Prudential California Financials

Prudential California Fund Summary

Prudential California competes with Virtus Real, Fidelity Real, Nuveen Real, Prudential Real, and Aew Real. The fund invests primarily in California state and local municipal bonds, which are debt obligations or fixed income securities, including notes, commercial paper and other securities, as well as obligations of other issuers that pay interest income that is exempt from California state and federal income taxes. It invests at least 70 percent of its investable assets in investment grade municipal debt obligations.

Prudential California Key Financial Ratios

Prudential Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Prudential California's current stock value. Our valuation model uses many indicators to compare Prudential California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prudential California competition to find correlations between indicators driving Prudential California's intrinsic value. More Info.Prudential California Muni is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about  28.83  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 Prudential California's earnings, one of the primary drivers of an investment's value.

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

Prudential California financial ratios help investors to determine whether Prudential 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 Prudential with respect to the benefits of owning Prudential California security.