Morningstar Municipal Valuation

MSTPX Fund  USD 9.91  0.02  0.20%   
At this time, the fund appears to be fairly valued. Morningstar Municipal secures a last-minute Real Value of $9.82 per share. The latest price of the fund is $9.91. We determine the value of Morningstar Municipal from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Fairly Valued
Today
9.91
Please note that Morningstar Municipal's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Morningstar Municipal secures a last-minute Real Value of $9.82 per share. The latest price of the fund is $9.91. We determine the value of Morningstar Municipal from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Morningstar Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Morningstar Mutual Fund. However, Morningstar Municipal'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  9.91 Real  9.82 Hype  9.93 Naive  9.93
The intrinsic value of Morningstar Municipal'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 Morningstar Municipal'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.
9.82
Real Value
9.99
Upside
Estimating the potential upside or downside of Morningstar Municipal Bond helps investors to forecast how Morningstar 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 Morningstar Municipal more accurately as focusing exclusively on Morningstar Municipal's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.889.9510.03
Details
Hype
Prediction
LowEstimatedHigh
9.769.9310.10
Details
Naive
Forecast
LowNext ValueHigh
9.769.9310.11
Details

About Morningstar Municipal Valuation

Our relative valuation model uses a comparative analysis of Morningstar Municipal. We calculate exposure to Morningstar Municipal's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Morningstar Municipal's related companies.
The fund will invest at least 80 percent of its net assets, plus borrowings for investment purposes, in securities of municipal issuers within the United States and its territories, the income of which is exempt from U.S. taxation. The Advisor intends to invest primarily in investment-grade municipal securities. The fund may also invest in derivatives, including options, futures, swaps, and inverse floating-rate debt instruments , for risk management purposes or as part of its investment strategies.

Other Information on Investing in Morningstar Mutual Fund

Morningstar Municipal financial ratios help investors to determine whether Morningstar 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 Morningstar with respect to the benefits of owning Morningstar Municipal security.
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