Eventide Core Valuation

ETCRX Fund  USD 8.20  0.06  0.74%   
At this time, the entity appears to be overvalued. Eventide Core Bond shows a prevailing Real Value of $8.01 per share. The current price of the fund is $8.2. We determine the value of Eventide Core Bond from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we 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
8.20
Please note that Eventide Core's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Eventide Core Bond shows a prevailing Real Value of $8.01 per share. The current price of the fund is $8.2. We determine the value of Eventide Core Bond from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we 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 Eventide Core is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Eventide Mutual Fund. However, Eventide Core'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  8.2 Real  8.01 Hype  8.2 Naive  8.2
The intrinsic value of Eventide Core'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 Eventide Core'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.
8.01
Real Value
8.29
Upside
Estimating the potential upside or downside of Eventide Core Bond helps investors to forecast how Eventide 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 Eventide Core more accurately as focusing exclusively on Eventide Core's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.098.148.19
Details
Hype
Prediction
LowEstimatedHigh
7.928.208.48
Details
Naive
Forecast
LowNext ValueHigh
7.928.208.47
Details

About Eventide Core Valuation

Our relative valuation model uses a comparative analysis of Eventide Core. We calculate exposure to Eventide Core's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Eventide Core's related companies.
The fund seeks to achieve its objective through investments in income-producing securities issued by entities deemed by the Adviser to be serving well the needs of customers, employees, suppliers, communities, the environment, and society broadly. The fund may invest in bonds of any maturity and, under normal market conditions, the bonds held by the fund have a weighted average duration between three years and nine years.

Other Information on Investing in Eventide Mutual Fund

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