Franklin California High Fund Manager Performance Evaluation
| FCAMX Fund | USD 9.73 0.01 0.10% |
The fund shows a Beta (market volatility) of -0.0019, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franklin California are expected to decrease at a much lower rate. During the bear market, Franklin California is likely to outperform the market.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Franklin California High are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong primary indicators, Franklin California is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Is FCAMX a Strong Bond Fund Right Now - Yahoo News Malaysia | 01/08/2026 |
| Expense Ratio Date | 1st of July 2025 | |
| Expense Ratio | 0.6500 |
Franklin |
Franklin California Relative Risk vs. Return Landscape
If you would invest 962.00 in Franklin California High on November 7, 2025 and sell it today you would earn a total of 11.00 from holding Franklin California High or generate 1.14% return on investment over 90 days. Franklin California High is currently producing 0.019% returns and takes up 0.1368% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Franklin, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Franklin California Current Valuation
Overvalued
Today
Please note that Franklin California's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Franklin California High shows a prevailing Real Value of $8.94 per share. The current price of the fund is $9.73. We determine the value of Franklin California High from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Franklin California is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Franklin Mutual Fund. However, Franklin California's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.73 | Real 8.94 | Hype 9.73 | Naive 9.74 |
The intrinsic value of Franklin California's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Franklin California's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Franklin California High helps investors to forecast how Franklin mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Franklin California more accurately as focusing exclusively on Franklin California's fundamentals will not take into account other important factors: Franklin California Target Price Odds to finish over Current Price
The tendency of Franklin Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 9.73 | 90 days | 9.73 | about 1.6 |
Based on a normal probability distribution, the odds of Franklin California to move above the current price in 90 days from now is about 1.6 (This Franklin California High probability density function shows the probability of Franklin Mutual Fund to fall within a particular range of prices over 90 days) .
Franklin California Price Density |
| Price |
Predictive Modules for Franklin California
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Franklin California High. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Franklin California Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franklin California is not an exception. The market had few large corrections towards the Franklin California's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Franklin California High, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franklin California within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.0019 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.32 |
Franklin California Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Franklin California for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franklin California High can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Is FCAMX a Strong Bond Fund Right Now - Yahoo News Malaysia | |
| The fund retains about 6.71% of its assets under management (AUM) in fixed income securities |
Franklin California Fundamentals Growth
Franklin Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Franklin California, and Franklin California fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Franklin Mutual Fund performance.
| Total Asset | 652.93 M | ||||
About Franklin California Performance
Evaluating Franklin California's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Franklin California has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Franklin California has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its net assets in municipal securities whose interest is free from regular federal income taxes and from California personal income taxes. It also may have up to 100 percent of its assets in securities that pay interest subject to the federal alternative minimum tax. The fund also may invest up to 35 percent of its total assets in municipal securities issued by U.S. territories.Things to note about Franklin California High performance evaluation
Checking the ongoing alerts about Franklin California for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Franklin California High help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Is FCAMX a Strong Bond Fund Right Now - Yahoo News Malaysia | |
| The fund retains about 6.71% of its assets under management (AUM) in fixed income securities |
- Analyzing Franklin California's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Franklin California's stock is overvalued or undervalued compared to its peers.
- Examining Franklin California's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Franklin California's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Franklin California's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Franklin California's mutual fund. These opinions can provide insight into Franklin California's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Franklin Mutual Fund
Franklin California financial ratios help investors to determine whether Franklin 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 Franklin with respect to the benefits of owning Franklin California security.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |