2023 ETF Valuation

QLTI Etf   23.34  0.06  0.26%   
At this time, the entity appears to be undervalued. 2023 ETF shows a prevailing Real Value of 25.41 per share. The current price of the entity is 23.34. Our model approximates the value of 2023 ETF from analyzing the entity fundamentals such as current valuation of 23.62 M, and Return On Asset of -8.57 as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
23.34
Please note that 2023 ETF's price fluctuation is very steady at this time. Calculation of the real value of 2023 ETF is based on 3 months time horizon. Increasing 2023 ETF's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since 2023 ETF is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 2023 Etf. However, 2023 ETF'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  23.34 Real  25.41 Hype  23.33 Naive  23.21
The intrinsic value of 2023 ETF's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence 2023 ETF's stock price.
25.41
Real Value
26.36
Upside
Estimating the potential upside or downside of The 2023 ETF helps investors to forecast how 2023 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 2023 ETF more accurately as focusing exclusively on 2023 ETF's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.2623.3423.42
Details
Hype
Prediction
LowEstimatedHigh
22.3823.3324.28
Details
Naive
Forecast
LowNext ValueHigh
22.2723.2124.16
Details

2023 ETF Total Value Analysis

The 2023 ETF is at this time anticipated to have valuation of 23.62 M with market capitalization of 98.92 M, debt of 4.37 M, and cash on hands of 73.06 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the 2023 ETF fundamentals before making equity appraisal based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
23.62 M
98.92 M
4.37 M
73.06 M

2023 ETF Investor Information

2023 ETF is is formed as Regulated Investment Company in the United States. ETF is managed and operated by State Street Bank and Trust Company. The fund has null constituents across multiple sectors and instustries. The fund charges 0.6 percent management fee with a total expences of 0.6 percent of total asset. Based on the key indicators obtained from 2023 ETF's historical financial statements, The 2023 ETF is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December.

2023 ETF Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. 2023 ETF has an asset utilization ratio of 53.42 percent. This signifies that the ETF is making 0.53 for each dollar of assets. An increasing asset utilization means that The 2023 ETF is more efficient with each dollar of assets it utilizes for everyday operations.

2023 ETF Ownership Allocation

2023 ETF holds a total of 52.83 Million outstanding shares. The majority of The 2023 ETF outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in 2023 ETF to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in 2023 ETF. Please pay attention to any change in the institutional holdings of The 2023 ETF as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.

2023 ETF Profitability Analysis

The company reported the previous year's revenue of 42.23 M. Net Loss for the year was (36.63 M) with profit before overhead, payroll, taxes, and interest of 31.81 M.

About 2023 ETF Valuation

An absolute valuation paradigm, as applied to 2023 Etf, attempts to find the value of 2023 ETF based on its fundamental and basic technical indicators. By analyzing 2023 ETF's financials, quarterly and monthly indicators, and their related drivers, such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of 2023 ETF's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of 2023 ETF. We calculate exposure to 2023 ETF's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of 2023 ETF's related companies.
When determining whether 2023 ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 2023 ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The 2023 Etf. Outlined below are crucial reports that will aid in making a well-informed decision on The 2023 Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The 2023 ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of 2023 ETF is measured differently than its book value, which is the value of 2023 that is recorded on the company's balance sheet. Investors also form their own opinion of 2023 ETF's value that differs from its market value or its book value, called intrinsic value, which is 2023 ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 2023 ETF's market value can be influenced by many factors that don't directly affect 2023 ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 2023 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2023 ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2023 ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.