California Municipal Portfolio Fund Net Asset
| AICAX Fund | USD 13.93 0.02 0.14% |
California Municipal Portfolio fundamentals help investors to digest information that contributes to California Municipal's financial success or failures. It also enables traders to predict the movement of California Mutual Fund. The fundamental analysis module provides a way to measure California Municipal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to California Municipal mutual fund.
California |
California Municipal Portfolio Mutual Fund Net Asset Analysis
California Municipal's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current California Municipal Net Asset | 1.06 B |
Most of California Municipal's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, California Municipal Portfolio is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, California Municipal Portfolio has a Net Asset of 1.06 B. This is 100.1% higher than that of the AllianceBernstein family and significantly higher than that of the Muni Single State Short category. The net asset for all United States funds is notably lower than that of the firm.
California Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses California Municipal's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of California Municipal could also be used in its relative valuation, which is a method of valuing California Municipal by comparing valuation metrics of similar companies.California Municipal is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for California Municipal
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides California Municipal's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
California Fundamentals
| Total Asset | 47.28 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 2.43 % | ||||
| One Year Return | 5.20 % | ||||
| Three Year Return | 0.72 % | ||||
| Five Year Return | 1.26 % | ||||
| Ten Year Return | 2.13 % | ||||
| Net Asset | 1.06 B | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 5.79 % | ||||
| Bond Positions Weight | 2.51 % |
About California Municipal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze California Municipal Portfolio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of California Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of California Municipal Portfolio based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in California Mutual Fund
California Municipal 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 Municipal security.
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