American Funds Tax Exempt CA C shows Mean Deviation of 0.065 and Risk Adjusted Performance of 0.1315. In respect to Fundamental Indicators, Macroaxis technical analysis interface gives you tools to check existing technical drivers of American Funds as well as the relationship between them. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found eighteen technical drivers for American Funds Tax Exempt CA C which can be compared to its rivals. Please confirm American Funds Tax Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if American Funds Tax is priced correctly providing market reflects its regular price of 17.29 per share.
|Horizon||30 Days Login to change|
American Funds Tax Technical Analysis
American Funds Tax Trend AnalysisUse this graph to draw trend lines for American Funds Tax Exempt CA C. You can use it to identify possible trend reversals for American Funds as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual American Funds price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
American Funds Best Fit Change LineThe following chart estimates an ordinary least squares regression model for American Funds Tax Exempt CA C applied against its price change over selected period. The best fit line has a slop of 0.004885 % which means American Funds Tax Exempt CA C will continue generating value for investors. It has 78 observation points and a regression sum of squares at 0.24, which is the sum of squared deviations for the predicted American Funds price change compared to its average price change.
|Risk Adjusted Performance||0.1315|
|Market Risk Adjusted Performance||1.04|
|Coefficient Of Variation||487.14|
|Total Risk Alpha||0.0166|
|Value At Risk||(0.12)|
|Expected Short fall||(0.10)|
American Funds Tax One Year Return
Based on recorded statements American Funds Tax Exempt CA C has One Year Return of 14.63%. This is 514.71% higher than that of the American Funds family, and significantly higher than that of Muni California Long category, The One Year Return for all funds is over 1000% lower than the firm.