Banking Fund Valuation
| RYKAX Fund | USD 97.70 0.43 0.44% |
At this time, the entity appears to be undervalued. Banking Fund Class shows a prevailing Real Value of $105.52 per share. The current price of the fund is $97.7. We determine the value of Banking Fund Class 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.
Undervalued
Today
Please note that Banking Fund's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Banking Fund Class shows a prevailing Real Value of $105.52 per share. The current price of the fund is $97.7. We determine the value of Banking Fund Class 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 Banking Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Banking Mutual Fund. However, Banking Fund'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 97.7 | Real 105.52 | Hype 97.7 | Naive 98.05 |
The intrinsic value of Banking Fund'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 Banking Fund'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 Banking Fund Class helps investors to forecast how Banking 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 Banking Fund more accurately as focusing exclusively on Banking Fund's fundamentals will not take into account other important factors: Banking Fund Total Value Analysis
Banking Fund Class 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 Banking Fund fundamentals before making investing decisions based on enterprise value of the companyBanking Fund 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 Banking suggests not a very effective usage of assets in December.About Banking Fund Valuation
Our relative valuation model uses a comparative analysis of Banking Fund. We calculate exposure to Banking Fund's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Banking Fund's related companies.The fund invests substantially all of its net assets in equity securities of Banking Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Banking Companies that have small to mid-sized capitalizations.
Other Information on Investing in Banking Mutual Fund
Banking Fund financial ratios help investors to determine whether Banking 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 Banking with respect to the benefits of owning Banking Fund security.
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