California Tax-free Valuation
CFNTX Fund | USD 10.73 0.03 0.28% |
At this time, the entity appears to be fairly valued. California Tax Free shows a prevailing Real Value of $10.72 per share. The current price of the fund is $10.73. We determine the value of California Tax Free from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Fairly Valued
Today
Please note that California Tax-free's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. California Tax Free shows a prevailing Real Value of $10.72 per share. The current price of the fund is $10.73. We determine the value of California Tax Free from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since California Tax-free is currently traded on the exchange, buyers and sellers on that exchange determine the market value of California Mutual Fund. However, California Tax-free'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 10.73 | Real 10.72 | Hype 10.73 | Naive 10.73 |
The intrinsic value of California Tax-free'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 California Tax-free'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 California Tax Free Income helps investors to forecast how California 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 California Tax-free more accurately as focusing exclusively on California Tax-free's fundamentals will not take into account other important factors: California Tax-free Total Value Analysis
California Tax Free Income is currently anticipated to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the California Tax-free fundamentals before making investing decisions based on enterprise value of the companyCalifornia Tax-free Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of California suggests not a very effective usage of assets in November.About California Tax-free Valuation
Our relative valuation model uses a comparative analysis of California Tax-free. We calculate exposure to California Tax-free's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of California Tax-free's related companies.Under normal market conditions, it is the funds fundamental policy to invest at least 80 percent of its total assets in California municipal bonds, that are exempt from federal and California state income taxes, although generally the percentage is much higher. The funds duration typically ranges from four to twelve years. It is non-diversified.
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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