SPDR Kensho Valuation
CNRG Etf | USD 51.92 3.20 5.81% |
At this time, the etf appears to be overvalued. SPDR Kensho Clean has a current Real Value of $51.93 per share. The regular price of the etf is $51.92. Our model measures the value of SPDR Kensho Clean from examining the etf fundamentals such as last dividend paid of 0.31, and Number Of Employees of 169 as well as evaluating its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that SPDR Kensho's price fluctuation is very steady at this time. Calculation of the real value of SPDR Kensho Clean is based on 3 months time horizon. Increasing SPDR Kensho'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 SPDR etf is determined by what a typical buyer is willing to pay for full or partial control of SPDR Kensho Clean. Since SPDR Kensho is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SPDR Etf. However, SPDR Kensho'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 51.92 | Real 51.93 | Hype 55.01 | Naive 54.07 |
The real value of SPDR Etf, also known as its intrinsic value, is the underlying worth of SPDR Kensho Clean ETF, which is reflected in its stock price. It is based on SPDR Kensho's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of SPDR Kensho'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 SPDR Kensho Clean helps investors to forecast how SPDR 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 SPDR Kensho more accurately as focusing exclusively on SPDR Kensho's fundamentals will not take into account other important factors: Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates SPDR Kensho's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in SPDR Kensho and how it compares across the competition.
About SPDR Kensho Valuation
The etf valuation mechanism determines SPDR Kensho's current worth on a weekly basis. Our valuation model uses a comparative analysis of SPDR Kensho. We calculate exposure to SPDR Kensho's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SPDR Kensho's related companies.Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR Kensho 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 SPDR Kensho Clean. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of SPDR Kensho Clean is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Kensho's value that differs from its market value or its book value, called intrinsic value, which is SPDR Kensho'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 SPDR Kensho's market value can be influenced by many factors that don't directly affect SPDR Kensho'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 SPDR Kensho's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Kensho is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Kensho'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.