Source Physical Valuation

SPAP Etf   14,938  726.50  5.11%   
At this time, the etf appears to be overvalued. Source Physical Palladium has a current Real Value of USD13295.27 per share. The regular price of the etf is USD14938.5. Our model measures the value of Source Physical Palladium from inspecting the etf fundamentals such as ten year return of 14.50 %, and One Year Return of 102.40 % as well as reviewing its technical indicators and probability of bankruptcy.
Overvalued
Today
14,938
Please note that Source Physical's price fluctuation is very steady at this time. Calculation of the real value of Source Physical Palladium is based on 3 months time horizon. Increasing Source Physical'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 Source etf is determined by what a typical buyer is willing to pay for full or partial control of Source Physical Palladium. Since Source Physical is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Source Etf. However, Source Physical'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  14938.5 Real  13295.27 Hype  14938.5 Naive  14855.81
The intrinsic value of Source Physical'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 Source Physical'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.
13,292
Downside
13,295
Real Value
16,432
Upside
Estimating the potential upside or downside of Source Physical Palladium helps investors to forecast how Source 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 Source Physical more accurately as focusing exclusively on Source Physical's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11,09812,77614,454
Details
Hype
Prediction
LowEstimatedHigh
14,93614,93814,941
Details
Naive
Forecast
LowNext ValueHigh
14,85314,85614,859
Details

About Source Physical Valuation

The etf valuation mechanism determines Source Physical's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Source Physical Palladium based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Source Physical. We calculate exposure to Source Physical's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Source Physical's related companies.

Other Information on Investing in Source Etf

Source Physical financial ratios help investors to determine whether Source 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 Source with respect to the benefits of owning Source Physical security.