Purpose International Valuation
| PID Etf | CAD 23.27 0.06 0.26% |
At this time, the etf appears to be fairly valued. Purpose International holds a recent Real Value of C$23.4 per share. The prevailing price of the etf is C$23.27. Our model determines the value of Purpose International from analyzing the etf fundamentals such as Beta of 0.8, price to earning of 12.55 X, and Five Year Return of 6.20 % as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Purpose International's price fluctuation is very steady at this time. Calculation of the real value of Purpose International is based on 3 months time horizon. Increasing Purpose International's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Purpose International is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Purpose Etf. However, Purpose International'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 23.27 | Real 23.4 | Hype 23.27 | Naive 23.09 |
The intrinsic value of Purpose International'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 International'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 International 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 International more accurately as focusing exclusively on Purpose International's fundamentals will not take into account other important factors: About Purpose International Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Purpose International Dividend. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Purpose International based exclusively on its fundamental and basic technical indicators. By analyzing Purpose International's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Purpose International's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Purpose International. We calculate exposure to Purpose International's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose International's related companies.The fund seeks to provide unitholders with long-term capital appreciation through investment in a portfolio of high quality international dividend-paying equity securities and monthly cash distributions. PURPOSE INTL is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Purpose Etf
Purpose International 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 International security.