Purpose Enhanced Valuation
| PDIV Etf | CAD 9.64 0.05 0.52% |
At this time, the etf appears to be fairly valued. Purpose Enhanced Dividend holds a recent Real Value of C$9.58 per share. The prevailing price of the etf is C$9.64. Our model determines the value of Purpose Enhanced Dividend from analyzing the etf fundamentals such as Net Asset of 20.14 M, equity positions weight of 58.65 %, and Beta of 0.56 as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Purpose Enhanced's price fluctuation is very steady at this time. Calculation of the real value of Purpose Enhanced Dividend is based on 3 months time horizon. Increasing Purpose Enhanced's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Purpose Enhanced is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Purpose Etf. However, Purpose Enhanced'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 9.64 | Real 9.58 | Hype 9.64 | Naive 9.67 |
The intrinsic value of Purpose Enhanced'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 Enhanced'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 Enhanced Dividend 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 Enhanced more accurately as focusing exclusively on Purpose Enhanced's fundamentals will not take into account other important factors: About Purpose Enhanced Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Purpose Enhanced Dividend. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Purpose Enhanced Dividend based exclusively on its fundamental and basic technical indicators. By analyzing Purpose Enhanced's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Purpose Enhanced's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Purpose Enhanced. We calculate exposure to Purpose Enhanced's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose Enhanced's related companies.The fund seeks to provide shareholders with consistent long-term capital appreciation with an attractive risk-adjusted rate of return investing in a portfolio of North American equities and provide less volatility and low correlation to North American equity markets by hedging the funds exposure to overall market risk. PURPOSE ENHANCED is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Purpose Etf
Purpose Enhanced 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 Enhanced security.