Australian Reit Income Etf Current Valuation
| HRR-UN Etf | CAD 7.90 0.00 0.00% |
Valuation analysis of Australian REIT Income helps investors to measure Australian REIT's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that Australian REIT's price fluctuation is very steady at this time. Calculation of the real value of Australian REIT Income is based on 3 months time horizon. Increasing Australian REIT's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Australian REIT is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Australian Etf. However, Australian REIT'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 7.9 | Real 7.9 | Hype 7.9 |
The real value of Australian Etf, also known as its intrinsic value, is the underlying worth of Australian REIT Income ETF, which is reflected in its stock price. It is based on Australian REIT's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Australian REIT'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 Australian REIT Income helps investors to forecast how Australian 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 Australian REIT more accurately as focusing exclusively on Australian REIT's fundamentals will not take into account other important factors: Australian REIT Income ETF Current Valuation Analysis
Australian REIT'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, Australian REIT Income has a Current Valuation of 0.0. This indicator is about the same for the Real Estate average (which is currently at 0.0) family and about the same as REIT - Diversified (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
Australian Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Australian REIT'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 Australian REIT could also be used in its relative valuation, which is a method of valuing Australian REIT by comparing valuation metrics of similar companies.Australian REIT is currently under evaluation in current valuation as compared to similar ETFs.
Australian Fundamentals
| Shares Outstanding | 1.6 M | |||
| Number Of Shares Shorted | 11 | |||
| Beta | 0.85 | |||
| Market Capitalization | 20.15 M | |||
| Five Year Return | 6.30 % | |||
| Last Dividend Paid | 0.66 |
About Australian REIT Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Australian REIT Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Australian REIT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Australian REIT Income 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 Australian REIT
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 Australian REIT 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 Australian REIT will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Australian REIT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Australian REIT 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 Australian REIT - 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 Australian REIT Income to buy it.
The correlation of Australian REIT 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 Australian REIT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Australian REIT Income 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 Australian REIT 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.Other Information on Investing in Australian Etf
Australian REIT financial ratios help investors to determine whether Australian 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 Australian with respect to the benefits of owning Australian REIT security.