Ishares California Muni Etf Market Value
| CMF Etf | USD 58.19 0.03 0.05% |
| Symbol | IShares |
iShares California Muni's market price often diverges from its book value, the accounting figure shown on IShares's balance sheet. Smart investors calculate IShares California's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since IShares California's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between IShares California's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding IShares California should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, IShares California's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
IShares 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 IShares California's etf 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 IShares California.
| 11/21/2025 |
| 02/19/2026 |
If you would invest 0.00 in IShares California on November 21, 2025 and sell it all today you would earn a total of 0.00 from holding iShares California Muni or generate 0.0% return on investment in IShares California over 90 days. IShares California is related to or competes with IShares IBonds, IShares IBonds, IShares IBonds, Alps/smith Total, IShares MSCI, Invesco National, and IShares Convertible. The index includes municipal bonds issued in the State of California, the interest of which is exempt from Federal incom... More
IShares 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 IShares California's etf 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 iShares California Muni upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1332 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 0.6437 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.174 |
IShares California Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares California's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares California's standard deviation. In reality, there are many statistical measures that can use IShares California historical prices to predict the future IShares California's volatility.| Risk Adjusted Performance | 0.1438 | |||
| Jensen Alpha | 0.0167 | |||
| Total Risk Alpha | 0.0128 | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.6665 |
IShares California February 19, 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 | 0.1438 | |||
| Market Risk Adjusted Performance | 0.6765 | |||
| Mean Deviation | 0.0732 | |||
| Downside Deviation | 0.1332 | |||
| Coefficient Of Variation | 377.8 | |||
| Standard Deviation | 0.1045 | |||
| Variance | 0.0109 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | 0.0167 | |||
| Total Risk Alpha | 0.0128 | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.6665 | |||
| Maximum Drawdown | 0.6437 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.174 | |||
| Downside Variance | 0.0177 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.08) | |||
| Skewness | (1.21) | |||
| Kurtosis | 5.06 |
iShares California Muni Backtested Returns
At this point, IShares California is very steady. iShares California Muni holds Efficiency (Sharpe) Ratio of 0.31, which attests that the entity had a 0.31 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares California Muni, which you can use to evaluate the volatility of the entity. Please check out IShares California's Coefficient Of Variation of 377.8, market risk adjusted performance of 0.6765, and Risk Adjusted Performance of 0.1438 to validate if the risk estimate we provide is consistent with the expected return of 0.0306%. The etf retains a Market Volatility (i.e., Beta) of 0.0265, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares California's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares California is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
iShares California Muni has good predictability. Overlapping area represents the amount of predictability between IShares California time series from 21st of November 2025 to 5th of January 2026 and 5th of January 2026 to 19th 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 iShares California Muni price movement. The serial correlation of 0.78 indicates that around 78.0% of current IShares California price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
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Check out IShares California Correlation, IShares California Volatility and IShares California Performance module to complement your research on IShares California. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
IShares California technical etf 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, etf market cycles, or different charting patterns.