1290 Funds Fund Net Asset
| ESCFX Fund | USD 11.17 0.09 0.80% |
1290 Funds fundamentals help investors to digest information that contributes to 1290 Funds' financial success or failures. It also enables traders to predict the movement of 1290 Mutual Fund. The fundamental analysis module provides a way to measure 1290 Funds' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 1290 Funds mutual fund.
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1290 Funds Mutual Fund Net Asset Analysis
1290 Funds' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current 1290 Funds Net Asset | 55.8 M |
Most of 1290 Funds' fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 1290 Funds is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, 1290 Funds has a Net Asset of 55.8 M. This is much higher than that of the 1290 Funds family and significantly higher than that of the Small Growth category. The net asset for all United States funds is notably lower than that of the firm.
1290 Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 1290 Funds' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of 1290 Funds could also be used in its relative valuation, which is a method of valuing 1290 Funds by comparing valuation metrics of similar companies.1290 Funds is currently under evaluation in net asset among similar funds.
1290 Fundamentals
| Year To Date Return | 2.72 % | ||||
| One Year Return | 9.52 % | ||||
| Net Asset | 55.8 M |
About 1290 Funds Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 1290 Funds 's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1290 Funds using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1290 Funds based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 1290 Funds . Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the 1290 Funds information on this page should be used as a complementary analysis to other 1290 Funds' 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 the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.