Defiance ETFs Valuation
| HDRO Etf | USD 25.92 0.00 0.00% |
At this time, the entity appears to be overvalued. Defiance ETFs shows a prevailing Real Value of $24.45 per share. The current price of the entity is $25.92. Our model computes the value of Defiance ETFs from reviewing the entity fundamentals such as net asset of 38.44 M as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Defiance ETFs' price fluctuation is very steady at this time. Calculation of the real value of Defiance ETFs is based on 3 months time horizon. Increasing Defiance ETFs' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Defiance ETFs is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Defiance Etf. However, Defiance ETFs' 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 25.92 | Real 24.45 | Hype 25.92 | Naive 26.35 |
The intrinsic value of Defiance ETFs' 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 Defiance ETFs' 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 Defiance ETFs helps investors to forecast how Defiance 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 Defiance ETFs more accurately as focusing exclusively on Defiance ETFs' fundamentals will not take into account other important factors: About Defiance ETFs Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Defiance ETFs. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Defiance ETFs based exclusively on its fundamental and basic technical indicators. By analyzing Defiance ETFs's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Defiance ETFs's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Defiance ETFs. We calculate exposure to Defiance ETFs's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Defiance ETFs's related companies.The index is a rules-based index that tracks the performance of a group of globally listed equity securities of companies involved in the development of hydrogen-based energy sources and fuel cell technologies. ETF Series is traded on NYSEARCA Exchange in the United States.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of Defiance ETFs is measured differently than its book value, which is the value of Defiance that is recorded on the company's balance sheet. Investors also form their own opinion of Defiance ETFs' value that differs from its market value or its book value, called intrinsic value, which is Defiance ETFs' 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 Defiance ETFs' market value can be influenced by many factors that don't directly affect Defiance ETFs' 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 Defiance ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance ETFs' 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.