Dnyax Valuation

DNYAX Fund   13.70  0.01  0.07%   
Dnyax shows a prevailing Real Value of USD13.21 per share. The current price of the fund is USD13.7. Our model computes the value of Dnyax from reviewing the entity technical indicators and probability of bankruptcy. In general, investors advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Overvalued
Today
13.70
Please note that Dnyax's price fluctuation is very steady at this time. Dnyax shows a prevailing Real Value of USD13.21 per share. The current price of the fund is USD13.7. Our model computes the value of Dnyax from reviewing the entity technical indicators and probability of bankruptcy. In general, investors advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Dnyax is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Dnyax Mutual Fund. However, Dnyax'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  13.7 Real  13.21 Hype  13.7 Naive  13.73
The intrinsic value of Dnyax'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 Dnyax'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.
13.21
Real Value
15.07
Upside
Estimating the potential upside or downside of Dnyax helps investors to forecast how Dnyax 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 Dnyax more accurately as focusing exclusively on Dnyax's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.6913.7013.71
Details
Hype
Prediction
LowEstimatedHigh
13.4513.7013.95
Details
Naive
Forecast
LowNext ValueHigh
13.4813.7313.98
Details

About Dnyax Valuation

Our relative valuation model uses a comparative analysis of Dnyax. We calculate exposure to Dnyax's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Dnyax's related companies.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal, New York State and New York City income taxes and the federal alternative minimum tax. It invests at least 70 percent of its assets in municipal bonds rated, at the time of purchase, investment grade or the unrated equivalent as determined by the funds sub-adviser. The fund is non-diversified.

Other Information on Investing in Dnyax Mutual Fund

Dnyax financial ratios help investors to determine whether Dnyax 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 Dnyax with respect to the benefits of owning Dnyax security.
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