3edge Dynamic Fixed Etf Current Valuation
EDGF Etf | 24.47 0.03 0.12% |
Valuation analysis of 3EDGE Dynamic Fixed helps investors to measure 3EDGE Dynamic's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
3EDGE Dynamic Fixed ETF Current Valuation Analysis
3EDGE Dynamic'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.
In accordance with the recently published financial statements, 3EDGE Dynamic Fixed has a Current Valuation of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Current Valuation (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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About 3EDGE Dynamic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 3EDGE Dynamic Fixed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 3EDGE Dynamic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 3EDGE Dynamic Fixed 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.
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Check out 3EDGE Dynamic Performance and 3EDGE Dynamic Technical Analysis analysis. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of 3EDGE Dynamic Fixed is measured differently than its book value, which is the value of 3EDGE that is recorded on the company's balance sheet. Investors also form their own opinion of 3EDGE Dynamic's value that differs from its market value or its book value, called intrinsic value, which is 3EDGE Dynamic'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 3EDGE Dynamic's market value can be influenced by many factors that don't directly affect 3EDGE Dynamic'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 3EDGE Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3EDGE Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3EDGE Dynamic'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.