USCF Gold Valuation
| GLDX Etf | USD 33.64 0.01 0.03% |
At this time, the etf appears to be overvalued. USCF Gold Strategy owns a latest Real Value of $32.7 per share. The recent price of the etf is $33.64. Our model measures the value of USCF Gold Strategy from inspecting the etf fundamentals such as shares outstanding of 2.06 B, and One Year Return of 39.50 % as well as reviewing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that USCF Gold's price fluctuation is very steady at this time. Calculation of the real value of USCF Gold Strategy is based on 3 months time horizon. Increasing USCF Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since USCF Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of USCF Etf. However, USCF Gold'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 33.64 | Real 32.7 | Hype 33.64 | Naive 34.46 |
The intrinsic value of USCF Gold'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 USCF Gold'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 USCF Gold Strategy helps investors to forecast how USCF 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 USCF Gold more accurately as focusing exclusively on USCF Gold's fundamentals will not take into account other important factors: About USCF Gold Valuation
Our relative valuation model uses a comparative analysis of USCF Gold. We calculate exposure to USCF Gold's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of USCF Gold's related companies.The fund adviser seeks to achieve its investment objective by maintaining substantial economic exposure to the performance of the physical gold and gold futures markets . Uscf Gold is traded on NYSEARCA Exchange in the United States.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in USCF Gold Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of USCF Gold Strategy is measured differently than its book value, which is the value of USCF that is recorded on the company's balance sheet. Investors also form their own opinion of USCF Gold's value that differs from its market value or its book value, called intrinsic value, which is USCF Gold'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 USCF Gold's market value can be influenced by many factors that don't directly affect USCF Gold'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 USCF Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if USCF Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USCF Gold'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.