California Muni Etf Analysis

CMF -  USA Etf  

USD 62.68  0.02  0.0319%

The latest indifference towards the small price fluctuations of California Muni Bond could raise concerns from shareholders as the entity it trading at a share price of 62.68 on 143,527 in volume. The fund administrators did not add any value to California Muni investors in May. However, most investors can still diversify their portfolios with California Muni Bond to hedge their inherited risk against high-volatility market scenarios. The etf standard deviation of daily returns for 90 days investing horizon is currently 0.1. The very small Etf volatility is a good signal to shareholders with longer-term investment horizons.
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The California Muni etf analysis report makes it easy to digest most publicly released information about California Muni and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. California stock analysis module also helps to analyze the California Muni price relationship with some important fundamental indicators such as market cap and management efficiency.

California Etf Analysis Notes

California Muni is is formed as Regulated Investment Company in the United States. ETF is managed and operated by State Street Bank and Trust Company. The fund has 1148 constituents with avarage daily trading value of 85.9 K. The fund charges 0.25 percent management fee with total expences of 0.25 percent of total asset. The fund holds about 98.08% of assets under management (AUM) in fixed income securities. California Muni Bond last dividend was 0.0891 per share. The investment seeks to track the investment results of the SP California AMT-Free Municipal Bond IndexTM. California Muni is traded on NYSEArca Exchange in the United States. For more info on California Muni Bond please contact the company at 800-474-2737.

Investment Allocations (%)

California Muni Bond Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. California Muni's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding California Muni Bond or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
California Muni Bond is unlikely to experience financial distress in the next 2 years
The fund holds about 98.08% of its assets under management (AUM) in fixed income securities

California Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as California Muni is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading California Muni Bond backward and forwards among themselves. California Muni's institutional investor refers to the entity that pools money to purchase California Muni's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Charles Schwab Investment Advisory IncFund Units4.3 M267.4 M
Note, although California Muni's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Management Efficiency

California Muni management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.

Institutional Etf Holders for California Muni

Technical Drivers

As of the 20th of June, California Muni shows the Downside Deviation of 0.1439, mean deviation of 0.0805, and Risk Adjusted Performance of 0.0101. California Muni Bond technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, 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 have collected data for nineteen technical drivers for California Muni Bond, which can be compared to its rivals. Please confirm California Muni Bond treynor ratio, and the relationship between the variance and potential upside to decide if California Muni Bond is priced correctly, providing market reflects its regular price of 62.68 per share.

California Muni Bond Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to California Muni Bond price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator. View also all equity analysis or get more info about mesa adaptive moving average overlap studies indicator.

California Muni Technical and Predictive Indicators

California Muni Forecast Models

California Muni time-series forecasting models is one of many California Muni's etf analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary California Muni's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About California Muni Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how California Muni stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling California shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as California Muni. By using and applying California Etf analysis, traders can create a robust methodology for identifying California entry and exit points for their positions.
The investment seeks to track the investment results of the SP California AMT-Free Municipal Bond IndexTM. California Muni is traded on NYSEArca Exchange in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding California Muni to your portfolios without increasing risk or reducing expected return.

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Continue to Trending Equities. Note that the California Muni Bond information on this page should be used as a complementary analysis to other California Muni's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for California Muni Etf analysis

When running California Muni Bond price analysis, check to measure California Muni's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy California Muni is operating at the current time. Most of California Muni's value examination focuses on studying past and present price action to predict the probability of California Muni's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move California Muni's price. Additionally, you may evaluate how the addition of California Muni to your portfolios can decrease your overall portfolio volatility.
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The market value of California Muni Bond is measured differently than its book value, which is the value of California that is recorded on the company's balance sheet. Investors also form their own opinion of California Muni's value that differs from its market value or its book value, called intrinsic value, which is California Muni's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because California Muni's market value can be influenced by many factors that don't directly affect California Muni Bond underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between California Muni's value and its price as these two are different measures arrived at by different means. Investors typically determine California Muni value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California Muni's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.