Ab High Valuation

ABTHX Fund  USD 10.31  0.02  0.19%   
At this time, the entity appears to be fairly valued. Ab High Income owns a latest Real Value of $10.3 per share. The recent price of the fund is $10.31. We determine the value of Ab High Income from examining 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 future date, mutual fund prices and their ongoing real values will grow together.
Fairly Valued
Today
10.31
Please note that Ab High's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Ab High Income owns a latest Real Value of $10.3 per share. The recent price of the fund is $10.31. We determine the value of Ab High Income from examining 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 future date, mutual fund prices and their ongoing real values will grow together.
Since Ab High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ABTHX Mutual Fund. However, Ab High'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  10.31 Real  10.3 Hype  10.31 Naive  10.28
The intrinsic value of Ab High'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 Ab High'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.
10.30
Real Value
10.44
Upside
Estimating the potential upside or downside of Ab High Income helps investors to forecast how ABTHX 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 Ab High more accurately as focusing exclusively on Ab High's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.2310.3010.36
Details
Hype
Prediction
LowEstimatedHigh
10.1710.3110.45
Details
Naive
Forecast
LowNext ValueHigh
10.1410.2810.42
Details

About Ab High Valuation

Our relative valuation model uses a comparative analysis of Ab High. We calculate exposure to Ab High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Ab High's related companies.
The investment seeks to earn the highest level of current income, exempt from federal income tax, that is available consistent with what the Adviser considers to be an appropriate level of risk. Ab Municipal is traded on NASDAQ Exchange in the United States.

Other Information on Investing in ABTHX Mutual Fund

Ab High financial ratios help investors to determine whether ABTHX 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 ABTHX with respect to the benefits of owning Ab High security.
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