Nova Fund Valuation
| RYNCX Fund | USD 107.88 0.48 0.45% |
At this time, the fund appears to be overvalued. Nova Fund Class secures a last-minute Real Value of $97.09 per share. The latest price of the fund is $107.88. We determine the value of Nova Fund Class 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
Please note that Nova Fund's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Nova Fund Class secures a last-minute Real Value of $97.09 per share. The latest price of the fund is $107.88. We determine the value of Nova Fund Class 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 Nova Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nova Mutual Fund. However, Nova 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 107.88 | Real 97.09 | Hype 107.88 | Naive 106.46 |
The intrinsic value of Nova 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 Nova 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 Nova Fund Class helps investors to forecast how Nova 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 Nova Fund more accurately as focusing exclusively on Nova Fund's fundamentals will not take into account other important factors: Nova Fund Total Value Analysis
Nova 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 Nova Fund fundamentals before making investing decisions based on enterprise value of the companyNova 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 Nova suggests not a very effective usage of assets in November.About Nova Fund Valuation
Our relative valuation model uses a comparative analysis of Nova Fund. We calculate exposure to Nova Fund's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nova Fund's related companies.The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and leveraged derivative instruments. The index is a capitalization-weighted index composed of 500 common stocks, which are chosen by the Standard Poors Corporation on a statistical basis, and which generally represent large-capitalization companies with capitalizations ranging from 6.7 billion to 3. The fund is non-diversified.
Other Information on Investing in Nova Mutual Fund
Nova Fund financial ratios help investors to determine whether Nova 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 Nova with respect to the benefits of owning Nova Fund security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |