Ether ETF Valuation

ETHR Etf  CAD 16.77  0.32  1.95%   
Based on Macroaxis valuation methodology, the entity is overvalued. Ether ETF CAD shows a prevailing Real Value of C$16.38 per share. The current price of the entity is C$16.77. Our model computes the value of Ether ETF CAD from reviewing the entity technical indicators and probability of bankruptcy. In general, investors advise obtaining undervalued etfs and abandoning overvalued etfs since, at some point, etf prices and their ongoing real values will submerge.
Overvalued
Today
16.77
Please note that Ether ETF's price fluctuation is somewhat reliable at this time. Calculation of the real value of Ether ETF CAD is based on 3 months time horizon. Increasing Ether ETF's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Ether ETF is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ether Etf. However, Ether ETF'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  16.77 Real  16.38 Hype  16.77 Naive  15.69
The intrinsic value of Ether ETF'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 Ether ETF'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.
16.38
Real Value
20.82
Upside
Estimating the potential upside or downside of Ether ETF CAD helps investors to forecast how Ether 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 Ether ETF more accurately as focusing exclusively on Ether ETF's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.7217.7919.87
Details
Hype
Prediction
LowEstimatedHigh
12.3316.7721.21
Details
Naive
Forecast
LowNext ValueHigh
11.2515.6920.13
Details

About Ether ETF Valuation

We use absolute and relative valuation methodologies to arrive at the intrinsic value of Ether ETF CAD. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Ether ETF CAD based exclusively on its fundamental and basic technical indicators. By analyzing Ether ETF's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Ether ETF's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ether ETF. We calculate exposure to Ether ETF's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Ether ETF's related companies.

Other Information on Investing in Ether Etf

Ether ETF financial ratios help investors to determine whether Ether Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ether with respect to the benefits of owning Ether ETF security.