ATAC Rotation Valuation
| RORO Etf | USD 18.54 0.01 0.05% |
At this time, the entity appears to be fairly valued. ATAC Rotation ETF owns a latest Real Value of $18.31 per share. The recent price of the entity is $18.54. Our model approximates the value of ATAC Rotation ETF from analyzing the entity fundamentals such as price to book of 1.75 X, and Net Asset of 7.07 M as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that ATAC Rotation's price fluctuation is very steady at this time. Calculation of the real value of ATAC Rotation ETF is based on 3 months time horizon. Increasing ATAC Rotation's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since ATAC Rotation is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ATAC Etf. However, ATAC Rotation'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 18.54 | Real 18.31 | Hype 18.54 | Naive 18.53 |
The intrinsic value of ATAC Rotation'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 ATAC Rotation'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 ATAC Rotation ETF helps investors to forecast how ATAC 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 ATAC Rotation more accurately as focusing exclusively on ATAC Rotation's fundamentals will not take into account other important factors: About ATAC Rotation Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of ATAC Rotation ETF. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of ATAC Rotation ETF based exclusively on its fundamental and basic technical indicators. By analyzing ATAC Rotation's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of ATAC Rotation's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of ATAC Rotation. We calculate exposure to ATAC Rotation's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ATAC Rotation's related companies.Under normal circumstances, at least 80 percent of the funds net assets, plus borrowings for investment purposes, will be invested in securities that are traded principally in the United States, securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities, or ETFs that invest, under normal circumstances, at least 80 percent of their net assets, plus borrowings for investment purposes, in the foregoing securities. Atac US 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 ATAC Rotation 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 metropolitan statistical area. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of ATAC Rotation ETF is measured differently than its book value, which is the value of ATAC that is recorded on the company's balance sheet. Investors also form their own opinion of ATAC Rotation's value that differs from its market value or its book value, called intrinsic value, which is ATAC Rotation'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 ATAC Rotation's market value can be influenced by many factors that don't directly affect ATAC Rotation'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 ATAC Rotation's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATAC Rotation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATAC Rotation'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.