MicroSectors FANG Valuation
| FNGS Etf | USD 57.91 0.29 0.50% |
At this time, the etf appears to be undervalued. MicroSectors FANG ETN secures a last-minute Real Value of $61.81 per share. The latest price of the etf is $57.91. Our model forecasts the value of MicroSectors FANG ETN from analyzing the etf fundamentals such as Beta of 1.27, equity positions weight of 100.00 %, and One Year Return of 56.70 % as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that MicroSectors FANG's price fluctuation is very steady at this time. Calculation of the real value of MicroSectors FANG ETN 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 ETN. 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 57.91 | Real 61.81 | Hype 58.1 | Naive 59.19 |
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, news, and other external factors that may influence MicroSectors FANG'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 MicroSectors FANG ETN 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: About MicroSectors FANG Valuation
The etf valuation mechanism determines MicroSectors FANG's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of MicroSectors FANG ETN based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative 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 index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. Microsectors Fang is traded on NYSEARCA Exchange in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors FANG ETN. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of MicroSectors FANG ETN is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors FANG's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors FANG'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 MicroSectors FANG's market value can be influenced by many factors that don't directly affect MicroSectors FANG'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 MicroSectors FANG's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors FANG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors FANG'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.