Direxion Work Valuation
| WFH Etf | USD 64.72 0.08 0.12% |
At this time, the entity appears to be fairly valued. Direxion Work From shows a prevailing Real Value of $65.08 per share. The current price of the entity is $64.72. Our model computes the value of Direxion Work From from reviewing the entity fundamentals such as net asset of 37.08 M as well as analyzing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Direxion Work's price fluctuation is very steady at this time. Calculation of the real value of Direxion Work From is based on 3 months time horizon. Increasing Direxion Work's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Direxion Work is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Direxion Etf. However, Direxion Work'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 64.72 | Real 65.08 | Hype 64.93 | Naive 64.65 |
The intrinsic value of Direxion Work's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Direxion Work's stock price.
Estimating the potential upside or downside of Direxion Work From helps investors to forecast how Direxion 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 Direxion Work more accurately as focusing exclusively on Direxion Work's fundamentals will not take into account other important factors: About Direxion Work Valuation
An absolute valuation paradigm, as applied to Direxion Etf, attempts to find the value of Direxion Work From based on its fundamental and basic technical indicators. By analyzing Direxion Work's financials, quarterly and monthly indicators, and their related drivers, such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Direxion Work's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Direxion Work. We calculate exposure to Direxion Work's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Direxion Work's related companies.The fund, under normal circumstances, invests at least 80 percent of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. Work From is traded on NYSEARCA Exchange in the United States.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Direxion Work From. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Direxion Work From is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Work's value that differs from its market value or its book value, called intrinsic value, which is Direxion Work'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 Direxion Work's market value can be influenced by many factors that don't directly affect Direxion Work'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 Direxion Work's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Work is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Work'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.