Franklin California Financials

FVCAX Fund  USD 9.98  0.04  0.40%   
You can utilize Franklin California High fundamental data analysis to find out if markets are presently mispricing the fund. We were able to analyze fourteen 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 $10.48 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 Gmo High, Lord Abbett, Victory High, Artisan High, and Pace High. The investment seeks a high level of income exempt from federal and California personal income taxes capital appreciation is a secondary consideration. Franklin California is traded on NASDAQ Exchange in the United States.
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS3540258015
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 one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about  1,247  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 twenty-four with a total number of output elements of thirty-seven. 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 16.14 Billion. Franklin California retains roughly 2.5 Billion in net asset claiming about 16% of funds under Muni California Long category.

Franklin California November 27, 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.
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