Blackrock California Valuation

MKCMX Fund  USD 12.04  0.01  0.08%   
At this time, the entity appears to be overvalued. Blackrock California shows a prevailing Real Value of $11.62 per share. The current price of the fund is $12.04. We determine the value of Blackrock California 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.
Overvalued
Today
12.04
Please note that Blackrock California's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Blackrock California shows a prevailing Real Value of $11.62 per share. The current price of the fund is $12.04. We determine the value of Blackrock California 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 Blackrock California is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Blackrock Mutual Fund. However, Blackrock 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  12.04 Real  11.62 Hype  12.04 Naive  12.04
The intrinsic value of Blackrock 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 Blackrock 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.
11.62
Real Value
13.24
Upside
Estimating the potential upside or downside of Blackrock California Municipal helps investors to forecast how Blackrock 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 Blackrock California more accurately as focusing exclusively on Blackrock California's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.0312.0412.05
Details
Hype
Prediction
LowEstimatedHigh
11.8512.0412.23
Details
Naive
Forecast
LowNext ValueHigh
11.8612.0412.23
Details

About Blackrock California Valuation

Our relative valuation model uses a comparative analysis of Blackrock California. We calculate exposure to Blackrock California's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Blackrock California's related companies.
Under normal circumstances, the fund will invest at least 80 percent of its assets in California municipal bonds. At least 50 percent of its assets will be invested in investment grade securities. The fund may invest in both fixed rate and variable rate obligations. It may invest up to 50 percent of its assets in non-investment grade bonds.

Other Information on Investing in Blackrock Mutual Fund

Blackrock California financial ratios help investors to determine whether Blackrock 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 Blackrock with respect to the benefits of owning Blackrock California security.
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