California Bond Fund Price on November 14, 2024
| USCBX Fund | USD 10.51 0.03 0.29% |
Below is the normalized historical share price chart for California Bond Fund extending back to September 22, 1989. 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 California Bond stands at 10.51, as last reported on the 30th of November, with the highest price reaching 10.51 and the lowest price hitting 10.51 during the day.
If you're considering investing in California Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider California Mutual Fund to be very steady. California Bond secures Sharpe Ratio (or Efficiency) of 0.0556, which signifies that the fund had a 0.0556% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for California Bond Fund, which you can use to evaluate the volatility of the entity. Please confirm California Bond's Risk Adjusted Performance of 0.0357, downside deviation of 0.4397, and Mean Deviation of 0.1579 to double-check if the risk estimate we provide is consistent with the expected return of 0.0156%.
California Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
California |
Sharpe Ratio = 0.0556
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | USCBX |
Estimated Market Risk
| 0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average California Bond is performing at about 4% 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 California Bond by adding it to a well-diversified portfolio.
California Bond Valuation on November 14, 2024
It is possible to determine the worth of California Bond on a given historical date. On November 14, 2024 California was worth 10.42 at the beginning of the trading date compared to the closed value of 10.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of California Bond mutual fund. Still, in general, we apply an absolute valuation method to find California Bond'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 California Bond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against California Bond's related companies.
| Open | High | Low | Close | Volume | |
| 10.41 | 10.41 | 10.41 | 10.41 | 1.00 | |
11/14/2024 | 10.42 | 10.42 | 10.42 | 10.42 | 1.00 |
| 10.42 | 10.42 | 10.42 | 10.42 | 1.00 |
| Backtest California Bond | | | California Bond History | | | California Bond Valuation | Previous | Next |
California Bond Trading Date Momentum on November 14, 2024
| On November 15 2024 California Bond Fund was traded for 10.42 at the closing time. The highest daily price throughout the period was 10.42 and the lowest price was 10.42 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2024 did not affect price variability. The overall trading delta to current closing price is 0.48% . |
California Bond Fundamentals Correlations and Trends
By evaluating California Bond'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 California Bond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. California financial account trend analysis is a perfect complement when working with valuation or volatility modules.About California Bond Mutual Fund history
California Bond 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 California is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in California Bond 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 California Bond stock prices may prove useful in developing a viable investing in California Bond
The fund invests primarily in long-term investment-grade securities issued by the state of California, its political subdivisions, instrumentalities, and by other government entities, the interest on which is excludable from gross income for federal income tax and California state income tax purposes. During normal market conditions, at least 80 percent of the funds net assets will consist of California tax-exempt securities. Its dollar-weighted average portfolio maturity is not restricted, but is expected to be greater than 10 years.
California Bond Mutual Fund Technical Analysis
California Bond 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
California Bond Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
California Bond Fund 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.
California Bond November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how California Bond 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 California Bond shares will generate the highest return on investment. By undertsting and applying California Bond mutual fund market strength indicators, traders can identify California Bond Fund entry and exit signals to maximize returns
California Bond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for California Bond's price direction in advance. Along with the technical and fundamental analysis of California Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of California 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 | 0.0357 | |||
| Jensen Alpha | 0.0027 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.27) | |||
| Treynor Ratio | 0.1807 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in California Mutual Fund
California Bond 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 Bond security.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |