Spinnaker ETF Valuation
| GENT Etf | 10.23 0.01 0.1% |
At this time, the etf appears to be fairly valued. Spinnaker ETF Series has a current Real Value of USD10.19 per share. The regular price of the etf is USD10.23. Our model measures the value of Spinnaker ETF Series from inspecting the etf fundamentals such as Current Valuation of 840.53 M, number of shares shorted of 58.24 K, and Return On Asset of 10.71 as well as reviewing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Spinnaker ETF's price fluctuation is very steady at this time. Calculation of the real value of Spinnaker ETF Series is based on 3 months time horizon. Increasing Spinnaker ETF's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Spinnaker ETF's intrinsic value may or may not be the same as its current market price of 10.23, 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 10.23 | Real 10.19 | Hype 10.23 |
The intrinsic value of Spinnaker ETF'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 Spinnaker ETF'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 Spinnaker ETF Series helps investors to forecast how Spinnaker 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 Spinnaker ETF more accurately as focusing exclusively on Spinnaker ETF's fundamentals will not take into account other important factors: Spinnaker ETF Total Value Analysis
Spinnaker ETF Series is currently estimated to have valuation of 840.53 M with market capitalization of 856.9 M, debt of 1.66 M, and cash on hands of 26.56 M. 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 Spinnaker ETF fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
840.53 M | 856.9 M | 1.66 M | 26.56 M |
Spinnaker ETF Investor Information
Spinnaker ETF is is formed as Regulated Investment Company in the United States. ETF is managed and operated by Nottingham Company Inc.. The fund has 35 constituents across multiple sectors and instustries. The fund charges 0.2 percent management fee with a total expences of 0.38 percent of total asset. Based on the key indicators obtained from Spinnaker ETF's historical financial statements, Spinnaker ETF Series is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December.Spinnaker ETF Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Spinnaker ETF has an asset utilization ratio of 129.14 percent. This implies that the ETF is making USD1.29 for each dollar of assets. An increasing asset utilization means that Spinnaker ETF Series is more efficient with each dollar of assets it utilizes for everyday operations.Spinnaker ETF Profitability Analysis
The company reported the previous year's revenue of 48.76 M. Net Income was 7.73 M with profit before overhead, payroll, taxes, and interest of 30.67 M.About Spinnaker ETF Valuation
The etf valuation mechanism determines Spinnaker ETF's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Spinnaker ETF Series based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Spinnaker ETF. We calculate exposure to Spinnaker ETF's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Spinnaker ETF's related companies. When determining whether Spinnaker ETF Series offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Spinnaker ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spinnaker Etf Series Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spinnaker Etf Series Etf:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Spinnaker ETF Series. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker ETF'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 Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker ETF'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 Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spinnaker ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker ETF'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.