California Tax Free Income Fund Market Value
| CFNTX Fund | USD 10.65 0.01 0.09% |
| Symbol | California |
California Tax-free '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 California Tax-free'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 California Tax-free.
| 10/28/2025 |
| 01/26/2026 |
If you would invest 0.00 in California Tax-free on October 28, 2025 and sell it all today you would earn a total of 0.00 from holding California Tax Free Income or generate 0.0% return on investment in California Tax-free over 90 days. California Tax-free is related to or competes with T Rowe, T Rowe, Dreyfus Large, Great West, American Mutual, T Rowe, and Cb Large. Under normal market conditions, it is the funds fundamental policy to invest at least 80 percent of its total assets in ... More
California Tax-free 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 California Tax-free'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 California Tax Free Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1848 | |||
| Information Ratio | (0.87) | |||
| Maximum Drawdown | 0.5631 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.0945 |
California Tax-free Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for California Tax-free's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as California Tax-free's standard deviation. In reality, there are many statistical measures that can use California Tax-free historical prices to predict the future California Tax-free's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | (0.94) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of California Tax-free's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
California Tax-free January 26, 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.93) | |||
| Mean Deviation | 0.0482 | |||
| Downside Deviation | 0.1848 | |||
| Coefficient Of Variation | 1182.22 | |||
| Standard Deviation | 0.0847 | |||
| Variance | 0.0072 | |||
| Information Ratio | (0.87) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | (0.94) | |||
| Maximum Drawdown | 0.5631 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.0945 | |||
| Downside Variance | 0.0341 | |||
| Semi Variance | (0) | |||
| Expected Short fall | (0.11) | |||
| Skewness | (0.67) | |||
| Kurtosis | 4.56 |
California Tax Free Backtested Returns
At this stage we consider California Mutual Fund to be very steady. California Tax Free secures Sharpe Ratio (or Efficiency) of 0.088, which signifies that the fund had a 0.088 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for California Tax Free Income, which you can use to evaluate the volatility of the entity. Please confirm California Tax-free's Mean Deviation of 0.0482, risk adjusted performance of (0.01), and Coefficient Of Variation of 1182.22 to double-check if the risk estimate we provide is consistent with the expected return of 0.0078%. The fund shows a Beta (market volatility) of 0.003, which signifies not very significant fluctuations relative to the market. As returns on the market increase, California Tax-free's returns are expected to increase less than the market. However, during the bear market, the loss of holding California Tax-free is expected to be smaller as well.
Auto-correlation | 0.18 |
Very weak predictability
California Tax Free Income has very weak predictability. Overlapping area represents the amount of predictability between California Tax-free time series from 28th of October 2025 to 12th of December 2025 and 12th of December 2025 to 26th of January 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 California Tax Free price movement. The serial correlation of 0.18 indicates that over 18.0% of current California Tax-free price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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.| HITI | High Tide | |
| HITI | High Tide | |
| BAC | Bank of America |
Other Information on Investing in California Mutual Fund
California Tax-free 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-free security.
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