New America High Etf Current Valuation
| HYBDelisted Etf | USD 8.20 0.00 0.00% |
Valuation analysis of New America High helps investors to measure New America'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 New America's price fluctuation is very steady at this time. Calculation of the real value of New America High is based on 3 months time horizon. Increasing New America's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since New America is currently traded on the exchange, buyers and sellers on that exchange determine the market value of New Etf. However, New America'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 8.2 | Real 7.58 | Hype 8.2 | Naive 8.18 |
The real value of New Etf, also known as its intrinsic value, is the underlying worth of New America High ETF, which is reflected in its stock price. It is based on New America's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of New America'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 New America High helps investors to forecast how New 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 New America more accurately as focusing exclusively on New America's fundamentals will not take into account other important factors: New America High ETF Current Valuation Analysis
New America'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 New America Current Valuation | 241.3 M |
Most of New America'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, New America High 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, New America High has a Current Valuation of 241.3 M. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The current valuation for all United States etfs is notably lower than that of the firm.
New Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New America'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 New America could also be used in its relative valuation, which is a method of valuing New America by comparing valuation metrics of similar companies.New America is currently under evaluation in current valuation as compared to similar ETFs.
New Fundamentals
| Return On Equity | -19.63 | |||
| Return On Asset | 3.28 | |||
| Profit Margin | (225.08) % | |||
| Operating Margin | 85.27 % | |||
| Current Valuation | 241.3 M | |||
| Shares Outstanding | 23.37 M | |||
| Shares Owned By Insiders | 0.28 % | |||
| Shares Owned By Institutions | 22.62 % | |||
| Number Of Shares Shorted | 13.1 K | |||
| Price To Earning | 16.35 X | |||
| Price To Book | 0.72 X | |||
| Price To Sales | 9.15 X | |||
| Revenue | 17.95 M | |||
| Gross Profit | 18.43 M | |||
| Net Income | (40.41 M) | |||
| Cash And Equivalents | 16 K | |||
| Total Debt | 84 M | |||
| Debt To Equity | 0.47 % | |||
| Current Ratio | 0.07 X | |||
| Book Value Per Share | 9.79 X | |||
| Cash Flow From Operations | 11.81 M | |||
| Short Ratio | 0.22 X | |||
| Earnings Per Share | 0.43 X | |||
| Beta | 0.75 | |||
| Market Capitalization | 181.86 M | |||
| Total Asset | 222.25 M | |||
| Retained Earnings | (233.73 M) | |||
| Annual Yield | 0.08 % | |||
| Year To Date Return | 1.45 % | |||
| One Year Return | 7.77 % | |||
| Three Year Return | 3.13 % | |||
| Five Year Return | 2.74 % | |||
| Last Dividend Paid | 0.6 |
About New America Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New America High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New America using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New America High 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Risk vs Return Analysis 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 manufacturing. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in New Etf
If you are still planning to invest in New America High 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 New America's history and understand the potential risks before investing.
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