Prudential California Muni Fund Market Value
| PBCAX Fund | USD 10.06 0.01 0.1% |
| Symbol | Prudential |
Prudential 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 Prudential 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 Prudential California.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in Prudential California on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding Prudential California Muni or generate 0.0% return on investment in Prudential California over 90 days. Prudential California is related to or competes with Aqr Sustainable, Brandes Emerging, Seafarer Overseas, Johcm Emerging, T Rowe, Siit Emerging, and Ab All. The fund invests primarily in California state and local municipal bonds, which are debt obligations or fixed income sec... More
Prudential 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 Prudential 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 Prudential California Muni upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1049 | |||
| Information Ratio | (0.69) | |||
| Maximum Drawdown | 0.4014 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.2004 |
Prudential California Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prudential California's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prudential California's standard deviation. In reality, there are many statistical measures that can use Prudential California historical prices to predict the future Prudential California's volatility.| Risk Adjusted Performance | 0.1051 | |||
| Jensen Alpha | 0.0109 | |||
| Total Risk Alpha | 0.0029 | |||
| Sortino Ratio | (0.57) | |||
| Treynor Ratio | 2.01 |
Prudential California January 27, 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 | 0.1051 | |||
| Market Risk Adjusted Performance | 2.02 | |||
| Mean Deviation | 0.0643 | |||
| Downside Deviation | 0.1049 | |||
| Coefficient Of Variation | 408.96 | |||
| Standard Deviation | 0.087 | |||
| Variance | 0.0076 | |||
| Information Ratio | (0.69) | |||
| Jensen Alpha | 0.0109 | |||
| Total Risk Alpha | 0.0029 | |||
| Sortino Ratio | (0.57) | |||
| Treynor Ratio | 2.01 | |||
| Maximum Drawdown | 0.4014 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.2004 | |||
| Downside Variance | 0.011 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.14) | |||
| Skewness | 0.8814 | |||
| Kurtosis | 1.02 |
Prudential California Backtested Returns
At this stage we consider Prudential Mutual Fund to be very steady. Prudential California maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the entity had a 0.21 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Prudential California, which you can use to evaluate the volatility of the fund. Please check Prudential California's Risk Adjusted Performance of 0.1051, downside deviation of 0.1049, and Standard Deviation of 0.087 to confirm if the risk estimate we provide is consistent with the expected return of 0.0184%. The fund holds a Beta of 0.0056, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prudential California's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prudential California is expected to be smaller as well.
Auto-correlation | 0.49 |
Average predictability
Prudential California Muni has average predictability. Overlapping area represents the amount of predictability between Prudential California time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th 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 Prudential California price movement. The serial correlation of 0.49 indicates that about 49.0% of current Prudential California price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.63 | |
| 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 Prudential Mutual Fund
Prudential California financial ratios help investors to determine whether Prudential 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 Prudential with respect to the benefits of owning Prudential California security.
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