Mmngx Valuation
MMNGX Fund | 18.66 0.06 0.32% |
Based on Macroaxis valuation methodology, the fund is undervalued. Mmngx secures a last-minute Real Value of USD19.2 per share. The latest price of the fund is USD18.66. Our model forecasts the value of Mmngx from analyzing the fund technical indicators and probability of bankruptcy. In general, investors 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.
Undervalued
Today
Please note that Mmngx's price fluctuation is very steady at this time. Based on Macroaxis valuation methodology, the fund is undervalued. Mmngx secures a last-minute Real Value of USD19.2 per share. The latest price of the fund is USD18.66. Our model forecasts the value of Mmngx from analyzing the fund technical indicators and probability of bankruptcy. In general, investors 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 Mmngx is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Mmngx Mutual Fund. However, Mmngx'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 18.66 | Real 19.2 | Hype 18.66 | Naive 19.09 |
The intrinsic value of Mmngx'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 Mmngx'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 Mmngx helps investors to forecast how Mmngx 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 Mmngx more accurately as focusing exclusively on Mmngx's fundamentals will not take into account other important factors: About Mmngx Valuation
Our relative valuation model uses a comparative analysis of Mmngx. We calculate exposure to Mmngx's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Mmngx's related companies.The fund invests primarily in equity securities of mid-capitalization companies that the funds subadvisers believe offer the potential for long-term growth. It invests at least 80 percent of its net assets in a broadly diversified portfolio of common stocks of mid-cap companies whose earnings the subadvisers expect to grow at a faster rate than the average company.
Other Information on Investing in Mmngx Mutual Fund
Mmngx financial ratios help investors to determine whether Mmngx 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 Mmngx with respect to the benefits of owning Mmngx security.
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