Teucrium Corn Etf Current Valuation
| CORN Etf | USD 18.59 0.23 1.25% |
Valuation analysis of Teucrium Corn helps investors to measure Teucrium Corn'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 Teucrium Corn's price fluctuation is very steady at this time. Calculation of the real value of Teucrium Corn is based on 3 months time horizon. Increasing Teucrium Corn's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Teucrium Corn is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Teucrium Etf. However, Teucrium Corn'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 18.59 | Real 18.15 | Hype 18.63 |
The intrinsic value of Teucrium Corn'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 Teucrium Corn'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 Teucrium Corn helps investors to forecast how Teucrium 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 Teucrium Corn more accurately as focusing exclusively on Teucrium Corn's fundamentals will not take into account other important factors: Teucrium Corn ETF Current Valuation Analysis
Teucrium Corn'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.
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.
| Competition |
In accordance with the recently published financial statements, Teucrium Corn has a Current Valuation of 0.0. This indicator is about the same for the Teucrium average (which is currently at 0.0) family and about the same as Commodities Focused (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Teucrium Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Teucrium Corn'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 Teucrium Corn could also be used in its relative valuation, which is a method of valuing Teucrium Corn by comparing valuation metrics of similar companies.Teucrium Corn is currently under evaluation in current valuation as compared to similar ETFs.
Teucrium Fundamentals
| Beta | 0.76 | |||
| Total Asset | 214.97 M | |||
| One Year Return | (15.00) % | |||
| Three Year Return | (5.90) % | |||
| Five Year Return | 4.30 % | |||
| Ten Year Return | (3.80) % | |||
| Net Asset | 214.97 M |
About Teucrium Corn Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Teucrium Corn's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teucrium Corn using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teucrium Corn 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.
Pair Trading with Teucrium Corn
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Teucrium Corn position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Teucrium Corn will appreciate offsetting losses from the drop in the long position's value.Moving against Teucrium Etf
| 0.37 | NVDX | T Rex 2X | PairCorr |
| 0.35 | NVDU | Direxion Daily NVDA | PairCorr |
| 0.34 | GLDM | SPDR Gold MiniShares | PairCorr |
| 0.34 | SGOL | abrdn Physical Gold | PairCorr |
| 0.34 | IAUM | iShares Gold Trust | PairCorr |
The ability to find closely correlated positions to Teucrium Corn could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Teucrium Corn when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Teucrium Corn - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Teucrium Corn to buy it.
The correlation of Teucrium Corn is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Teucrium Corn moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Teucrium Corn moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Teucrium Corn can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Teucrium Corn Piotroski F Score and Teucrium Corn Altman Z Score analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of Teucrium Corn is measured differently than its book value, which is the value of Teucrium that is recorded on the company's balance sheet. Investors also form their own opinion of Teucrium Corn's value that differs from its market value or its book value, called intrinsic value, which is Teucrium Corn'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 Teucrium Corn's market value can be influenced by many factors that don't directly affect Teucrium Corn'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 Teucrium Corn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teucrium Corn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teucrium Corn'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.