TNMAX Price to Earning

TNMAX
 Fund
  

USD 8.89  0.07  0.78%   

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 Earning Analysis

1290 MULTI-ALTERNATIV's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
More About Price to Earning | All Equity Analysis

Current 1290 MULTI-ALTERNATIV Price to Earning

    
  19.38 X  
Most of 1290 MULTI-ALTERNATIV's fundamental indicators, such as Price to Earning, 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.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Compare to competition

1290 MULTI-ALTERNATIV Price to Earning Component Assessment

Based on the latest financial disclosure, the price to earning indicator of 1290 MULTI-ALTERNATIVE STRATEGIES is roughly 19.38 times. This is much higher than that of the 1290 Funds family and significantly higher than that of the Multistrategy category. The price to earning for all United States funds is notably lower than that of the firm.

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Aroon Oscillator

Analyze current equity momentum using Aroon Oscillator and other momentum ratios
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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

About 1290 MULTI-ALTERNATIV Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 1290 MULTI-ALTERNATIVE STRATEGIES's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1290 MULTI-ALTERNATIV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1290 MULTI-ALTERNATIVE STRATEGIES based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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. 1290 Multi-Alternativ is traded on NASDAQ Exchange in the United States.

Be your own money manager

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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Currently Active Assets on Macroaxis

Additionally, take a look at 1290 MULTI-ALTERNATIV Piotroski F Score and 1290 MULTI-ALTERNATIV Altman Z Score analysis. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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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Please note, there is a significant difference between 1290 MULTI-ALTERNATIV's value and its price as these two are different measures arrived at by different means. Investors typically determine 1290 MULTI-ALTERNATIV value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1290 MULTI-ALTERNATIV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.