California Tax Free Fund Probability of Future Mutual Fund Price Finishing Over 10.75

SCTAX Fund  USD 10.72  0.02  0.19%   
California Tax's future price is the expected price of California Tax instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of California Tax Free Fund performance during a given time horizon utilizing its historical volatility. Check out California Tax Backtesting, Portfolio Optimization, California Tax Correlation, California Tax Hype Analysis, California Tax Volatility, California Tax History as well as California Tax Performance.
  
Please specify California Tax's target price for which you would like California Tax odds to be computed.

California Tax Target Price Odds to finish over 10.75

The tendency of California Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 10.75  or more in 90 days
 10.72 90 days 10.75 
nearly 4.5
Based on a normal probability distribution, the odds of California Tax to move over $ 10.75  or more in 90 days from now is nearly 4.5 (This California Tax Free Fund probability density function shows the probability of California Mutual Fund to fall within a particular range of prices over 90 days) . Probability of California Tax Free price to stay between its current price of $ 10.72  and $ 10.75  at the end of the 90-day period is about 6.38 .
Assuming the 90 days horizon California Tax Free Fund has a beta of -0.11. This usually implies as returns on the benchmark increase, returns on holding California Tax are expected to decrease at a much lower rate. During a bear market, however, California Tax Free Fund is likely to outperform the market. Additionally California Tax Free Fund has an alpha of 0.017, implying that it can generate a 0.017 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   California Tax Price Density   
       Price  

Predictive Modules for California Tax

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as California Tax Free. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
10.5010.7410.98
Details
Intrinsic
Valuation
LowRealHigh
10.0410.2811.81
Details
Naive
Forecast
LowNextHigh
10.4910.7310.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.7310.7510.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as California Tax. Your research has to be compared to or analyzed against California Tax's peers to derive any actionable benefits. When done correctly, California Tax's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in California Tax Free.

California Tax Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. California Tax is not an exception. The market had few large corrections towards the California Tax's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold California Tax Free Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of California Tax within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.02
β
Beta against Dow Jones-0.11
σ
Overall volatility
0.06
Ir
Information ratio -0.46

California Tax Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of California Tax for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for California Tax Free can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund generated three year return of -1.0%
California Tax Free maintains most of the assets in different exotic instruments.

California Tax Technical Analysis

California Tax's future price can be derived by breaking down and analyzing its technical indicators over time. California Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of California Tax Free Fund. In general, you should focus on analyzing California Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

California Tax Predictive Forecast Models

California Tax's time-series forecasting models is one of many California Tax's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary California Tax's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about California Tax Free

Checking the ongoing alerts about California Tax for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for California Tax Free help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated three year return of -1.0%
California Tax Free maintains most of the assets in different exotic instruments.

Other Information on Investing in California Mutual Fund

California Tax 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 security.
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