MicroSectors FANG Valuation
| FNGD Etf | USD 15.31 0.87 5.38% |
At this time, the etf appears to be overvalued. MicroSectors FANG Index secures a last-minute Real Value of $14.01 per share. The latest price of the etf is $15.31. Our model forecasts the value of MicroSectors FANG Index from analyzing the etf fundamentals such as Profit Margin of 22.22 %, return on equity of 10.9, and Shares Outstanding of 652.1 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that MicroSectors FANG's price fluctuation is somewhat reliable at this time. Calculation of the real value of MicroSectors FANG Index is based on 3 months time horizon. Increasing MicroSectors FANG'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 MicroSectors etf is determined by what a typical buyer is willing to pay for full or partial control of MicroSectors FANG Index. Since MicroSectors FANG is currently traded on the exchange, buyers and sellers on that exchange determine the market value of MicroSectors Etf. However, MicroSectors FANG'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 15.31 | Real 14.01 | Hype 15.58 | Naive 13.36 |
The real value of MicroSectors Etf, also known as its intrinsic value, is the underlying worth of MicroSectors FANG Index ETF, which is reflected in its stock price. It is based on MicroSectors FANG's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of MicroSectors FANG'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 MicroSectors FANG Index helps investors to forecast how MicroSectors 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 MicroSectors FANG more accurately as focusing exclusively on MicroSectors FANG's fundamentals will not take into account other important factors: MicroSectors FANG Total Value Analysis
MicroSectors FANG Index is currently forecasted to have valuation of 38.85 B with market capitalization of 38.85 B, debt of 99.79 B, and cash on hands of 189.5 B. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the MicroSectors FANG fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
38.85 B | 38.85 B | 99.79 B | 189.5 B |
MicroSectors FANG Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. MicroSectors FANG has an asset utilization ratio of 8905.23 percent. This indicates that the ETF is making $89.05 for each dollar of assets. An increasing asset utilization means that MicroSectors FANG Index is more efficient with each dollar of assets it utilizes for everyday operations.MicroSectors FANG Profitability Analysis
The company reported the previous year's revenue of 16.35 B. Net Income was 3.49 B with profit before overhead, payroll, taxes, and interest of 21.49 B.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates MicroSectors FANG'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 MicroSectors FANG and how it compares across the competition.
About MicroSectors FANG Valuation
The etf valuation mechanism determines MicroSectors FANG's current worth on a weekly basis. Our valuation model uses a comparative analysis of MicroSectors FANG. We calculate exposure to MicroSectors FANG's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of MicroSectors FANG's related companies.The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. Microsectors Fang is traded on NYSEARCA Exchange in the United States.
Other Information on Investing in MicroSectors Etf
MicroSectors FANG financial ratios help investors to determine whether MicroSectors 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 MicroSectors with respect to the benefits of owning MicroSectors FANG security.