California Tax Free Fund Technical Analysis
| SCTAX Fund | USD 10.73 0.02 0.19% |
As of the 30th of November, California Tax-free shows the Mean Deviation of 0.1529, downside deviation of 0.3354, and Risk Adjusted Performance of 0.0478. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of California Tax-free, as well as the relationship between them.
California Tax-free Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CALIFORNIA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CALIFORNIACALIFORNIA |
California Tax-free technical mutual fund 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, fund market cycles, or different charting patterns.
California Tax Free Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of California Tax Free volatility. High ATR values indicate high volatility, and low values indicate low volatility.
California Tax Free Trend Analysis
Use this graph to draw trend lines for California Tax Free Fund. You can use it to identify possible trend reversals for California Tax-free as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual California Tax-free price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.California Tax-free Best Fit Change Line
The following chart estimates an ordinary least squares regression model for California Tax Free Fund applied against its price change over selected period. The best fit line has a slop of 0.0012 , which may suggest that California Tax Free Fund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted California Tax-free price change compared to its average price change.About California Tax-free Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of California Tax Free Fund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of California Tax Free Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on California Tax Free price pattern first instead of the macroeconomic environment surrounding California Tax Free. By analyzing California Tax-free's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of California Tax-free's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to California Tax-free specific price patterns or momentum indicators. Please read more on our technical analysis page.
California Tax-free November 30, 2024 Technical Indicators
Most technical analysis of CALIFORNIA help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for CALIFORNIA from various momentum indicators to cycle indicators. When you analyze CALIFORNIA charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0478 | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 0.1529 | |||
| Semi Deviation | 0.1804 | |||
| Downside Deviation | 0.3354 | |||
| Coefficient Of Variation | 1086.19 | |||
| Standard Deviation | 0.2347 | |||
| Variance | 0.0551 | |||
| Information Ratio | (0.49) | |||
| Jensen Alpha | 0.0248 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.35) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 1.41 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.2838 | |||
| Downside Variance | 0.1125 | |||
| Semi Variance | 0.0325 | |||
| Expected Short fall | (0.20) | |||
| Skewness | (1.44) | |||
| Kurtosis | 6.65 |
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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