GraniteShares HIPS Valuation
| HIPS Etf | USD 13.16 0.06 0.46% |
At this time, the entity appears to be fairly valued. GraniteShares HIPS High retains a regular Real Value of $13.09 per share. The prevalent price of the entity is $13.16. Our model calculates the value of GraniteShares HIPS High from evaluating the entity fundamentals such as price to earning of 17.95 X, and Price To Book of 1.35 X as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that GraniteShares HIPS's price fluctuation is very steady at this time. Calculation of the real value of GraniteShares HIPS High is based on 3 months time horizon. Increasing GraniteShares HIPS's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the GraniteShares etf is determined by what a typical buyer is willing to pay for full or partial control of GraniteShares HIPS High. Since GraniteShares HIPS is currently traded on the exchange, buyers and sellers on that exchange determine the market value of GraniteShares Etf. However, GraniteShares HIPS'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 13.16 | Real 13.09 | Hype 13.16 | Naive 13.13 |
The intrinsic value of GraniteShares HIPS'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 GraniteShares HIPS'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 GraniteShares HIPS High helps investors to forecast how GraniteShares 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 GraniteShares HIPS more accurately as focusing exclusively on GraniteShares HIPS's fundamentals will not take into account other important factors: About GraniteShares HIPS Valuation
The etf valuation mechanism determines GraniteShares HIPS's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of GraniteShares HIPS High based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of GraniteShares HIPS. We calculate exposure to GraniteShares HIPS's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of GraniteShares HIPS's related companies. When determining whether GraniteShares HIPS High is a strong investment it is important to analyze GraniteShares HIPS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GraniteShares HIPS's future performance. For an informed investment choice regarding GraniteShares Etf, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GraniteShares HIPS High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of GraniteShares HIPS High is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares HIPS's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares HIPS'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 GraniteShares HIPS's market value can be influenced by many factors that don't directly affect GraniteShares HIPS'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 GraniteShares HIPS's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares HIPS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares HIPS'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.