Harvest Equal Valuation
| HUTL Etf | CAD 18.09 0.01 0.06% |
At this time, the entity appears to be overvalued. Harvest Equal Weight retains a regular Real Value of C$16.98 per share. The prevalent price of the entity is C$18.09. Our model calculates the value of Harvest Equal Weight from evaluating the entity fundamentals such as Net Asset of 12.13 M, beta of 0.65, and Total Asset of 12.13 M as well as inspecting its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Harvest Equal's price fluctuation is very steady at this time. Calculation of the real value of Harvest Equal Weight is based on 3 months time horizon. Increasing Harvest Equal's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Harvest Equal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Harvest Etf. However, Harvest Equal'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 18.09 | Real 16.98 | Hype 18.09 |
The intrinsic value of Harvest Equal'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 Harvest Equal'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 Harvest Equal Weight helps investors to forecast how Harvest 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 Harvest Equal more accurately as focusing exclusively on Harvest Equal's fundamentals will not take into account other important factors: Harvest Equal Total Value Analysis
Harvest Equal Weight is currently estimated 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 Harvest Equal fundamentals before making investing decisions based on enterprise value of the companyHarvest Equal 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 Harvest suggests not a very effective usage of assets in November.Harvest Equal Past Distributions to stockholders
About Harvest Equal Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Harvest Equal Weight. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Harvest Equal Weight based exclusively on its fundamental and basic technical indicators. By analyzing Harvest Equal's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Harvest Equal's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Harvest Equal. We calculate exposure to Harvest Equal's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Harvest Equal's related companies.The Harvest Equal Weight Global Utilities Income ETFs investment objectives are to provide Unitholders with monthly cash distributions the opportunity for capital appreciation and lower overall volatility of portfolio returns than would otherwise be experienced by owning Equity Securities of the Global Utility Issuers directly. HARVEST EQL is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Harvest Etf
Harvest Equal financial ratios help investors to determine whether Harvest 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 Harvest with respect to the benefits of owning Harvest Equal security.