Change Finance Valuation
| CHGX Etf | USD 38.31 0.16 0.42% |
At this time, the entity appears to be fairly valued. Change Finance Diver shows a prevailing Real Value of $38.47 per share. The current price of the entity is $38.31. Our model approximates the value of Change Finance Diver from analyzing the entity fundamentals such as total asset of 92.99 M, and Number Of Employees of 571 as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Change Finance's price fluctuation is very steady at this time. Calculation of the real value of Change Finance Diver is based on 3 months time horizon. Increasing Change Finance's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Change Finance is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Change Etf. However, Change Finance'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 38.31 | Real 38.47 | Hype 38.31 |
The intrinsic value of Change Finance'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 Change Finance'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 Change Finance Diversified helps investors to forecast how Change 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 Change Finance more accurately as focusing exclusively on Change Finance's fundamentals will not take into account other important factors: About Change Finance Valuation
Our relative valuation model uses a comparative analysis of Change Finance. We calculate exposure to Change Finance's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Change Finance's related companies.The index measures the performance of an equal-weighted portfolio of approximately 100 large-, mid-capitalization equity securities of U.S. Diversified Impact 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 Change Finance Diversified. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Change Finance Diver is measured differently than its book value, which is the value of Change that is recorded on the company's balance sheet. Investors also form their own opinion of Change Finance's value that differs from its market value or its book value, called intrinsic value, which is Change Finance'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 Change Finance's market value can be influenced by many factors that don't directly affect Change Finance'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 Change Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Change Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Change Finance'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.