Technology Fund Valuation
| RYCHX Fund | USD 155.18 2.20 1.40% |
At this time, the fund appears to be overvalued. Technology Fund Class has a current Real Value of $150.16 per share. The regular price of the fund is $155.18. We determine the value of Technology Fund Class 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 Technology Fund's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Technology Fund Class has a current Real Value of $150.16 per share. The regular price of the fund is $155.18. We determine the value of Technology Fund Class 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 Technology Fund is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Technology Mutual Fund. However, Technology Fund'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 155.18 | Real 150.16 | Hype 155.18 |
The intrinsic value of Technology Fund'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 Technology Fund'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 Technology Fund Class helps investors to forecast how Technology 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 Technology Fund more accurately as focusing exclusively on Technology Fund's fundamentals will not take into account other important factors: Technology Fund Total Value Analysis
Technology Fund Class 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 Technology Fund fundamentals before making investing decisions based on enterprise value of the companyTechnology Fund 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 Technology suggests not a very effective usage of assets in December.About Technology Fund Valuation
Our relative valuation model uses a comparative analysis of Technology Fund. We calculate exposure to Technology Fund's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Technology Fund's related companies.Under normal circumstances, the fund invests substantially all of its net assets in equity securities of Technology Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Technology Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts to gain exposure to foreign Technology Companies and U.S. government securities.
Other Information on Investing in Technology Mutual Fund
Technology Fund financial ratios help investors to determine whether Technology 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 Technology with respect to the benefits of owning Technology Fund security.
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