AdvisorShares Pure Valuation
| YOLO Etf | USD 2.59 0.03 1.15% |
Based on Macroaxis valuation methodology, the entity appears to be overvalued. AdvisorShares Pure shows a prevailing Real Value of $2.49 per share. The current price of the entity is $2.59. Our model approximates the value of AdvisorShares Pure from analyzing the entity fundamentals such as Number Of Employees of 707, total asset of 67.93 M, and Net Asset of 67.93 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that AdvisorShares Pure's price fluctuation is risky at this time. Calculation of the real value of AdvisorShares Pure is based on 3 months time horizon. Increasing AdvisorShares Pure's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since AdvisorShares Pure is currently traded on the exchange, buyers and sellers on that exchange determine the market value of AdvisorShares Etf. However, AdvisorShares Pure'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 2.59 | Real 2.49 | Hype 2.62 | Naive 2.61 |
The intrinsic value of AdvisorShares Pure'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 AdvisorShares Pure'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 AdvisorShares Pure Cannabis helps investors to forecast how AdvisorShares 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 AdvisorShares Pure more accurately as focusing exclusively on AdvisorShares Pure's fundamentals will not take into account other important factors: About AdvisorShares Pure Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of AdvisorShares Pure Cannabis. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of AdvisorShares Pure based exclusively on its fundamental and basic technical indicators. By analyzing AdvisorShares Pure's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of AdvisorShares Pure's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of AdvisorShares Pure. We calculate exposure to AdvisorShares Pure's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of AdvisorShares Pure's related companies.The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in securities of companies that derive at least 50 percent of their net revenue from the marijuana and hemp business and in derivatives or other instruments that have economic characteristics similar to such securities. Advisorshares Pure 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 AdvisorShares Pure Cannabis. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of AdvisorShares Pure is measured differently than its book value, which is the value of AdvisorShares that is recorded on the company's balance sheet. Investors also form their own opinion of AdvisorShares Pure's value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares Pure'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 AdvisorShares Pure's market value can be influenced by many factors that don't directly affect AdvisorShares Pure'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 AdvisorShares Pure's value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares Pure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares Pure'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.