California Bond Financials
| USCBX Fund | USD 10.51 0.03 0.29% |
California |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
California Bond Fund Summary
California Bond competes with HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, and High-yield Municipal. The fund invests primarily in long-term investment-grade securities issued by the state of California, its political subdivisions, instrumentalities, and by other government entities, the interest on which is excludable from gross income for federal income tax and California state income tax purposes. During normal market conditions, at least 80 percent of the funds net assets will consist of California tax-exempt securities. Its dollar-weighted average portfolio maturity is not restricted, but is expected to be greater than 10 years.Specialization | Muni California Long, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US9032895024 |
| Business Address | Usaa Mutual Funds |
| Mutual Fund Family | Victory Capital |
| Mutual Fund Category | Muni California Long |
| Benchmark | Dow Jones Industrial |
| Phone | 800 235 8396 |
| Currency | USD - US Dollar |
California Bond Key Financial Ratios
California Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining California Bond's current stock value. Our valuation model uses many indicators to compare California Bond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across California Bond competition to find correlations between indicators driving California Bond's intrinsic value. More Info.California Bond Fund is presently regarded as number one fund in annual yield among similar funds. It also is presently regarded as number one fund in year to date return among similar funds creating about 392.55 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the California Bond's earnings, one of the primary drivers of an investment's value.California Bond Systematic Risk
California Bond's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. California Bond volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on California Bond correlated with the market. If Beta is less than 0 California Bond generally moves in the opposite direction as compared to the market. If California Bond Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one California Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of California Bond is generally in the same direction as the market. If Beta > 1 California Bond moves generally in the same direction as, but more than the movement of the benchmark.
California Bond Thematic Clasifications
California Bond Fund is part of several thematic ideas from Money Market Funds to Corporate Bonds Funds. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasCalifornia Bond Fund is presently regarded as number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni California Long category is currently estimated at about 56.74 Billion. California Bond maintains roughly 511.02 Million in net asset contributing less than 1% to funds under Muni California Long category.California Bond November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of California Bond help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of California Bond Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of California Bond Fund based on widely used predictive technical indicators. In general, we focus on analyzing California Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build California Bond's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4256 | |||
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 1.74 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.388 |
Other Information on Investing in California Mutual Fund
California Bond 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 Bond security.
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