Abrdn Physical Precious Etf Current Valuation
| GLTR Etf | USD 111.84 0.25 0.22% |
Valuation analysis of abrdn Physical Precious helps investors to measure Abrdn Physical's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Abrdn Physical's price fluctuation is very steady at this time. Calculation of the real value of abrdn Physical Precious is based on 3 months time horizon. Increasing Abrdn Physical's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Abrdn etf is determined by what a typical buyer is willing to pay for full or partial control of abrdn Physical Precious. Since Abrdn Physical is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Abrdn Etf. However, Abrdn Physical'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 111.84 | Real 103.28 | Hype 111.75 |
The intrinsic value of Abrdn Physical'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 Abrdn Physical'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 abrdn Physical Precious helps investors to forecast how Abrdn 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 Abrdn Physical more accurately as focusing exclusively on Abrdn Physical's fundamentals will not take into account other important factors: abrdn Physical Precious ETF Current Valuation Analysis
Abrdn Physical'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, abrdn Physical Precious has a Current Valuation of 0.0. This indicator is about the same for the Aberdeen Standard Investments average (which is currently at 0.0) family and about the same as Commodities Focused (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Abrdn Fundamentals
| Number Of Employees | 164 | |||
| Beta | 0.29 | |||
| Total Asset | 964.35 M | |||
| One Year Return | 22.50 % | |||
| Three Year Return | 8.50 % | |||
| Five Year Return | 8.90 % | |||
| Ten Year Return | 6.40 % | |||
| Net Asset | 964.35 M |
About Abrdn Physical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze abrdn Physical Precious's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Abrdn Physical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of abrdn Physical Precious 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.
Pair Trading with Abrdn Physical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Abrdn Physical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Abrdn Physical will appreciate offsetting losses from the drop in the long position's value.Moving together with Abrdn Etf
| 0.98 | GLD | SPDR Gold Shares | PairCorr |
| 0.98 | IAU | iShares Gold Trust | PairCorr |
| 0.98 | SLV | iShares Silver Trust Potential Growth | PairCorr |
| 0.98 | GLDM | SPDR Gold MiniShares | PairCorr |
| 0.98 | SGOL | abrdn Physical Gold | PairCorr |
Moving against Abrdn Etf
The ability to find closely correlated positions to Abrdn Physical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abrdn Physical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Abrdn Physical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling abrdn Physical Precious to buy it.
The correlation of Abrdn Physical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abrdn Physical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if abrdn Physical Precious moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Abrdn Physical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Abrdn Physical Piotroski F Score and Abrdn Physical Altman Z Score analysis. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of abrdn Physical Precious is measured differently than its book value, which is the value of Abrdn that is recorded on the company's balance sheet. Investors also form their own opinion of Abrdn Physical's value that differs from its market value or its book value, called intrinsic value, which is Abrdn Physical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abrdn Physical's market value can be influenced by many factors that don't directly affect Abrdn Physical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Abrdn Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abrdn Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abrdn Physical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.