Blng Etf Current Valuation
BLNG Etf | USD 10.24 0.01 0.1% |
Valuation analysis of BLNG helps investors to measure BLNG's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that BLNG's price fluctuation is very steady at this time. Calculation of the real value of BLNG is based on 3 months time horizon. Increasing BLNG's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the BLNG etf is determined by what a typical buyer is willing to pay for full or partial control of BLNG. Since BLNG is currently traded on the exchange, buyers and sellers on that exchange determine the market value of BLNG Etf. However, BLNG'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 10.24 | Real 9.41 | Hype 10.24 | Naive 10.2 |
The real value of BLNG Etf, also known as its intrinsic value, is the underlying worth of BLNG ETF, which is reflected in its stock price. It is based on BLNG's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of BLNG'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, or news.
Estimating the potential upside or downside of BLNG helps investors to forecast how BLNG 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 BLNG more accurately as focusing exclusively on BLNG's fundamentals will not take into account other important factors: BLNG ETF Current Valuation Analysis
BLNG's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current BLNG Current Valuation | 86.47 M |
Most of BLNG's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BLNG is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, BLNG has a Current Valuation of 86.47 M. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The current valuation for all United States etfs is notably lower than that of the firm.
BLNG Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BLNG's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of BLNG could also be used in its relative valuation, which is a method of valuing BLNG by comparing valuation metrics of similar companies.BLNG is currently under evaluation in current valuation as compared to similar ETFs.
BLNG Fundamentals
Return On Asset | -0.0161 | |||
Current Valuation | 86.47 M | |||
Shares Outstanding | 4.6 M | |||
Shares Owned By Insiders | 11.96 % | |||
Shares Owned By Institutions | 91.52 % | |||
Number Of Shares Shorted | 3.35 K | |||
Price To Earning | 36.85 X | |||
Price To Book | 1.34 X | |||
EBITDA | (4.75 M) | |||
Net Income | 2.99 M | |||
Cash And Equivalents | 951.05 K | |||
Cash Per Share | 0.05 X | |||
Total Debt | 76.72 K | |||
Debt To Equity | 3.20 % | |||
Current Ratio | 4.92 X | |||
Book Value Per Share | (0.75) X | |||
Cash Flow From Operations | 9.21 M | |||
Short Ratio | 0.43 X | |||
Earnings Per Share | 0.08 X | |||
Number Of Employees | 221 | |||
Market Capitalization | 86.96 M | |||
Total Asset | 52.32 M | |||
Retained Earnings | (6.18 M) | |||
Working Capital | (10.4 M) | |||
One Year Return | 1.68 % | |||
Three Year Return | 0.93 % | |||
Five Year Return | (6.48) % | |||
Net Asset | 52.32 M |
About BLNG Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BLNG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BLNG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BLNG based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether BLNG is a strong investment it is important to analyze BLNG'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 BLNG's future performance. For an informed investment choice regarding BLNG Etf, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of BLNG is measured differently than its book value, which is the value of BLNG that is recorded on the company's balance sheet. Investors also form their own opinion of BLNG's value that differs from its market value or its book value, called intrinsic value, which is BLNG'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 BLNG's market value can be influenced by many factors that don't directly affect BLNG'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 BLNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if BLNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BLNG'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.