The 2023 Etf Current Valuation
QLTI Etf | 23.27 0.46 1.94% |
Valuation analysis of 2023 ETF helps investors to measure 2023 ETF'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 2023 ETF's price fluctuation is very steady at this time. Calculation of the real value of 2023 ETF is based on 3 months time horizon. Increasing 2023 ETF's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since 2023 ETF is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 2023 Etf. However, 2023 ETF'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 23.27 | Real 23.46 | Hype 23.26 | Naive 23.38 |
The intrinsic value of 2023 ETF's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence 2023 ETF's stock price.
Estimating the potential upside or downside of The 2023 ETF helps investors to forecast how 2023 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 2023 ETF more accurately as focusing exclusively on 2023 ETF's fundamentals will not take into account other important factors: The 2023 ETF ETF Current Valuation Analysis
2023 ETF'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.
Current 2023 ETF Current Valuation | 23.62 M |
Most of 2023 ETF's fundamental indicators, such as Current Valuation, 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, The 2023 ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, The 2023 ETF has a Current Valuation of 23.62 M. This is much higher than that of the family and significantly higher than that of the Foreign Large Value category. The current valuation for all United States etfs is notably lower than that of the firm.
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2023 Fundamentals
Return On Asset | -8.57 | |||
Profit Margin | 114.29 % | |||
Operating Margin | (98.79) % | |||
Current Valuation | 23.62 M | |||
Shares Outstanding | 52.83 M | |||
Shares Owned By Insiders | 13.24 % | |||
Shares Owned By Institutions | 71.20 % | |||
Number Of Shares Shorted | 133.59 K | |||
Price To Earning | 3.80 X | |||
Price To Book | 1.29 X | |||
Price To Sales | 9.79 X | |||
Revenue | 42.23 M | |||
Gross Profit | 31.81 M | |||
Net Income | (36.63 M) | |||
Cash And Equivalents | 73.06 M | |||
Cash Per Share | 1.38 X | |||
Current Ratio | 17.59 X | |||
Cash Flow From Operations | (26.02 M) | |||
Earnings Per Share | (0.69) X | |||
Number Of Employees | 23 | |||
Market Capitalization | 98.92 M | |||
Total Asset | 79.05 M | |||
Retained Earnings | (567.29 M) | |||
Working Capital | 152.24 M | |||
Current Asset | 76.78 M | |||
Current Liabilities | 4.37 M |
About 2023 ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The 2023 ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 2023 ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The 2023 ETF 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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When determining whether 2023 ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 2023 ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The 2023 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on The 2023 Etf:Check out 2023 ETF Piotroski F Score and 2023 ETF Altman Z Score analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of 2023 ETF is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 ETF'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 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 ETF'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 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 ETF'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.