ETRACS 2xMonthly Valuation
| SMHB Etf | USD 5.73 0.15 2.69% |
At this time, the entity appears to be overvalued. ETRACS 2xMonthly Pay shows a prevailing Real Value of $5.46 per share. The current price of the entity is $5.73. Our model computes the value of ETRACS 2xMonthly Pay from evaluating the entity fundamentals such as Beta of 2.69, net asset of 44.87 M, and Total Asset of 44.87 M as well as inspecting its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ETRACS 2xMonthly's price fluctuation is somewhat reliable at this time. Calculation of the real value of ETRACS 2xMonthly Pay is based on 3 months time horizon. Increasing ETRACS 2xMonthly's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since ETRACS 2xMonthly is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ETRACS Etf. However, ETRACS 2xMonthly'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 5.73 | Real 5.46 | Hype 5.58 | Naive 5.51 |
The real value of ETRACS Etf, also known as its intrinsic value, is the underlying worth of ETRACS 2xMonthly Pay ETF, which is reflected in its stock price. It is based on ETRACS 2xMonthly's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of ETRACS 2xMonthly'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 ETRACS 2xMonthly Pay helps investors to forecast how ETRACS 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 ETRACS 2xMonthly more accurately as focusing exclusively on ETRACS 2xMonthly'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 ETRACS 2xMonthly'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 ETRACS 2xMonthly and how it compares across the competition.
About ETRACS 2xMonthly Valuation
The etf valuation mechanism determines ETRACS 2xMonthly's current worth on a weekly basis. Our valuation model uses a comparative analysis of ETRACS 2xMonthly. We calculate exposure to ETRACS 2xMonthly's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ETRACS 2xMonthly's related companies.The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. Etracs 2X is traded on NYSEARCA Exchange in the United States.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ETRACS 2xMonthly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of ETRACS 2xMonthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS 2xMonthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 2xMonthly'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 ETRACS 2xMonthly's market value can be influenced by many factors that don't directly affect ETRACS 2xMonthly'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 ETRACS 2xMonthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2xMonthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS 2xMonthly'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.