Pace High Valuation
| PHDTX Fund | USD 9.00 0.01 0.11% |
At this time, the fund appears to be overvalued. Pace High Yield holds a recent Real Value of $8.26 per share. The prevailing price of the fund is $9.0. We determine the value of Pace High Yield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Overvalued
Today
Please note that Pace High's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Pace High Yield holds a recent Real Value of $8.26 per share. The prevailing price of the fund is $9.0. We determine the value of Pace High Yield from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support 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 Pace High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pace Mutual Fund. However, Pace High'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 9.0 | Real 8.26 | Hype 8.99 | Naive 9.0 |
The intrinsic value of Pace High'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 Pace High'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 Pace High Yield helps investors to forecast how Pace 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 Pace High more accurately as focusing exclusively on Pace High's fundamentals will not take into account other important factors: About Pace High Valuation
Our relative valuation model uses a comparative analysis of Pace High. We calculate exposure to Pace High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Pace High's related companies.Under normal circumstances, the fund invests at least 80 percent of its net assets in high yield fixed income securities that are rated below investment grade or considered to be of comparable quality. The fund may invest up to 10 percent of its total assets in U.S. andor non-U.S. senior secured bank loans which may be in the form of loan participations and assignments. It may invest in a number of different countries throughout the world, including the U.S., Europe and emerging market countries.
Other Information on Investing in Pace Mutual Fund
Pace High financial ratios help investors to determine whether Pace 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 Pace with respect to the benefits of owning Pace High security.
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