BetaPro Gold Valuation
HBU Etf | CAD 17.05 0.06 0.35% |
At this time, the entity appears to be overvalued. BetaPro Gold Bullion shows a prevailing Real Value of C$15.79 per share. The current price of the entity is C$17.05. Our model approximates the value of BetaPro Gold Bullion from analyzing the entity fundamentals such as ten year return of 6.30 %, and Total Asset of 21.43 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that BetaPro Gold's price fluctuation is not too volatile 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 17.05 | Real 15.79 | Hype 17.05 |
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: 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.HBU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times 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.