Tax Exempt Valuation
RTECX Fund | USD 21.97 0.02 0.09% |
At this time, the fund appears to be overvalued. Tax Exempt Bond has a current Real Value of $21.41 per share. The regular price of the fund is $21.97. We determine the value of Tax Exempt Bond from inspecting 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 draw towards each other.
Overvalued
Today
Please note that Tax Exempt's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Tax Exempt Bond has a current Real Value of $21.41 per share. The regular price of the fund is $21.97. We determine the value of Tax Exempt Bond from inspecting 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 draw towards each other.
Since Tax Exempt is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tax Mutual Fund. However, Tax Exempt'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 21.97 | Real 21.41 | Hype 21.97 | Naive 21.87 |
The intrinsic value of Tax Exempt'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 Tax Exempt'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 Tax Exempt Bond Fund helps investors to forecast how Tax 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 Tax Exempt more accurately as focusing exclusively on Tax Exempt's fundamentals will not take into account other important factors: Tax Exempt Total Value Analysis
Tax Exempt Bond 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 Tax Exempt fundamentals before making investing decisions based on enterprise value of the companyTax Exempt 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 Tax suggests not a very effective usage of assets in December.About Tax Exempt Valuation
Our relative valuation model uses a comparative analysis of Tax Exempt. We calculate exposure to Tax Exempt's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Tax Exempt's related companies.The fund has a fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net assets plus borrowings for investment purposes in investments the income from which is exempt from federal income tax. The fund may invest up to 20 percent of the value of its net assets plus borrowings for investment purposes in municipal debt securities the income on which is subject to federal income tax.
Other Information on Investing in Tax Mutual Fund
Tax Exempt financial ratios help investors to determine whether Tax 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 Tax with respect to the benefits of owning Tax Exempt security.
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