Capital Group California Fund Price on November 1, 2024
| CCCMX Fund | USD 10.30 0.02 0.19% |
Below is the normalized historical share price chart for Capital Group California extending back to April 15, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Capital Group stands at 10.30, as last reported on the 29th of November, with the highest price reaching 10.30 and the lowest price hitting 10.30 during the day.
If you're considering investing in Capital Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Capital Mutual Fund to be very steady. Capital Group California secures Sharpe Ratio (or Efficiency) of 0.0213, which signifies that the fund had a 0.0213% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Capital Group California, which you can use to evaluate the volatility of the entity. Please confirm Capital Group's Downside Deviation of 0.292, risk adjusted performance of (0.03), and Mean Deviation of 0.081 to double-check if the risk estimate we provide is consistent with the expected return of 0.0032%.
Capital Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Capital |
Sharpe Ratio = 0.0213
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| Negative Returns | CCCMX |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Capital Group is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Capital Group by adding it to a well-diversified portfolio.
Capital Group Valuation on November 1, 2024
It is possible to determine the worth of Capital Group on a given historical date. On November 1, 2024 Capital was worth 10.23 at the beginning of the trading date compared to the closed value of 10.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Capital Group mutual fund. Still, in general, we apply an absolute valuation method to find Capital Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Capital Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Capital Group's related companies.
| Open | High | Low | Close | Volume | |
| 10.23 | 10.23 | 10.23 | 10.23 | 1.00 | |
11/01/2024 | 10.23 | 10.23 | 10.23 | 10.23 | 1.00 |
| 10.25 | 10.25 | 10.25 | 10.25 | 1.00 |
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Capital Group Trading Date Momentum on November 1, 2024
| On November 04 2024 Capital Group California was traded for 10.25 at the closing time. The highest daily price throughout the period was 10.25 and the lowest price was 10.25 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.20% . The overall trading delta to current closing price is 0.29% . |
Capital Group California Fundamentals Correlations and Trends
By evaluating Capital Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Capital Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Capital financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Capital Group Mutual Fund history
Capital Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Capital is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Capital Group California will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Capital Group stock prices may prove useful in developing a viable investing in Capital Group
The fund primarily invests in municipal bonds issued by the state of California and its agencies and municipalities. Under normal circumstances, it will invest at least 80 percent of its assets in, or derive at least 80 percent of its income from, securities that are exempt from federal and California income taxes. The fund may also invest in municipal securities that are issued by jurisdictions outside California. It will not invest in securities that subject the investors to the federal alternative minimum tax.
Capital Group Mutual Fund Technical Analysis
Capital Group technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Capital Group Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Capital Group California cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Capital Group November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Capital Group mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Capital Group shares will generate the highest return on investment. By undertsting and applying Capital Group mutual fund market strength indicators, traders can identify Capital Group California entry and exit signals to maximize returns
Capital Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Capital Group's price direction in advance. Along with the technical and fundamental analysis of Capital Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Capital to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.42) | |||
| Treynor Ratio | 0.1972 |
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| Volume Indicators |
Other Information on Investing in Capital Mutual Fund
Capital Group financial ratios help investors to determine whether Capital 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 Capital with respect to the benefits of owning Capital Group security.
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