VanEck ChiNext Valuation
| CNXT Etf | USD 28.04 0.42 1.48% |
At this time, the etf appears to be overvalued. VanEck ChiNext ETF has a current Real Value of $26.65 per share. The regular price of the etf is $28.04. Our model measures the value of VanEck ChiNext ETF from inspecting the etf fundamentals such as Price To Earning of 32.99 X, earnings per share of (0.34) X, and Beta of 0.72 as well as reviewing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that VanEck ChiNext's price fluctuation is not too volatile at this time. Calculation of the real value of VanEck ChiNext ETF is based on 3 months time horizon. Increasing VanEck ChiNext's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
VanEck ChiNext's intrinsic value may or may not be the same as its current market price of 28.04, 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 28.04 | Real 26.65 | Hype 28.08 |
The intrinsic value of VanEck ChiNext'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 ChiNext'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 VanEck ChiNext ETF 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 ChiNext more accurately as focusing exclusively on VanEck ChiNext's fundamentals will not take into account other important factors: About VanEck ChiNext Valuation
The etf valuation mechanism determines VanEck ChiNext's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of VanEck ChiNext ETF based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of VanEck ChiNext. We calculate exposure to VanEck ChiNext's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of VanEck ChiNext's related companies. When determining whether VanEck ChiNext ETF is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VanEck Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vaneck Chinext Etf. Highlighted below are key reports to facilitate an investment decision about Vaneck Chinext Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck ChiNext ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of VanEck ChiNext ETF is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck ChiNext's value that differs from its market value or its book value, called intrinsic value, which is VanEck ChiNext'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 VanEck ChiNext's market value can be influenced by many factors that don't directly affect VanEck ChiNext'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 VanEck ChiNext's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck ChiNext is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck ChiNext'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.