1290 Multi Valuation

TNMIX Fund  USD 9.70  0.04  0.41%   
At this time, the entity appears to be fairly valued. 1290 Multi Alternative owns a latest Real Value of $9.56 per share. The recent price of the fund is $9.7. We determine the value of 1290 Multi Alternative 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.
Fairly Valued
Today
9.70
Please note that 1290 Multi's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. 1290 Multi Alternative owns a latest Real Value of $9.56 per share. The recent price of the fund is $9.7. We determine the value of 1290 Multi Alternative 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 Multi is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 1290 Mutual Fund. However, 1290 Multi'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  9.7 Real  9.56 Hype  9.53 Naive  9.56
The intrinsic value of 1290 Multi'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 Multi'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.
9.56
Real Value
9.90
Upside
Estimating the potential upside or downside of 1290 Multi Alternative Strategies 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 Multi more accurately as focusing exclusively on 1290 Multi's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.539.669.78
Details
Hype
Prediction
LowEstimatedHigh
9.199.539.87
Details
Naive
Forecast
LowNext ValueHigh
9.219.569.90
Details

1290 Multi Total Value Analysis

1290 Multi Alternative Strategies 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 1290 Multi fundamentals before making investing decisions based on enterprise value of the company

1290 Multi 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 December.

About 1290 Multi Valuation

Our relative valuation model uses a comparative analysis of 1290 Multi. We calculate exposure to 1290 Multi's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of 1290 Multi's related companies.
The fund pursues its investment objective by investing in exchange-traded securities of other investment companies or investment vehicles comprising various asset categories and strategies. Under normal market conditions, the fund allocates substantially all of its assets to Underlying ETFs that invest primarily in non-traditional asset categories and strategies. The fund seeks to invest its assets among the Underlying ETFs to achieve a diversified exposure across multiple alternative asset categories and strategies.

Other Information on Investing in 1290 Mutual Fund

1290 Multi 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 Multi security.
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