1290 Smartbeta Valuation

TNBAX Fund  USD 19.93  0.07  0.35%   
At this time, the entity appears to be fairly valued. 1290 Smartbeta Equity owns a latest Real Value of $19.78 per share. The recent price of the fund is $19.93. We determine the value of 1290 Smartbeta Equity from evaluating 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, sooner or later, mutual fund prices and their ongoing real values will grow together.
Fairly Valued
Today
19.93
Please note that 1290 Smartbeta's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. 1290 Smartbeta Equity owns a latest Real Value of $19.78 per share. The recent price of the fund is $19.93. We determine the value of 1290 Smartbeta Equity from evaluating 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, sooner or later, mutual fund prices and their ongoing real values will grow together.
Since 1290 Smartbeta is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 1290 Mutual Fund. However, 1290 Smartbeta'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  19.93 Real  19.78 Hype  19.93 Naive  19.89
The intrinsic value of 1290 Smartbeta'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 1290 Smartbeta'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.
19.78
Real Value
20.35
Upside
Estimating the potential upside or downside of 1290 Smartbeta Equity helps investors to forecast how 1290 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 1290 Smartbeta more accurately as focusing exclusively on 1290 Smartbeta's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.2019.6520.10
Details
Hype
Prediction
LowEstimatedHigh
19.3619.9320.50
Details
Naive
Forecast
LowNext ValueHigh
19.3219.8920.45
Details

1290 Smartbeta Total Value Analysis

1290 Smartbeta Equity 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 1290 Smartbeta fundamentals before making investing decisions based on enterprise value of the company

1290 Smartbeta 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 1290 suggests not a very effective usage of assets in November.

About 1290 Smartbeta Valuation

Our relative valuation model uses a comparative analysis of 1290 Smartbeta. We calculate exposure to 1290 Smartbeta's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of 1290 Smartbeta's related companies.
Under normal market conditions, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities. It invests primarily in equity securities of U.S. companies and foreign companies in developed markets. Equity securities in which the fund may invest include common stocks, preferred stocks, warrants, American Depositary Receipts and similar instruments.

Other Information on Investing in 1290 Mutual Fund

1290 Smartbeta financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Smartbeta security.
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