American High Valuation

RITAX Fund  USD 9.84  0.02  0.20%   
At this time, the entity appears to be overvalued. American High Income shows a prevailing Real Value of $9.04 per share. The current price of the fund is $9.84. We determine the value of American High Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Overvalued
Today
9.84
Please note that American High's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. American High Income shows a prevailing Real Value of $9.04 per share. The current price of the fund is $9.84. We determine the value of American High Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since American High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of American Mutual Fund. However, American High'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  9.84 Real  9.04 Hype  9.84 Naive  9.8
The intrinsic value of American High'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 American High'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.
9.04
Real Value
10.82
Upside
Estimating the potential upside or downside of American High Income helps investors to forecast how American 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 American High more accurately as focusing exclusively on American High's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.849.849.84
Details
Hype
Prediction
LowEstimatedHigh
9.689.8410.00
Details
Naive
Forecast
LowNext ValueHigh
9.639.809.96
Details

American High Total Value Analysis

American High Income 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 American High fundamentals before making investing decisions based on enterprise value of the company

American High 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 American suggests not a very effective usage of assets in November.

About American High Valuation

Our relative valuation model uses a comparative analysis of American High. We calculate exposure to American High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of American High's related companies.
The fund invests primarily in higher yielding and generally lower quality debt securities , including corporate loan obligations. It may also invest a portion of its assets in securities of issuers domiciled outside the United States.

Other Information on Investing in American Mutual Fund

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