Fidelity Metaverse Valuation
| FMET Etf | USD 30.23 0.11 0.37% |
At this time, the entity appears to be fairly valued. Fidelity Metaverse ETF shows a prevailing Real Value of $30.04 per share. The current price of the entity is $30.23. Our model computes the value of Fidelity Metaverse ETF from reviewing the entity fundamentals such as equity positions weight of 99.71 % as well as analyzing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Fidelity Metaverse's price fluctuation is very steady at this time. Calculation of the real value of Fidelity Metaverse ETF is based on 3 months time horizon. Increasing Fidelity Metaverse's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Fidelity Metaverse's intrinsic value may or may not be the same as its current market price of 30.23, 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 30.23 | Real 30.04 | Hype 30.23 | Naive 29.72 |
The intrinsic value of Fidelity Metaverse'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 Fidelity Metaverse'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 Fidelity Metaverse ETF helps investors to forecast how Fidelity 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 Fidelity Metaverse more accurately as focusing exclusively on Fidelity Metaverse's fundamentals will not take into account other important factors: About Fidelity Metaverse Valuation
The etf valuation mechanism determines Fidelity Metaverse's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Fidelity Metaverse 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 Fidelity Metaverse. We calculate exposure to Fidelity Metaverse's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Fidelity Metaverse's related companies.The fund normally invests at least 80 percent of assets in securities included in the index and in depositary receipts representing securities included in the index. Fidelity Metaverse is traded on NASDAQ Exchange in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Metaverse 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 income. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Fidelity Metaverse ETF is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Metaverse's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Metaverse'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 Fidelity Metaverse's market value can be influenced by many factors that don't directly affect Fidelity Metaverse'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 Fidelity Metaverse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Metaverse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Metaverse'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.