Beta Shares Valuation
| QFN Etf | 16.79 0.39 2.27% |
At this time, the entity appears to be undervalued. Beta Shares SPASX shows a prevailing Real Value of USD2.02 per share. The current price of the entity is USD16.79. Our model approximates the value of Beta Shares SPASX from analyzing the entity fundamentals such as beta of 1.14, and Ten Year Return of 6.90 % as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that Beta Shares' price fluctuation is slightly risky at this time. Calculation of the real value of Beta Shares SPASX is based on 3 months time horizon. Increasing Beta Shares' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Beta Shares' intrinsic value may or may not be the same as its current market price of 16.79, 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 16.79 | Real 2.02 | Hype 0.0 | Naive 17.24 |
The intrinsic value of Beta Shares' 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 Beta Shares' 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 Beta Shares SPASX helps investors to forecast how Beta 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 Beta Shares more accurately as focusing exclusively on Beta Shares' fundamentals will not take into account other important factors: About Beta Shares Valuation
The etf valuation mechanism determines Beta Shares' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Beta Shares SPASX based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Beta Shares. We calculate exposure to Beta Shares's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Beta Shares's related companies.Other Information on Investing in Beta Etf
Beta Shares financial ratios help investors to determine whether Beta 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 Beta with respect to the benefits of owning Beta Shares security.