American High-income Valuation

ABHFX Fund  USD 15.59  0.02  0.13%   
At this time, the entity appears to be fairly valued. American High Income shows a prevailing Real Value of $15.55 per share. The current price of the fund is $15.59. We determine the value of American High Income 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.
Fairly Valued
Today
15.59
Please note that American High-income's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. American High Income shows a prevailing Real Value of $15.55 per share. The current price of the fund is $15.59. We determine the value of American High Income 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 American High-income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of American Mutual Fund. However, American 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  15.59 Real  15.55 Hype  15.59 Naive  15.57
The intrinsic value of American 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 American 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.
15.55
Real Value
15.81
Upside
Estimating the potential upside or downside of American High Income Municipal helps investors to forecast how American 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 American High-income more accurately as focusing exclusively on American High-income's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.3715.4615.55
Details
Hype
Prediction
LowEstimatedHigh
15.3315.5915.85
Details
Naive
Forecast
LowNext ValueHigh
15.3115.5715.83
Details

American High-income Total Value Analysis

American High Income Municipal is presently 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 American High-income fundamentals before making investing decisions based on enterprise value of the company

American 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 American suggests not a very effective usage of assets in December.

About American High-income Valuation

Our relative valuation model uses a comparative analysis of American High-income. We calculate exposure to American High-income's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of American High-income's related companies.
Under normal circumstances, the fund will invest at least 80 percent of its assets in, or derive at least 80 percent of its income from, securities that are exempt from regular federal income tax and may subject the investors to alternative minimum tax. It may invest, without limitation, in securities that may subject the investors to federal alternative minimum tax. The fund invests at least 50 percent of its portfolio in debt securities rated BBB or below or Baa1 or below, or unrated but determined by the funds investment adviser to be of equivalent quality.

Other Information on Investing in American Mutual Fund

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