Russell High Valuation
| RDV Etf | 32.40 0.14 0.43% |
At this time, the etf appears to be overvalued. Russell High Dividend holds a recent Real Value of USD29.65 per share. The prevailing price of the etf is USD32.4. Our model determines the value of Russell High Dividend from analyzing the etf fundamentals such as beta of 0.97, and Ten Year Return of 5.20 % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Russell High's price fluctuation is very steady at this time. Calculation of the real value of Russell High Dividend is based on 3 months time horizon. Increasing Russell High's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Russell High's intrinsic value may or may not be the same as its current market price of 32.40, 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 32.4 | Real 29.65 | Hype 32.41 | Naive 32.52 |
The intrinsic value of Russell High'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 Russell High'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 Russell High Dividend helps investors to forecast how Russell 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 Russell High more accurately as focusing exclusively on Russell High's fundamentals will not take into account other important factors: About Russell High Valuation
The etf valuation mechanism determines Russell High's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Russell High Dividend based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Russell High. We calculate exposure to Russell High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Russell High's related companies.Other Information on Investing in Russell Etf
Russell High financial ratios help investors to determine whether Russell 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 Russell with respect to the benefits of owning Russell High security.