IShares Canadian Valuation
| XDV Etf | CAD 41.60 0.66 1.61% |
At this time, the entity appears to be fairly valued. iShares Canadian Select retains a regular Real Value of C$42.23 per share. The prevalent price of the entity is C$41.6. Our model calculates the value of iShares Canadian Select from evaluating the entity fundamentals such as Three Year Return of 17.40 %, beta of 0.9, and Number Of Employees of 5 as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that IShares Canadian's price fluctuation is very steady at this time. Calculation of the real value of iShares Canadian Select is based on 3 months time horizon. Increasing IShares Canadian's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since IShares Canadian is currently traded on the exchange, buyers and sellers on that exchange determine the market value of IShares Etf. However, IShares Canadian'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 41.6 | Real 42.23 | Hype 41.58 |
The intrinsic value of IShares Canadian'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 IShares Canadian'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 iShares Canadian Select helps investors to forecast how IShares 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 IShares Canadian more accurately as focusing exclusively on IShares Canadian's fundamentals will not take into account other important factors: About IShares Canadian Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of iShares Canadian Select. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of iShares Canadian Select based exclusively on its fundamental and basic technical indicators. By analyzing IShares Canadian's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of IShares Canadian's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of IShares Canadian. We calculate exposure to IShares Canadian's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of IShares Canadian's related companies. When determining whether iShares Canadian Select is a strong investment it is important to analyze IShares Canadian's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Canadian's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in iShares Canadian Select. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.