TNMAX Price to Book

1290 MULTI-ALTERNATIVE STRATEGIES fundamentals help investors to digest information that contributes to 1290 MULTI-ALTERNATIV's financial success or failures. It also enables traders to predict the movement of TNMAX Mutual Fund. The fundamental analysis module provides a way to measure 1290 MULTI-ALTERNATIV's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 1290 MULTI-ALTERNATIV mutual fund.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

TNMAX Price to Book Analysis

1290 MULTI-ALTERNATIV's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
P/B 
 = 
MV Per Share 
BV Per Share 
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Current 1290 MULTI-ALTERNATIV Price to Book

    
  1.84 X  
Most of 1290 MULTI-ALTERNATIV's fundamental indicators, such as Price to Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 1290 MULTI-ALTERNATIVE STRATEGIES is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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1290 MULTI-ALTERNATIV Price to Book Component Assessment

Based on the latest financial disclosure, the price to book indicator of 1290 MULTI-ALTERNATIVE STRATEGIES is roughly 1.84 times. This is much higher than that of the 1290 Funds family and significantly higher than that of the Multistrategy category. The price to book for all United States funds is notably lower than that of the firm.

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Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
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Fund Asset Allocation for 1290 MULTI-ALTERNATIV

The fund invests 29.95% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (15.04%) , cash (39.15%) and various exotic instruments.
   Value   
       Instrument Type  

TNMAX Fundamentals

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Our tools can tell you how much better you can do entering a position in 1290 MULTI-ALTERNATIV without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Portfolio Optimization

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Currently Active Assets on Macroaxis

Check out World Market Map. Note that the 1290 MULTI-ALTERNATIVE information on this page should be used as a complementary analysis to other 1290 MULTI-ALTERNATIV's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Other Tools for TNMAX Mutual Fund

When running 1290 MULTI-ALTERNATIVE price analysis, check to measure 1290 MULTI-ALTERNATIV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 1290 MULTI-ALTERNATIV is operating at the current time. Most of 1290 MULTI-ALTERNATIV's value examination focuses on studying past and present price action to predict the probability of 1290 MULTI-ALTERNATIV's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 1290 MULTI-ALTERNATIV's price. Additionally, you may evaluate how the addition of 1290 MULTI-ALTERNATIV to your portfolios can decrease your overall portfolio volatility.
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