BetaPro Gold Valuation
| HBD Etf | CAD 23.18 0.98 4.06% |
At this time, the entity appears to be undervalued. BetaPro Gold Bullion shows a prevailing Real Value of C$23.76 per share. The current price of the entity is C$23.18. Our model approximates the value of BetaPro Gold Bullion from analyzing the entity fundamentals such as Net Asset of 1.56 M, one year return of (44.10) %, and Price To Earning of 16.89 X as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that BetaPro Gold's price fluctuation is very steady at this time. Calculation of the real value of BetaPro Gold Bullion is based on 3 months time horizon. Increasing BetaPro Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since BetaPro Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of BetaPro Etf. However, BetaPro 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 23.18 | Real 23.76 | Hype 23.18 | Naive 24.1 |
The intrinsic value of BetaPro 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 BetaPro 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 BetaPro Gold Bullion helps investors to forecast how BetaPro 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 BetaPro Gold more accurately as focusing exclusively on BetaPro Gold's fundamentals will not take into account other important factors: BetaPro Gold Total Value Analysis
BetaPro Gold Bullion is currently forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the BetaPro Gold fundamentals before making investing decisions based on enterprise value of the companyBetaPro Gold Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The recent return on assets of BetaPro suggests not a very effective usage of assets in February.About BetaPro Gold Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of BetaPro Gold Bullion. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of BetaPro Gold Bullion based exclusively on its fundamental and basic technical indicators. By analyzing BetaPro Gold's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of BetaPro Gold's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of BetaPro Gold. We calculate exposure to BetaPro Gold's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of BetaPro Gold's related companies.HBD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times the inverse of the daily performance of the Solactive Gold Front Month MD Rolling Futures Index ER. BETAPRO GOLD is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in BetaPro Etf
BetaPro Gold financial ratios help investors to determine whether BetaPro Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BetaPro with respect to the benefits of owning BetaPro Gold security.