New York Valuation

PNYIX Fund  USD 10.92  0.02  0.18%   
At this time, the fund appears to be overvalued. New York Municipal secures a last-minute Real Value of $10.63 per share. The latest price of the fund is $10.92. 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
10.92
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 $10.63 per share. The latest price of the fund is $10.92. 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  10.92 Real  10.63 Hype  10.92 Naive  10.91
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.
10.63
Real Value
12.01
Upside
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:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.8110.8610.91
Details
Hype
Prediction
LowEstimatedHigh
10.7010.9211.14
Details
Naive
Forecast
LowNext ValueHigh
10.6910.9111.13
Details

New York Total Value Analysis

New York Municipal is at this time 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 company

New 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 normally invests at least 80 percent of its assets in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from regular federal income tax and New York income tax . It may invest without limitation in private activity bonds whose interest is a tax-preference item for purposes of the federal alternative minimum tax . The fund may invest in derivative instruments. It 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.
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