Purpose Premium Valuation
| PYF Etf | CAD 17.55 0.03 0.17% |
At this time, the etf appears to be fairly valued. Purpose Premium Yield holds a recent Real Value of C$17.47 per share. The prevailing price of the etf is C$17.55. Our model determines the value of Purpose Premium Yield from analyzing the etf fundamentals such as Net Asset of 231.78 M, annual yield of 0.08 %, and Price To Earning of 22.53 X as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Purpose Premium's price fluctuation is very steady at this time. Calculation of the real value of Purpose Premium Yield is based on 3 months time horizon. Increasing Purpose Premium's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Purpose Premium is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Purpose Etf. However, Purpose Premium'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 17.55 | Real 17.47 | Hype 17.55 | Naive 17.59 |
The intrinsic value of Purpose Premium'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 Premium'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 Premium Yield 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 Premium more accurately as focusing exclusively on Purpose Premium's fundamentals will not take into account other important factors: Purpose Premium Total Value Analysis
Purpose Premium Yield is at this time forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Purpose Premium fundamentals before making investing decisions based on enterprise value of the companyPurpose Premium Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The recent return on assets of Purpose suggests not a very effective usage of assets in November.Purpose Premium Past Distributions to stockholders
About Purpose Premium Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Purpose Premium Yield. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Purpose Premium Yield based exclusively on its fundamental and basic technical indicators. By analyzing Purpose Premium's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Purpose Premium's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Purpose Premium. We calculate exposure to Purpose Premium's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose Premium's related companies.Other Information on Investing in Purpose Etf
Purpose Premium 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 Premium security.