First Asset Valuation
WXM Etf | CAD 32.38 0.02 0.06% |
At this time, the entity appears to be undervalued. First Asset Morningstar shows a prevailing Real Value of C$34.66 per share. The current price of the entity is C$32.38. Our model computes the value of First Asset Morningstar from reviewing the entity fundamentals such as Total Asset of 824.4 M, ten year return of 9.30 %, and One Year Return of 34.00 % as well as analyzing its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that First Asset's price fluctuation is very steady at this time. Calculation of the real value of First Asset Morningstar is based on 3 months time horizon. Increasing First Asset's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since First Asset is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Etf. However, First Asset'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 32.38 | Real 34.66 | Hype 32.38 | Naive 32.51 |
The intrinsic value of First Asset'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 First Asset'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 First Asset Morningstar helps investors to forecast how First 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 First Asset more accurately as focusing exclusively on First Asset's fundamentals will not take into account other important factors: First Asset Total Value Analysis
First Asset Morningstar is at this time expected to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the First Asset fundamentals before making investing decisions based on enterprise value of the companyFirst Asset Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The recent return on assets of First suggests not a very effective usage of assets in November.About First Asset Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of First Asset Morningstar. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of First Asset Morningstar based exclusively on its fundamental and basic technical indicators. By analyzing First Asset's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of First Asset's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Asset. We calculate exposure to First Asset's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of First Asset's related companies.Other Information on Investing in First Etf
First Asset financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Asset security.