TNMAX Mutual Fund Valuation

TNMAX
 Fund
  

USD 8.84  0.05  0.56%   

Do you wonder what the value of 1290 MULTI-ALTERNATIVE is? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as 1290 MULTI-ALTERNATIV, is its stock price multiplied by the total number of shares outstanding, calculating 1290 MULTI-ALTERNATIV's enterprise value requires a different approach. It uses 1290 MULTI-ALTERNATIV's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
1290 MULTI-ALTERNATIVE owns a latest Real Value of $8.84 per share. The recent price of the fund is $8.84. At this time, the entity appears to be fairly valued. 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.
  
1290 MULTI-ALTERNATIV Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as 1290 MULTI-ALTERNATIV's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Fairly Valued
Today 8.84
Please note that 1290 MULTI-ALTERNATIV's price fluctuation is very steady at this time.
1290 MULTI-ALTERNATIVE owns a latest Real Value of $8.84 per share. The recent price of the fund is $8.84. At this time, the entity appears to be fairly valued. 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.
Our valuation method for 1290 MULTI-ALTERNATIVE STRATEGIES is useful when determining the fair value of the TNMAX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of 1290 MULTI-ALTERNATIV. Since 1290 MULTI-ALTERNATIV is currently traded on the exchange, buyers and sellers on that exchange determine the market value of TNMAX Mutual Fund. However, 1290 MULTI-ALTERNATIV'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.
8.84
Real Value
9.52
Upside
Estimating the potential upside or downside of 1290 MULTI-ALTERNATIVE STRATEGIES helps investors to forecast how TNMAX 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-ALTERNATIV more accurately as focusing exclusively on 1290 MULTI-ALTERNATIV's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.678.849.00
Details
Hype
Prediction
LowEstimated ValueHigh
8.168.849.52
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.070.070.07
Details

1290 MULTI-ALTERNATIV Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining 1290 MULTI-ALTERNATIV's current stock value. Our valuation model uses many indicators to compare 1290 MULTI-ALTERNATIV value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 1290 MULTI-ALTERNATIV competition to find correlations between indicators driving 1290 MULTI-ALTERNATIV's intrinsic value. More Info.
1290 MULTI-ALTERNATIVE STRATEGIES is rated top fund in price to sales among similar funds. It is rated top fund in cash position weight among similar funds creating about  25.26  of Cash Position Weight per Price to Sales. . Comparative valuation analysis is a catch-all model that can be used if you cannot value 1290 MULTI-ALTERNATIV by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for 1290 MULTI-ALTERNATIV's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 1290 MULTI-ALTERNATIV's earnings, one of the primary drivers of an investment's value.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates 1290 MULTI-ALTERNATIV's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in 1290 MULTI-ALTERNATIV and how it compares across the competition.

About 1290 MULTI-ALTERNATIV Valuation

The fund valuation mechanism determines the current worth of 1290 MULTI-ALTERNATIVE STRATEGIES on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of 1290 MULTI-ALTERNATIVE STRATEGIES. In general, an absolute valuation paradigm, as applied to this mutual fund, attempts to find the value of 1290 MULTI-ALTERNATIVE based exclusively on its fundamental and basic technical indicators. By analyzing 1290 MULTI-ALTERNATIV's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of 1290 MULTI-ALTERNATIV's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of 1290 MULTI-ALTERNATIV. We calculate exposure to 1290 MULTI-ALTERNATIV's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to 1290 MULTI-ALTERNATIV'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. 1290 Multi-Alternativ is traded on NASDAQ Exchange in the United States.
1290 MULTI-ALTERNATIV's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether 1290 MULTI-ALTERNATIV's value is low or high relative to the company's performance and growth projections. Determining the market value of 1290 MULTI-ALTERNATIV can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of 1290 MULTI-ALTERNATIV represents a small ownership stake in the entity. As a stockholder of TNMAX, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

1290 MULTI-ALTERNATIV Dividends Analysis For Valuation

Please note that 1290 MULTI-ALTERNATIV has scaled down on payment of dividends at this time.
There are various types of dividends 1290 MULTI-ALTERNATIV can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of TNMAX shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from 1290 MULTI-ALTERNATIVE STRATEGIES directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When TNMAX pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of 1290 MULTI-ALTERNATIV by the value of the dividends paid out.

1290 MULTI-ALTERNATIV Valuation Growth Rates

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as 1290 MULTI-ALTERNATIV does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Annual Report Expense Ratio1.66%
Additionally, take a look at 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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.