California Tax-free Financials

PRXCX Fund  USD 10.91  0.04  0.37%   
You can use California Tax Free fundamental data analysis to find out if markets are presently mispricing the fund. We were able to break down fourteen available fundamental indicators for California Tax Free Bond, which can be compared to its peers. The fund experiences a normal downward trend and little activity. Check odds of California Tax-free to be traded at $10.8 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.

California Tax-free Fund Summary

California Tax-free competes with T Rowe, New York, T Rowe, T Rowe, and T Rowe. 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.
Specialization
Muni California Long, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS77954J1025
Business AddressT Rowe Price
Mutual Fund FamilyT. Rowe Price
Mutual Fund CategoryMuni California Long
BenchmarkDow Jones Industrial
Phone800 638 5660
CurrencyUSD - 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 Bond 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  602.90  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.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. 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 Bond is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni California Long category is currently estimated at about 10.87 Billion. California Tax-free holds roughly 685.23 Million in net asset claiming about 6% of funds under Muni California Long category.

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 Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of California Tax Free Bond 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.

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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