YieldMax DKNG Valuation
| DRAY Etf | USD 20.00 0.60 3.09% |
At this time, the etf appears to be overvalued. YieldMax DKNG Option maintains a prevalent Real Value of $19.45 per share. The last-minute price of the etf is $20.0. Our model calculates the value of YieldMax DKNG Option from examining the etf fundamentals such as Price To Earning of 22.55 X, shares owned by institutions of 86.05 %, and Shares Outstanding of 28.75 M as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that YieldMax DKNG's price fluctuation is not too volatile at this time. Calculation of the real value of YieldMax DKNG Option is based on 3 months time horizon. Increasing YieldMax DKNG's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since YieldMax DKNG is currently traded on the exchange, buyers and sellers on that exchange determine the market value of YieldMax Etf. However, YieldMax DKNG'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 20.0 | Real 19.45 | Hype 19.97 |
The intrinsic value of YieldMax DKNG'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 YieldMax DKNG'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 YieldMax DKNG Option helps investors to forecast how YieldMax 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 YieldMax DKNG more accurately as focusing exclusively on YieldMax DKNG's fundamentals will not take into account other important factors: About YieldMax DKNG Valuation
Our relative valuation model uses a comparative analysis of YieldMax DKNG. We calculate exposure to YieldMax DKNG's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of YieldMax DKNG's related companies.The company intends to effect a merger or mergers, amalgamation, share exchange, share purchase, asset acquisition, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Woodside, California. Macondray Capital operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in YieldMax DKNG Option. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of YieldMax DKNG Option is measured differently than its book value, which is the value of YieldMax that is recorded on the company's balance sheet. Investors also form their own opinion of YieldMax DKNG's value that differs from its market value or its book value, called intrinsic value, which is YieldMax DKNG'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 YieldMax DKNG's market value can be influenced by many factors that don't directly affect YieldMax DKNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between YieldMax DKNG's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding YieldMax DKNG should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, YieldMax DKNG's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.