Kurv Yield Premium Etf Current Valuation
| TSLP Etf | 17.84 0.83 4.88% |
Valuation analysis of Kurv Yield Premium helps investors to measure Kurv Yield'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 Kurv Yield's price fluctuation is not too volatile at this time. Calculation of the real value of Kurv Yield Premium is based on 3 months time horizon. Increasing Kurv Yield's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Kurv Yield's intrinsic value may or may not be the same as its current market price of 17.84, 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 17.84 | Real 16.24 | Hype 17.01 | Naive 17.38 |
The intrinsic value of Kurv Yield'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 Kurv Yield'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 Kurv Yield Premium helps investors to forecast how Kurv 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 Kurv Yield more accurately as focusing exclusively on Kurv Yield's fundamentals will not take into account other important factors: Kurv Yield Premium ETF Current Valuation Analysis
Kurv Yield'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, Kurv Yield Premium 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 Derivative Income (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 Kurv Yield Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kurv Yield Premium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kurv Yield using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kurv Yield Premium 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 Kurv Yield
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 Kurv Yield 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 Kurv Yield will appreciate offsetting losses from the drop in the long position's value.Moving together with Kurv Etf
| 0.74 | XYLD | Global X SP | PairCorr |
| 0.61 | RYLD | Global X Russell | PairCorr |
| 0.77 | JEPQ | JPMorgan Nasdaq Equity | PairCorr |
Moving against Kurv Etf
| 0.69 | IDME | International Drawdown Low Volatility | PairCorr |
| 0.62 | SIXH | ETC 6 Meridian | PairCorr |
| 0.59 | NUSI | NEOS ETF Trust Symbol Change | PairCorr |
| 0.54 | T | ATT Inc Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Kurv Yield could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kurv Yield 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 Kurv Yield - 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 Kurv Yield Premium to buy it.
The correlation of Kurv Yield 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 Kurv Yield moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kurv Yield Premium 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 Kurv Yield 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 Kurv Yield Piotroski F Score and Kurv Yield Altman Z Score analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Kurv Yield Premium is measured differently than its book value, which is the value of Kurv that is recorded on the company's balance sheet. Investors also form their own opinion of Kurv Yield's value that differs from its market value or its book value, called intrinsic value, which is Kurv Yield'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 Kurv Yield's market value can be influenced by many factors that don't directly affect Kurv Yield'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 Kurv Yield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kurv Yield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kurv Yield'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.