New York Valuation
ANMCX Fund | USD 13.54 0.02 0.15% |
At this time, the fund appears to be overvalued. New York Municipal secures a last-minute Real Value of $12.97 per share. The latest price of the fund is $13.54. We determine the value of New York Municipal from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Overvalued
Today
Please note that New York's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. New York Municipal secures a last-minute Real Value of $12.97 per share. The latest price of the fund is $13.54. We determine the value of New York Municipal from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since New York is currently traded on the exchange, buyers and sellers on that exchange determine the market value of New Mutual Fund. However, New York'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 13.54 | Real 12.97 | Hype 13.52 | Naive 13.52 |
The intrinsic value of New York'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 New York'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 New York Municipal helps investors to forecast how New 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 New York more accurately as focusing exclusively on New York's fundamentals will not take into account other important factors: New York Total Value Analysis
New York Municipal is presently forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the New York fundamentals before making investing decisions based on enterprise value of the companyNew York Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of New suggests not a very effective usage of assets in November.About New York Valuation
Our relative valuation model uses a comparative analysis of New York. We calculate exposure to New York's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of New York's related companies.The fund invests at least 80 percent of its net assets in a portfolio of municipal securities issued by the State of New York or its political subdivisions, or otherwise exempt from New York state income tax. It invests at least 80 percent of its total assets in municipal securities rated A or better by NRSROs , to be of comparable quality and comparably rated municipal notes. The fund is non-diversified.
Other Information on Investing in New Mutual Fund
New York financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New York security.
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |