Freedom Day Valuation
MBOX Etf | USD 34.33 0.18 0.53% |
At this time, the entity appears to be fairly valued. Freedom Day Dividend shows a prevailing Real Value of $34.2 per share. The current price of the entity is $34.33. Our model computes the value of Freedom Day Dividend from reviewing the entity fundamentals such as net asset of 42.75 M as well as analyzing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Freedom Day's price fluctuation is very steady at this time. Calculation of the real value of Freedom Day Dividend is based on 3 months time horizon. Increasing Freedom Day's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Freedom Day is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Freedom Etf. However, Freedom Day'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 34.33 | Real 34.2 | Hype 34.33 | Naive 34.11 |
The intrinsic value of Freedom Day'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 Freedom Day'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 Freedom Day Dividend helps investors to forecast how Freedom 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 Freedom Day more accurately as focusing exclusively on Freedom Day's fundamentals will not take into account other important factors: About Freedom Day Valuation
Our relative valuation model uses a comparative analysis of Freedom Day. We calculate exposure to Freedom Day's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Freedom Day's related companies.The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities that the Sub-Adviser believes have the potential to provide rising dividend income streams to the fund over time. Freedom Day is traded on NYSEARCA Exchange in the United States.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Freedom Day Dividend. 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of Freedom Day Dividend is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Day's value that differs from its market value or its book value, called intrinsic value, which is Freedom Day'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 Freedom Day's market value can be influenced by many factors that don't directly affect Freedom Day'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 Freedom Day's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Day is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Day'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.