Etracs 2x Leveraged Etf Current Valuation
| ESUSDelisted Etf | USD 35.29 0.00 0.00% |
Valuation analysis of ETRACS 2x Leveraged helps investors to measure ETRACS 2x'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 ETRACS 2x's price fluctuation is out of control at this time. Calculation of the real value of ETRACS 2x Leveraged is based on 3 months time horizon. Increasing ETRACS 2x'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 ETRACS etf is determined by what a typical buyer is willing to pay for full or partial control of ETRACS 2x Leveraged. Since ETRACS 2x is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ETRACS Etf. However, ETRACS 2x'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 35.29 | Real 34.41 | Hype 35.29 | Naive 819.18 |
The intrinsic value of ETRACS 2x'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 ETRACS 2x'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 ETRACS 2x Leveraged helps investors to forecast how ETRACS 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 ETRACS 2x more accurately as focusing exclusively on ETRACS 2x's fundamentals will not take into account other important factors: ETRACS 2x Leveraged ETF Current Valuation Analysis
ETRACS 2x'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.
CompetitionIn accordance with the recently published financial statements, ETRACS 2x Leveraged 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 Trading--Leveraged Equity (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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ETRACS Fundamentals
| Beta | 2.04 | |||
| One Year Return | 57.20 % | |||
| Three Year Return | 8.70 % |
About ETRACS 2x Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETRACS 2x Leveraged's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETRACS 2x using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETRACS 2x Leveraged 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 Investing Opportunities 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 employment. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Other Consideration for investing in ETRACS Etf
If you are still planning to invest in ETRACS 2x Leveraged check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ETRACS 2x's history and understand the potential risks before investing.
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