Purpose Gold Valuation
| KILO Etf | CAD 39.71 0.14 0.35% |
At this time, the etf appears to be fairly valued. Purpose Gold Bullion holds a recent Real Value of C$39.67 per share. The prevailing price of the etf is C$39.71. Our model determines the value of Purpose Gold Bullion from analyzing the etf fundamentals such as beta of 0.12, and Five Year Return of 10.40 % as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Purpose Gold's price fluctuation is very steady at this time. Calculation of the real value of Purpose Gold Bullion is based on 3 months time horizon. Increasing Purpose Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Purpose Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Purpose Etf. However, Purpose 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 39.71 | Real 39.67 | Hype 39.71 |
The intrinsic value of Purpose 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 Purpose 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 Purpose Gold Bullion helps investors to forecast how Purpose 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 Purpose Gold more accurately as focusing exclusively on Purpose Gold's fundamentals will not take into account other important factors: About Purpose Gold Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Purpose Gold Bullion. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Purpose Gold Bullion based exclusively on its fundamental and basic technical indicators. By analyzing Purpose Gold's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Purpose Gold's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Purpose Gold. We calculate exposure to Purpose Gold's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose Gold's related companies.The fund has been created to buy and hold substantially all of its assets in gold bullion and, incidental thereto, minor amounts of gold certificates, if any. PURPOSE GOLD is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Purpose Etf
Purpose Gold financial ratios help investors to determine whether Purpose 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 Purpose with respect to the benefits of owning Purpose Gold security.