Floating Rate Valuation
| JFIRX Fund | USD 7.70 0.01 0.13% |
At this time, the entity appears to be fairly valued. Floating Rate Income shows a prevailing Real Value of $7.68 per share. The current price of the fund is $7.7. We determine the value of Floating Rate Income from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Fairly Valued
Today
Please note that Floating Rate's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Floating Rate Income shows a prevailing Real Value of $7.68 per share. The current price of the fund is $7.7. We determine the value of Floating Rate Income from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Floating Rate is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Floating Mutual Fund. However, Floating Rate'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 7.7 | Real 7.68 | Hype 7.7 |
The intrinsic value of Floating Rate'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 Floating Rate'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 Floating Rate Income helps investors to forecast how Floating 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 Floating Rate more accurately as focusing exclusively on Floating Rate's fundamentals will not take into account other important factors: Floating Rate Total Value Analysis
Floating Rate Income is currently projected 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 Floating Rate fundamentals before making investing decisions based on enterprise value of the companyFloating Rate 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 Floating suggests not a very effective usage of assets in December.About Floating Rate Valuation
Our relative valuation model uses a comparative analysis of Floating Rate. We calculate exposure to Floating Rate's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Floating Rate's related companies.The fund will invest at least 80 percent of its net assets in floating-rate loans, which often include debt securities of domestic and foreign issuers that are rated below investment grade, at the time of purchase, or are of comparable quality, as determined by the manager, and other floating-rate securities. It may invest in domestic and foreign loans and loan participations that pay interest at rates that float or reset periodically at a margin above a generally recognized base lending rate such as the Prime Rate, the Secured Overnight Financing Rate, or another generally recognized base lending rate.
Other Information on Investing in Floating Mutual Fund
Floating Rate financial ratios help investors to determine whether Floating 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 Floating with respect to the benefits of owning Floating Rate security.
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