin California High fundamental data analysis to find out if markets are presently mispricing the fund. We have collected data for thirteen available fundamental indicators for Franklin California High, which can be compared to its peers. The fund experiences a normal upward fluctuation. Check odds of Franklin California to be traded at $10.5 in 90 days.
  
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.

Franklin California Fund Summary

Franklin California competes with Franklin California, Franklin California, Oppenheimer Rochester, Franklin California, and Franklin High. The fund invests at least 80 percent of its net assets in municipal securities whose interest is free from regular federal income taxes and from California personal income taxes. It also may have up to 100 percent of its assets in securities that pay interest subject to the federal alternative minimum tax. The fund also may invest up to 35 percent of its total assets in municipal securities issued by U.S. territories.
Specialization
Muni California Long, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS3540253065
Business AddressFranklin Municipal Securities
Mutual Fund FamilyFranklin Templeton Investments
Mutual Fund CategoryMuni California Long
BenchmarkDow Jones Industrial
Phone800 342 5236
CurrencyUSD - US Dollar

Franklin California Key Financial Ratios

Franklin Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Franklin California's current stock value. Our valuation model uses many indicators to compare Franklin California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Franklin California competition to find correlations between indicators driving Franklin California's intrinsic value. More Info.
Franklin California High is rated below average in annual yield among similar funds. It is one of the top funds in year to date return among similar funds creating about  2,024  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 Franklin California's earnings, one of the primary drivers of an investment's value.

Franklin California High Systematic Risk

Franklin California's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Franklin California 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Franklin California High correlated with the market. If Beta is less than 0 Franklin California generally moves in the opposite direction as compared to the market. If Franklin California Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin California High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin California is generally in the same direction as the market. If Beta > 1 Franklin California moves generally in the same direction as, but more than the movement of the benchmark.
Franklin California High is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of Muni California Long category is currently estimated at about 27.29 Billion. Franklin California holds roughly 2.53 Billion in net asset claiming about 9% of funds under Muni California Long category.

Franklin California November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Franklin California help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Franklin California High. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin California High based on widely used predictive technical indicators. In general, we focus on analyzing Franklin Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Franklin California's daily price indicators and compare them against related drivers.

Other Information on Investing in Franklin Mutual Fund

Franklin California financial ratios help investors to determine whether Franklin 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 Franklin with respect to the benefits of owning Franklin California security.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing