Summit Global Valuation
| SGICX Fund | USD 16.71 0.11 0.66% |
At this time, the fund appears to be overvalued. Summit Global Investments has a current Real Value of $15.88 per share. The regular price of the fund is $16.71. We determine the value of Summit Global Investments from inspecting 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 draw towards each other.
Overvalued
Today
Please note that Summit Global's price fluctuation is not too volatile at this time. At this time, the fund appears to be overvalued. Summit Global Investments has a current Real Value of $15.88 per share. The regular price of the fund is $16.71. We determine the value of Summit Global Investments from inspecting 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 draw towards each other.
Since Summit Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Summit Mutual Fund. However, Summit Global'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 16.71 | Real 15.88 | Hype 16.71 |
The intrinsic value of Summit Global'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 Summit Global'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 Summit Global Investments helps investors to forecast how Summit 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 Summit Global more accurately as focusing exclusively on Summit Global's fundamentals will not take into account other important factors: Summit Global Total Value Analysis
Summit Global Investments is at this time forecasted 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 Summit Global fundamentals before making investing decisions based on enterprise value of the companySummit Global 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 Summit suggests not a very effective usage of assets in January.About Summit Global Valuation
Our relative valuation model uses a comparative analysis of Summit Global. We calculate exposure to Summit Global's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Summit Global's related companies.The fund normally invests at least 80 percent of its net assets in equity securities, primarily common stocks, of companies within the Russell 1000 Index and SP 500 Index. Its investments will generally consist of securities, which may include common stocks, preferred stocks, warrants to acquire common stock, and securities convertible into common stock. The fund purchases equity securities traded in the U.S. on registered exchanges or the over-the-counter market.
Other Information on Investing in Summit Mutual Fund
Summit Global financial ratios help investors to determine whether Summit 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 Summit with respect to the benefits of owning Summit Global security.
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