Purpose Monthly Valuation
| PIN Etf | CAD 18.04 0.02 0.11% |
At this time, the etf appears to be fairly valued. Purpose Monthly Income holds a recent Real Value of C$17.99 per share. The prevailing price of the etf is C$18.04. Our model determines the value of Purpose Monthly Income from analyzing the etf fundamentals such as One Year Return of 13.50 %, price to earning of 15.70 X, and Beta of 0.8 as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Purpose Monthly's price fluctuation is very steady at this time. Calculation of the real value of Purpose Monthly Income is based on 3 months time horizon. Increasing Purpose Monthly's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Purpose Monthly is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Purpose Etf. However, Purpose Monthly'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 18.04 | Real 17.99 | Hype 18.04 | Naive 18.08 |
The intrinsic value of Purpose Monthly'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 Monthly'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 Monthly Income 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 Monthly more accurately as focusing exclusively on Purpose Monthly's fundamentals will not take into account other important factors: About Purpose Monthly Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Purpose Monthly Income. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Purpose Monthly Income based exclusively on its fundamental and basic technical indicators. By analyzing Purpose Monthly's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Purpose Monthly's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Purpose Monthly. We calculate exposure to Purpose Monthly's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose Monthly's related companies.The Purpose Monthly Income Fund seeks to maximize total return, consisting of dividend income and capital appreciation by tactically investing in a broad range of asset classes which may include equity, fixed income and inflation sensitive securities and cash and to provide shareholders with stable monthly cash distributions. PURPOSE MONTHLY is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Purpose Etf
Purpose Monthly 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 Monthly security.