Fidelity California Municipal Fund Net Income
| FCTFX Fund | USD 12.53 0.01 0.08% |
As of the 13th of February 2026, Fidelity California shows the Standard Deviation of 0.1068, mean deviation of 0.0764, and Coefficient Of Variation of 363.34. Fidelity California technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Fidelity California's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Fidelity California's valuation are provided below:Fidelity California Municipal does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Fidelity |
Fidelity California 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fidelity California's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fidelity California.
| 11/15/2025 |
| 02/13/2026 |
If you would invest 0.00 in Fidelity California on November 15, 2025 and sell it all today you would earn a total of 0.00 from holding Fidelity California Municipal or generate 0.0% return on investment in Fidelity California over 90 days. Fidelity California is related to or competes with Fidelity Massachusetts, Nuveen California, Eaton Vance, Fidelity New, Shenkman Short, Nuveen Municipal, and Royce Pennsylvania. The fund normally invests at least 80 percent of assets in municipal securities whose interest is exempt from federal an... More
Fidelity California Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fidelity California's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fidelity California Municipal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1638 | |||
| Information Ratio | (0.48) | |||
| Maximum Drawdown | 0.5688 | |||
| Value At Risk | (0.08) | |||
| Potential Upside | 0.2425 |
Fidelity California Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity California's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity California's standard deviation. In reality, there are many statistical measures that can use Fidelity California historical prices to predict the future Fidelity California's volatility.| Risk Adjusted Performance | 0.1575 | |||
| Jensen Alpha | 0.0188 | |||
| Total Risk Alpha | 0.0101 | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 2.55 |
Fidelity California February 13, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1575 | |||
| Market Risk Adjusted Performance | 2.56 | |||
| Mean Deviation | 0.0764 | |||
| Downside Deviation | 0.1638 | |||
| Coefficient Of Variation | 363.34 | |||
| Standard Deviation | 0.1068 | |||
| Variance | 0.0114 | |||
| Information Ratio | (0.48) | |||
| Jensen Alpha | 0.0188 | |||
| Total Risk Alpha | 0.0101 | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 2.55 | |||
| Maximum Drawdown | 0.5688 | |||
| Value At Risk | (0.08) | |||
| Potential Upside | 0.2425 | |||
| Downside Variance | 0.0268 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.12) | |||
| Skewness | (0.42) | |||
| Kurtosis | 3.04 |
Fidelity California Backtested Returns
At this stage we consider Fidelity Mutual Fund to be very steady. Fidelity California secures Sharpe Ratio (or Efficiency) of 0.29, which denotes the fund had a 0.29 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Fidelity California Municipal, which you can use to evaluate the volatility of the entity. Please confirm Fidelity California's Standard Deviation of 0.1068, coefficient of variation of 363.34, and Mean Deviation of 0.0764 to check if the risk estimate we provide is consistent with the expected return of 0.0318%. The fund shows a Beta (market volatility) of 0.0076, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity California's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity California is expected to be smaller as well.
Auto-correlation | 0.27 |
Poor predictability
Fidelity California Municipal has poor predictability. Overlapping area represents the amount of predictability between Fidelity California time series from 15th of November 2025 to 30th of December 2025 and 30th of December 2025 to 13th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fidelity California price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Fidelity California price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Fidelity California Municipal reported net income of 0.0. This indicator is about the same for the Fidelity Investments average (which is currently at 0.0) family and about the same as Muni California Long (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Fidelity Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fidelity California's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Fidelity California could also be used in its relative valuation, which is a method of valuing Fidelity California by comparing valuation metrics of similar companies.Fidelity California is currently under evaluation in net income among similar funds.
Fidelity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity California's current stock value. Our valuation model uses many indicators to compare Fidelity California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity California competition to find correlations between indicators driving Fidelity California's intrinsic value. More Info.Fidelity California Municipal is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 46.61 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 Fidelity California's earnings, one of the primary drivers of an investment's value.Fidelity Fundamentals
| Total Asset | 1.62 B | ||||
| Annual Yield | 0.03 % | ||||
| Year To Date Return | 1.37 % | ||||
| One Year Return | 5.34 % | ||||
| Three Year Return | 3.81 % | ||||
| Five Year Return | 1.16 % | ||||
| Ten Year Return | 4.43 % | ||||
| Net Asset | 1.86 B | ||||
| Cash Position Weight | (0.68) % | ||||
| Bond Positions Weight | 0.58 % |
About Fidelity California Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fidelity California Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity California using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity California Municipal 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.
Also Currently Popular
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 Fidelity Mutual Fund
Fidelity California financial ratios help investors to determine whether Fidelity 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 Fidelity with respect to the benefits of owning Fidelity California security.
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