YieldMax DKNG Valuation
| DRAY Etf | USD 31.10 0.07 0.22% |
At this time, the etf appears to be overvalued. YieldMax DKNG Option maintains a prevalent Real Value of $30.12 per share. The last-minute price of the etf is $31.1. 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 very steady 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 31.1 | Real 30.12 | Hype 31.11 | Naive 29.48 |
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: YieldMax DKNG Total Value Analysis
YieldMax DKNG Option is currently forecasted to have valuation of 364.3 M with market capitalization of 367.64 M, debt of 300 K, and cash on hands of 340.89 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the YieldMax DKNG fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
364.3 M | 367.64 M | 300 K | 340.89 K |
YieldMax DKNG Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of YieldMax suggests not a very effective usage of assets in December.YieldMax DKNG Ownership Allocation
YieldMax DKNG Option retains a total of 28.75 Million outstanding shares. The majority of YieldMax DKNG outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in YieldMax DKNG Option to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in YieldMax DKNG Option. Please pay attention to any change in the institutional holdings of YieldMax DKNG Option as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the etf is less than the current market value, you may not be able to make money on it.YieldMax DKNG Profitability Analysis
Net Income was 17.34 M with profit before overhead, payroll, taxes, and interest of 0.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 Stocks Directory module to find actively traded stocks across global markets.
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.
Please note, there is a significant difference between YieldMax DKNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax DKNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax DKNG'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.