California Tax Free Fund Analysis
| SCTAX Fund | USD 10.52 0.00 0.00% |
California Tax-free's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. California Tax-free's financial risk is the risk to California Tax-free stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that California Tax-free's debt-to-equity ratio measures a Mutual Fund's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which California Tax-free is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of California Tax-free to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, California Tax-free is said to be less leveraged. If creditors hold a majority of California Tax-free's assets, the Mutual Fund is said to be highly leveraged.
California Tax Free Fund is overvalued with Real Value of 9.66 and Hype Value of 10.52. The main objective of California Tax-free fund analysis is to determine its intrinsic value, which is an estimate of what California Tax Free Fund is worth, separate from its market price. There are two main types of California Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of California Tax Free Fund. On the other hand, technical analysis, focuses on the price and volume data of California Mutual Fund to identify patterns and trends that may indicate its future price movements.
The California Tax-free mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
California |
California Mutual Fund Analysis Notes
The fund maintains most of the assets in different exotic instruments. California Tax Free last dividend was 0.03 per share. Large To find out more about California Tax Free Fund contact the company at 800-222-8222.California Tax Free Investment Alerts
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| The fund maintains most of the assets in different exotic instruments. |
California Tax-free Outstanding Bonds
California Tax-free issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. California Tax Free uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most California bonds can be classified according to their maturity, which is the date when California Tax Free Fund has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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California Tax-free Predictive Daily Indicators
California Tax-free intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of California Tax-free mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
California Tax-free Forecast Models
California Tax-free's time-series forecasting models are one of many California Tax-free's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary California Tax-free's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.California Tax-free Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the California Tax-free's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of California Tax-free, which in turn will lower the firm's financial flexibility.California Tax-free Corporate Bonds Issued
About California Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how California Tax-free prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling California shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as California Tax-free. By using and applying California Mutual Fund analysis, traders can create a robust methodology for identifying California entry and exit points for their positions.
The fund invests at least 80 percent of its net assets in municipal securities whose interest is exempt from federal income tax, including federal alternative minimum tax , and California individual income tax. It invests up to 20 percent of the funds net assets in securities whose interest is subject to federal income tax. The fund invests up to 10 percent of its total assets in below investment-grade municipal securities, and invests up to 10 percent of the funds total assets in inverse floaters.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding California Tax-free to your portfolios without increasing risk or reducing expected return.Did you try this?
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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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