Vanguard California Financials
| VCAIX Fund | USD 11.49 0.02 0.17% |
Vanguard |
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.
Vanguard California Fund Summary
Vanguard California competes with Vanguard California, Vanguard Limited, Vanguard Short-term, Vanguard California, and Vanguard Intermediate-ter. The fund invests primarily in high-quality municipal bonds issued by California state and local governments, as well as by regional governmental and public financing authorities. At least 80 percent of its assets will be invested in securities whose income is exempt from federal and California state taxes. Although the fund has no limitations on the maturities of individual securities, its dollar-weighted average maturity is expected to be between 6 and 12 years. The fund is non-diversified.Specialization | Muni California Intermediate, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US9220213089 |
| Business Address | Vanguard California Tax-free |
| Mutual Fund Family | Vanguard |
| Mutual Fund Category | Muni California Intermediate |
| Benchmark | Dow Jones Industrial |
| Phone | 800 662 7447 |
| Currency | USD - US Dollar |
Vanguard Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vanguard California's current stock value. Our valuation model uses many indicators to compare Vanguard California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vanguard California competition to find correlations between indicators driving Vanguard California's intrinsic value. More Info.Vanguard California Intermediate Term 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 626.50 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 Vanguard California's earnings, one of the primary drivers of an investment's value.Vanguard California Systematic Risk
Vanguard California's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Vanguard California 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Vanguard California correlated with the market. If Beta is less than 0 Vanguard California generally moves in the opposite direction as compared to the market. If Vanguard California Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Vanguard California is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Vanguard California is generally in the same direction as the market. If Beta > 1 Vanguard California moves generally in the same direction as, but more than the movement of the benchmark.
Vanguard California December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Vanguard California help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Vanguard California Intermediate Term. We use our internally-developed statistical techniques to arrive at the intrinsic value of Vanguard California Intermediate Term based on widely used predictive technical indicators. In general, we focus on analyzing Vanguard Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vanguard California's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3115 | |||
| Information Ratio | (0.63) | |||
| Maximum Drawdown | 1.05 | |||
| Value At Risk | (0.35) | |||
| Potential Upside | 0.2646 |
Other Information on Investing in Vanguard Mutual Fund
Vanguard California financial ratios help investors to determine whether Vanguard 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 Vanguard with respect to the benefits of owning Vanguard California security.
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