Direxion NASDAQ Valuation
| QQQE Etf | USD 93.26 1.33 1.45% |
At this time, the entity appears to be fairly valued. Direxion NASDAQ 100 shows a prevailing Real Value of $92.35 per share. The current price of the entity is $93.26. Our model computes the value of Direxion NASDAQ 100 from reviewing the entity fundamentals such as Beta of 1.07, total asset of 633.03 M, and Price To Sales of 2.28 X as well as analyzing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Direxion NASDAQ's price fluctuation is very steady at this time. Calculation of the real value of Direxion NASDAQ 100 is based on 3 months time horizon. Increasing Direxion NASDAQ's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Direxion etf is determined by what a typical buyer is willing to pay for full or partial control of Direxion NASDAQ 100 Equal. Since Direxion NASDAQ is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Direxion Etf. However, Direxion NASDAQ'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 93.26 | Real 92.35 | Hype 93.26 | Naive 91.62 |
The real value of Direxion Etf, also known as its intrinsic value, is the underlying worth of Direxion NASDAQ 100 ETF, which is reflected in its stock price. It is based on Direxion NASDAQ's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Direxion NASDAQ'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, or news.
Estimating the potential upside or downside of Direxion NASDAQ 100 Equal helps investors to forecast how Direxion 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 Direxion NASDAQ more accurately as focusing exclusively on Direxion NASDAQ's fundamentals will not take into account other important factors: Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Direxion NASDAQ's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Direxion NASDAQ and how it compares across the competition.
About Direxion NASDAQ Valuation
The etf valuation mechanism determines Direxion NASDAQ's current worth on a weekly basis. Our valuation model uses a comparative analysis of Direxion NASDAQ. We calculate exposure to Direxion NASDAQ's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Direxion NASDAQ's related companies.The fund, under normal circumstances, invests at least 80 percent of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. Nasdaq 100 is traded on NYSEARCA Exchange in the United States.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Direxion NASDAQ 100 Equal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Direxion NASDAQ 100 is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion NASDAQ's value that differs from its market value or its book value, called intrinsic value, which is Direxion NASDAQ'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 Direxion NASDAQ's market value can be influenced by many factors that don't directly affect Direxion NASDAQ'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 Direxion NASDAQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion NASDAQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion NASDAQ'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.