Xtrackers Harvest Valuation
| ASHS Etf | USD 28.96 0.03 0.10% |
At this time, the etf appears to be overvalued. Xtrackers Harvest CSI maintains a prevalent Real Value of $27.01 per share. The last-minute price of the etf is $28.96. Our model calculates the value of Xtrackers Harvest CSI from examining the etf fundamentals such as Price To Sales of 2.06 X, price to book of 2.94 X, and Beta of 0.72 as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Xtrackers Harvest's price fluctuation is not too volatile at this time. Calculation of the real value of Xtrackers Harvest CSI is based on 3 months time horizon. Increasing Xtrackers Harvest'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 Xtrackers etf is determined by what a typical buyer is willing to pay for full or partial control of Xtrackers Harvest CSI. Since Xtrackers Harvest is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Xtrackers Etf. However, Xtrackers Harvest'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 28.96 | Real 27.01 | Hype 28.91 |
The intrinsic value of Xtrackers Harvest'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 Xtrackers Harvest'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 Xtrackers Harvest CSI helps investors to forecast how Xtrackers 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 Xtrackers Harvest more accurately as focusing exclusively on Xtrackers Harvest's fundamentals will not take into account other important factors: About Xtrackers Harvest Valuation
The etf valuation mechanism determines Xtrackers Harvest's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Xtrackers Harvest CSI based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Xtrackers Harvest. We calculate exposure to Xtrackers Harvest's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Xtrackers Harvest's related companies.The index is designed to reflect the price fluctuation and performance of small-cap companies in the China A-Share market and is composed of the 500 smallest and most liquid stocks in the China A-Share market. Xt Harvest is traded on NYSEARCA Exchange in the United States.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xtrackers Harvest CSI. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Xtrackers Harvest CSI is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers Harvest's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Harvest'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 Xtrackers Harvest's market value can be influenced by many factors that don't directly affect Xtrackers Harvest'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 Xtrackers Harvest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Harvest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Harvest'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.