High Income Valuation

URHIX Fund  USD 6.90  0.01  0.15%   
At this time, the entity appears to be overvalued. High Income Fund retains a regular Real Value of $6.34 per share. The prevalent price of the fund is $6.9. We determine the value of High Income Fund from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Overvalued
Today
6.90
Please note that High Income's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. High Income Fund retains a regular Real Value of $6.34 per share. The prevalent price of the fund is $6.9. We determine the value of High Income Fund from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since High Income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of High Mutual Fund. However, High Income'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  6.9 Real  6.34 Hype  6.9 Naive  6.88
The intrinsic value of High Income'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 High Income'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.
6.34
Real Value
7.59
Upside
Estimating the potential upside or downside of High Income Fund helps investors to forecast how High 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 High Income more accurately as focusing exclusively on High Income's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.906.906.90
Details
Hype
Prediction
LowEstimatedHigh
6.756.907.05
Details
Naive
Forecast
LowNext ValueHigh
6.726.887.03
Details

High Income Total Value Analysis

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

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

About High Income Valuation

Our relative valuation model uses a comparative analysis of High Income. We calculate exposure to High Income's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of High Income's related companies.
The fund primarily invests its assets in a broad range of U.S. dollar-denominated high-yield securities, including bonds, convertible securities, leveraged loans, or preferred stocks, with an emphasis on non-investment-grade debt securities. Although the fund will invest primarily in U.S. securities, it may invest without limit in dollar-denominated foreign securities and to a limited extent in non-dollar-denominated foreign securities, including in each case emerging-markets securities.

Other Information on Investing in High Mutual Fund

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