iShares California Muni ETF Performance

CMF ETF

USD 57.24 -0.03 -0.05%

IShares California has performed against its sector and the broad market over time. The stock's expected return across the 3 months window is -0.022%.

Risk-Adjusted Performance

0High

0 · Weak

During the last 90 trading days, iShares California Muni produced returns below breakeven, signaling weak efficiency for investors with long positions. At micro-cap scale, institutional coverage and secondary-market liquidity are typically well established. Recent data for IShares California shows marginal performance, with return efficiency hovering near breakeven. Learn More

Relative Risk vs. Return Landscape

If you had invested $ 5,805 in iShares California Muni on February 10, 2026 and sold it today, you would have lost $ 81.00 , a decline of 1.4% over 90 days. iShares California Muni is generating negative expected returns assuming volatility of 0.2344% on return distribution over 90 days investment horizon. In relative terms, IShares California exhibits above-average volatility, exceeding roughly 98% of comparable etfs, and CMF delivers lower expected returns than 99% of comparable equities over the next 90 days.

Expected Return

Risk

This benchmark view frames the instrument through return capture and volatility trade-offs. It keeps the emphasis on benchmark context, not just standalone performance. Over a 90-day investment horizon, CMF has been underperforming the market. Despite carrying lower volatility, CMF is 3.94 times less risky than the market. the ETF converts risk into return at a rate of about -0.09%. Dow Jones Industrial is currently generating roughly -0.01% of returns per unit of risk over a similar time horizon.

Target Price Odds to finish over Current Price

Price behavior in IShares ETF may occasionally drift away from historical averages, particularly during periods of elevated market sentiment or uncertainty. However, deviations from historical norms do not necessarily imply that prices will quickly reverse.

Current Price	Horizon	Target Price	Odds moving above the current price in 90 days
57.24	90 days	57.24	about 68.06 %

A normal distribution analysis suggests that the odds of IShares California moving above the current price in 90 days from now are about 68.06 %. Recent return data has shown a distribution that skews above the current level over this window. (The chart shows where the base-case price path for IShares ETF has been concentrating over 90 days). Wider tails indicate a broader spread of plausible outcomes for IShares ETF.

Over a 90-day investment horizon, IShares California has a beta of 0.12 suggesting as returns on the market go up, IShares California's average returns tend to increase less than the benchmark. However, during a bear market, the loss from holding iShares California Muni tends to be smaller as well. Additionally, IShares California Muni has a negative alpha, implying that risk has not been adequately compensated by returns. CMF is significantly underperforming the Dow Jones Industrial.

IShares California Price Density

Price

Predictive Modules for IShares California

The ETF market offers a wide variety of forecasting techniques applicable to instruments like iShares California Muni. While no single technique guarantees accuracy, combining multiple methods often improves prediction reliability.

Mean reversion in IShares California's price occurs when temporary dislocations correct back toward its historical intrinsic value estimate. This tendency of IShares California's price to converge to an average value over time is called mean reversion.

Sentiment

Range

Low	Sentiment	High
57.01	57.24	57.47

Details

Intrinsic

Valuation

Low	Intrinsic	High
57.07	57.30	57.53

Details

Naive

Forecast

Low	Next	High
56.79	57.03	57.26

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
57.09	57.32	57.55

Details

Peer benchmarking frames IShares California's operating metrics and market pricing against comparable companies. Placing IShares California's results in peer context distinguishes company-specific performance from industry-wide trends.

Primary Risk Indicators

The ETF market has gone through extended turbulence over the past two decades, and IShares California has not been immune. Sharp price drops and substantial rallies have shaped IShares California's value during this period.

α	Alpha over Dow Jones	-0.0342	Details
β	Beta against Dow Jones	0.12	Details
σ	Overall volatility	0.49	Details
Ir	Information ratio	-0.2173	Details

Investor Alerts and Insights

Setting up alerts on IShares California ensures that material changes in technical or fundamental conditions are not missed. Notifications for iShares California Muni surface changes in technical patterns and fundamental metrics that could influence decisions.

IShares California generated a negative expected return over the last 90 days

IShares California Fundamentals Growth

IShares California's fundamentals serve as the primary lens through which investors evaluate IShares ETF. Key drivers such as revenue growth, earnings trends, and margin expansion directly influence IShares ETF valuation.

Total Asset TTM

1.66 B

Performance Metrics & Calculation Methodology

Drawdown and recovery analysis for IShares California reveals how the fund behaves during stress episodes and subsequent rebounds. Historical price behavior suggests relatively stable downside characteristics.

iShares California Muni analytics rely on fund disclosures and market reference feeds, with quality checks and normalization applied. Return and risk statistics are calculated from historical price series.

Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board