Vaneck Australian Corporate Etf Current Valuation

PLUS Etf   16.79  0.01  0.06%   
Valuation analysis of VanEck Australian helps investors to measure VanEck Australian'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
16.79
Please note that VanEck Australian's price fluctuation is very steady at this time. Calculation of the real value of VanEck Australian is based on 3 months time horizon. Increasing VanEck Australian's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
VanEck Australian's intrinsic value may or may not be the same as its current market price of 16.79, 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  16.79 Real  16.35 Hype  16.79 Naive  16.85
The intrinsic value of VanEck Australian'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 VanEck Australian'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.
16.35
Real Value
18.47
Upside
Estimating the potential upside or downside of VanEck Australian Corporate helps investors to forecast how VanEck 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 VanEck Australian more accurately as focusing exclusively on VanEck Australian's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.6216.7016.78
Details
Hype
Prediction
LowEstimatedHigh
16.5516.7917.03
Details
Naive
Forecast
LowNext ValueHigh
16.6116.8517.08
Details

VanEck Australian Corporate ETF Current Valuation Analysis

VanEck Australian'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

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis
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, VanEck Australian Corporate has a Current Valuation of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Diversified Credit (which currently averages 0.0) category. This indicator is about the same for all Australia etfs average (which is currently at 0.0).

Did you try this?

Run Correlation Analysis Now

   

Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
All  Next Launch Module

About VanEck Australian Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze VanEck Australian Corporate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Australian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Australian Corporate 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Other Information on Investing in VanEck Etf

VanEck Australian financial ratios help investors to determine whether VanEck 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 VanEck with respect to the benefits of owning VanEck Australian security.