ETF Managers Valuation
| VALT Etf | USD 48.52 0.01 0.02% |
At this time, the entity appears to be fairly valued. ETF Managers Group shows a prevailing Real Value of $48.41 per share. The current price of the entity is $48.52. Our model computes the value of ETF Managers Group from examining the entity fundamentals such as one year return of 4.10 %, and Bond Positions Weight of 2.00 % as well as evaluating its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that ETF Managers' price fluctuation is very steady at this time. Calculation of the real value of ETF Managers Group is based on 3 months time horizon. Increasing ETF Managers' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
ETF Managers' intrinsic value may or may not be the same as its current market price of 48.52, 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 48.52 | Real 48.41 | Hype 48.52 |
The intrinsic value of ETF Managers' 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 ETF Managers' 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 ETF Managers Group helps investors to forecast how ETF 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 ETF Managers more accurately as focusing exclusively on ETF Managers' fundamentals will not take into account other important factors: About ETF Managers Valuation
The etf valuation mechanism determines ETF Managers' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of ETF Managers Group based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of ETF Managers. We calculate exposure to ETF Managers's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ETF Managers's related companies.The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in a diversified portfolio of high-quality short-term U.S. dollar denominated domestic and foreign debt securities and other instruments. Etfmg Sit is traded on NYSEARCA Exchange in the United States.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' 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 ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' 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 ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' 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.