Global X Valuation

HURA Etf  CAD 40.30  0.98  2.37%   
At this time, the entity appears to be fairly valued. Global X Uranium retains a regular Real Value of C$40.53 per share. The prevalent price of the entity is C$40.3. Our model calculates the value of Global X Uranium from evaluating the entity fundamentals such as Net Asset of 2.82 M, total asset of 2.82 M, and One Year Return of 13.20 % as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
40.30
Please note that Global X's price fluctuation is very steady at this time. Calculation of the real value of Global X Uranium is based on 3 months time horizon. Increasing Global X's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Global X is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Global Etf. However, Global X'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  40.3 Real  40.53 Hype  40.3 Naive  42.95
The intrinsic value of Global X'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 Global X'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.
40.53
Real Value
42.68
Upside
Estimating the potential upside or downside of Global X Uranium helps investors to forecast how Global 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 Global X more accurately as focusing exclusively on Global X's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.4839.2542.01
Details
Hype
Prediction
LowEstimatedHigh
38.1540.3042.45
Details
Naive
Forecast
LowNext ValueHigh
40.8042.9545.10
Details

About Global X Valuation

We use absolute and relative valuation methodologies to arrive at the intrinsic value of Global X Uranium. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Global X Uranium based exclusively on its fundamental and basic technical indicators. By analyzing Global X's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Global X's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Global X. We calculate exposure to Global X's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Global X's related companies.
When determining whether Global X Uranium offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global X'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 Global X Uranium Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Uranium Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Uranium. 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X'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.