GraniteShares XOUT Valuation
| XOUT Etf | USD 57.58 0.28 0.49% |
At this time, the entity appears to be fairly valued. GraniteShares XOUT Large retains a regular Real Value of $57.31 per share. The prevalent price of the entity is $57.58. Our model calculates the value of GraniteShares XOUT Large from evaluating the entity fundamentals such as total asset of 79.46 M, and Beta of 1.08 as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that GraniteShares XOUT's price fluctuation is very steady at this time. Calculation of the real value of GraniteShares XOUT Large is based on 3 months time horizon. Increasing GraniteShares XOUT's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
GraniteShares XOUT's intrinsic value may or may not be the same as its current market price of 57.58, 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 57.58 | Real 57.31 | Hype 57.62 |
The intrinsic value of GraniteShares XOUT'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 GraniteShares XOUT'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 GraniteShares XOUT Large helps investors to forecast how GraniteShares 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 GraniteShares XOUT more accurately as focusing exclusively on GraniteShares XOUT's fundamentals will not take into account other important factors: About GraniteShares XOUT Valuation
The etf valuation mechanism determines GraniteShares XOUT's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of GraniteShares XOUT Large based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of GraniteShares XOUT. We calculate exposure to GraniteShares XOUT's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of GraniteShares XOUT's related companies.The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its assets in the securities included in the index. Graniteshares Xout is traded on NYSEARCA Exchange in the United States.
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The market value of GraniteShares XOUT Large is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares XOUT's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares XOUT'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 GraniteShares XOUT's market value can be influenced by many factors that don't directly affect GraniteShares XOUT'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 GraniteShares XOUT's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares XOUT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares XOUT'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.