California Limited Term Tax Free Fund Manager Performance Evaluation
| SFCIX Fund | USD 10.21 0.01 0.1% |
The fund shows a Beta (market volatility) of -0.0398, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning California Limited are expected to decrease at a much lower rate. During the bear market, California Limited is likely to outperform the market.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in California Limited Term Tax Free are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, California Limited is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of November 2022 | |
| Expense Ratio | 0.8000 |
California |
California Limited Relative Risk vs. Return Landscape
If you would invest 1,018 in California Limited Term Tax Free on September 13, 2024 and sell it today you would earn a total of 3.00 from holding California Limited Term Tax Free or generate 0.29% return on investment over 90 days. California Limited Term Tax Free is currently producing 0.0047% returns and takes up 0.1123% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than California, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
California Limited Current Valuation
Fairly Valued
Today
Please note that California Limited's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. California Limited Term shows a prevailing Real Value of $10.16 per share. The current price of the fund is $10.21. We determine the value of California Limited Term 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 Limited is currently traded on the exchange, buyers and sellers on that exchange determine the market value of California Mutual Fund. However, California Limited'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 10.21 | Real 10.16 | Hype 10.22 | Naive 10.21 |
The intrinsic value of California Limited'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 Limited'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 Limited Term Tax Free 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 Limited more accurately as focusing exclusively on California Limited's fundamentals will not take into account other important factors: California Limited Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for California Limited's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as California Limited Term Tax Free, and traders can use it to determine the average amount a California Limited's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0421
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SFCIX |
Estimated Market Risk
| 0.11 actual daily | 0 100% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average California Limited is performing at about 3% of its full potential. 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 Limited by adding it to a well-diversified portfolio.
California Limited Fundamentals Growth
California Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of California Limited, and California Limited fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on California Mutual Fund performance.
| Total Asset | 77.16 M | ||||
About California Limited Performance
Evaluating California Limited's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if California Limited has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if California Limited has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of the funds net assets in municipal securities whose interest is exempt from federal income tax, including federal alternative minimum tax, and California individual income tax. It invests up to 20 percent of the funds net assets in securities whose interest is subject to federal income tax, including federal AMT. The fund invests up to 10 percent of the funds total assets in below investment-grade municipal securities and up to 10 percent of the funds total assets in inverse floaters.Things to note about California Limited Term performance evaluation
Checking the ongoing alerts about California Limited for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for California Limited Term help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 7.48% of its assets in cash |
- Analyzing California Limited's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether California Limited's stock is overvalued or undervalued compared to its peers.
- Examining California Limited's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating California Limited's management team can have a significant impact on its success or failure. Reviewing the track record and experience of California Limited's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of California Limited's mutual fund. These opinions can provide insight into California Limited's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in California Mutual Fund
California Limited 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 Limited security.
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