1290 High Valuation

TNHRX Fund  USD 8.56  0.01  0.12%   
At this time, the entity appears to be overvalued. 1290 High Yield owns a latest Real Value of $7.86 per share. The recent price of the fund is $8.56. We determine the value of 1290 High Yield 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.
Overvalued
Today
8.56
Please note that 1290 High's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. 1290 High Yield owns a latest Real Value of $7.86 per share. The recent price of the fund is $8.56. We determine the value of 1290 High Yield 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 High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 1290 Mutual Fund. However, 1290 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  8.56 Real  7.86 Hype  8.56 Naive  8.54
The intrinsic value of 1290 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 1290 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.
7.86
Real Value
9.42
Upside
Estimating the potential upside or downside of 1290 High Yield 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 High more accurately as focusing exclusively on 1290 High's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.568.568.56
Details
Hype
Prediction
LowEstimatedHigh
8.448.568.68
Details
Naive
Forecast
LowNext ValueHigh
8.428.548.65
Details

1290 High Total Value Analysis

1290 High Yield is at this time projected 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 High fundamentals before making investing decisions based on enterprise value of the company

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

About 1290 High Valuation

Our relative valuation model uses a comparative analysis of 1290 High. We calculate exposure to 1290 High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of 1290 High's related companies.
Normally, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in a broad range of high-yield, below investment-grade bonds. The advisor expected that the fund will invest primarily in high-yield corporate bonds as well as floating rate loans, and participations in and assignments of loans.

Other Information on Investing in 1290 Mutual Fund

1290 High 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 High security.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Commodity Directory
Find actively traded commodities issued by global exchanges
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories