California Intermediate Term Tax Free Fund Price on November 5, 2024
| BCITX Fund | USD 11.14 0.02 0.18% |
Below is the normalized historical share price chart for California Intermediate Term Tax Free extending back to May 15, 1986. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of California Intermediate stands at 11.14, as last reported on the 24th of December, with the highest price reaching 11.14 and the lowest price hitting 11.14 during the day.
If you're considering investing in California Mutual Fund, it is important to understand the factors that can impact its price. California Intermediate secures Sharpe Ratio (or Efficiency) of -0.085, which signifies that the fund had a -0.085% return per unit of risk over the last 3 months. California Intermediate Term Tax Free exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm California Intermediate's Mean Deviation of 0.1368, risk adjusted performance of (0.09), and Standard Deviation of 0.209 to double-check the risk estimate we provide.
California Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
California |
Sharpe Ratio = -0.085
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BCITX |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average California Intermediate is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of California Intermediate by adding California Intermediate to a well-diversified portfolio.
California Intermediate Valuation on November 5, 2024
It is possible to determine the worth of California Intermediate on a given historical date. On November 5, 2024 California was worth 11.2 at the beginning of the trading date compared to the closed value of 11.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of California Intermediate mutual fund. Still, in general, we apply an absolute valuation method to find California Intermediate's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of California Intermediate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against California Intermediate's related companies.
| Open | High | Low | Close | Volume | |
| 11.20 | 11.20 | 11.20 | 11.20 | 1.00 | |
11/05/2024 | 11.20 | 11.20 | 11.20 | 11.20 | 1.00 |
| 11.12 | 11.12 | 11.12 | 11.12 | 1.00 |
| Backtest California Intermediate | | | California Intermediate History | | | California Intermediate Valuation | Previous | Next |
California Intermediate Trading Date Momentum on November 5, 2024
| On November 06 2024 California Intermediate Term Tax Free was traded for 11.12 at the closing time. The highest daily price throughout the period was 11.12 and the lowest price was 11.12 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.71% . The overall trading delta to current closing price is 0.09% . |
California Intermediate Fundamentals Correlations and Trends
By evaluating California Intermediate's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among California Intermediate's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. California financial account trend analysis is a perfect complement when working with valuation or volatility modules.About California Intermediate Mutual Fund history
California Intermediate investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for California is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in California Intermediate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing California Intermediate stock prices may prove useful in developing a viable investing in California Intermediate
The portfolio managers primarily buy investment-grade debt securities and, under normal market conditions, will invest at least 80 percent of the funds net assets in debt securities that have interest payments exempt from federal and California income taxes. Cities, counties and other municipalities in California and U.S. territories, such as Puerto Rico, issue these securities. The funds weighted average maturity will be not less than three years nor more than ten years. However, there is no maturity limit on individual securities.
California Intermediate Mutual Fund Technical Analysis
California Intermediate 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.
Price Boundaries
California Intermediate Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
California Intermediate Term Tax Free cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
California Intermediate December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how California Intermediate mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading California Intermediate shares will generate the highest return on investment. By undertsting and applying California Intermediate mutual fund market strength indicators, traders can identify California Intermediate Term Tax Free entry and exit signals to maximize returns
California Intermediate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for California Intermediate's price direction in advance. Along with the technical and fundamental analysis of California Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of California to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.68) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in California Mutual Fund
California Intermediate 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 Intermediate security.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |