Guggenheim Taxable Municipal Etf Current Valuation
| GBAB Etf | USD 15.64 0.03 0.19% |
Valuation analysis of Guggenheim Taxable helps investors to measure Guggenheim Taxable's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Fundamental drivers impacting Guggenheim Taxable's valuation include:
Price Book 1.0121 | Price Sales 17.2026 | Trailing PE 16.7957 | Enterprise Value Revenue 22.4969 |
Overvalued
Today
Please note that Guggenheim Taxable's price fluctuation is very steady at this time. Calculation of the real value of Guggenheim Taxable is based on 3 months time horizon. Increasing Guggenheim Taxable's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Guggenheim Taxable is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Guggenheim Etf. However, Guggenheim Taxable'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 15.64 | Real 15.14 | Hype 15.68 | Naive 15.46 |
The real value of Guggenheim Etf, also known as its intrinsic value, is the underlying worth of Guggenheim Taxable ETF, which is reflected in its stock price. It is based on Guggenheim Taxable's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Guggenheim Taxable'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, or news.
Estimating the potential upside or downside of Guggenheim Taxable Municipal helps investors to forecast how Guggenheim etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Guggenheim Taxable more accurately as focusing exclusively on Guggenheim Taxable's fundamentals will not take into account other important factors: Guggenheim Taxable Municipal ETF Current Valuation Analysis
Guggenheim Taxable's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Guggenheim Taxable Municipal has a Current Valuation of 0.0. This indicator is about the same for the Capital Markets average (which is currently at 0.0) family and about the same as Financials (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Guggenheim Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Guggenheim Taxable's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Guggenheim Taxable could also be used in its relative valuation, which is a method of valuing Guggenheim Taxable by comparing valuation metrics of similar companies.Guggenheim Taxable is currently under evaluation in current valuation as compared to similar ETFs.
Guggenheim Fundamentals
| Shares Outstanding | 24.8 M | ||||
| Shares Owned By Institutions | 22.93 % | ||||
| Number Of Shares Shorted | 27.62 K | ||||
| Price To Earning | 9.55 X | ||||
| Price To Book | 1.01 X | ||||
| Price To Sales | 17.20 X | ||||
| Revenue | 22.52 M | ||||
| EBITDA | 29.43 M | ||||
| Net Income | 21.61 M | ||||
| Total Debt | 119.22 M | ||||
| Cash Flow From Operations | 14.74 M | ||||
| Short Ratio | 0.43 X | ||||
| Earnings Per Share | 0.93 X | ||||
| Beta | -0.01 | ||||
| Market Capitalization | 387.4 M | ||||
| Total Asset | 510.47 M | ||||
| Retained Earnings | (66.89 M) | ||||
| Annual Yield | 0.10 % | ||||
| Five Year Return | 6.76 % | ||||
| Net Asset | 510.47 M |
About Guggenheim Taxable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Guggenheim Taxable Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Guggenheim Taxable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Guggenheim Taxable Municipal based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
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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.Other Information on Investing in Guggenheim Etf
Guggenheim Taxable financial ratios help investors to determine whether Guggenheim Etf 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 Guggenheim with respect to the benefits of owning Guggenheim Taxable security.