DB Gold Valuation
| DGZ Etf | USD 8.37 0.08 0.97% |
At this time, the entity appears to be overvalued. DB Gold Short owns a latest Real Value of $8.16 per share. The recent price of the entity is $8.37. Our model computes the value of DB Gold Short from examining the entity fundamentals such as Ten Year Return of (5.90) %, five year return of (8.10) %, and Beta of -0.21 as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that DB Gold's price fluctuation is somewhat reliable at this time. Calculation of the real value of DB Gold Short is based on 3 months time horizon. Increasing DB Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since DB Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of DGZ Etf. However, DB Gold'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 8.37 | Real 8.16 | Hype 8.37 | Naive 8.27 |
The intrinsic value of DB Gold'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 DB Gold'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 DB Gold Short helps investors to forecast how DGZ 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 DB Gold more accurately as focusing exclusively on DB Gold's fundamentals will not take into account other important factors: About DB Gold Valuation
Our relative valuation model uses a comparative analysis of DB Gold. We calculate exposure to DB Gold's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of DB Gold's related companies.The index is intended to reflect changes in the market value of certain gold futures contracts and is comprised of a single unfunded gold futures contract. DB Gold is traded on NYSEARCA Exchange in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DB Gold Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of DB Gold Short is measured differently than its book value, which is the value of DGZ that is recorded on the company's balance sheet. Investors also form their own opinion of DB Gold's value that differs from its market value or its book value, called intrinsic value, which is DB Gold'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 DB Gold's market value can be influenced by many factors that don't directly affect DB Gold'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 DB Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if DB Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DB Gold'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.