New Jersey Valuation

NJTFX Fund  USD 11.48  0.03  0.26%   
At this time, the fund appears to be overvalued. New Jersey Tax secures a last-minute Real Value of $11.18 per share. The latest price of the fund is $11.48. We determine the value of New Jersey Tax 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
11.48
Please note that New Jersey's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. New Jersey Tax secures a last-minute Real Value of $11.18 per share. The latest price of the fund is $11.48. We determine the value of New Jersey Tax 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 Jersey is currently traded on the exchange, buyers and sellers on that exchange determine the market value of New Mutual Fund. However, New Jersey'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  11.48 Real  11.18 Hype  11.48
The intrinsic value of New Jersey'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 Jersey'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.
11.18
Real Value
12.63
Upside
Estimating the potential upside or downside of New Jersey Tax Free 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 Jersey more accurately as focusing exclusively on New Jersey's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
11.2511.4811.71
Details

New Jersey Total Value Analysis

New Jersey Tax Free is now 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 Jersey fundamentals before making investing decisions based on enterprise value of the company

New Jersey 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 Jersey Valuation

Our relative valuation model uses a comparative analysis of New Jersey. We calculate exposure to New Jersey's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of New Jersey's related companies.
The fund will invest so that, under normal market conditions, at least 80 percent of its net assets are invested in bonds that pay interest exempt from federal and New Jersey state income taxes, and at least 80 percent of the funds income is expected to be exempt from federal and New Jersey state income taxes. It is non-diversified.

Other Information on Investing in New Mutual Fund

New Jersey 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 Jersey security.
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