Blockchain Technologies Valuation
| HBLK Etf | CAD 21.17 0.44 2.12% |
At this time, the entity appears to be undervalued. Blockchain Technologies shows a prevailing Real Value of C$22.04 per share. The current price of the entity is C$21.17. Our model approximates the value of Blockchain Technologies from analyzing the entity fundamentals such as Beta of 2.72, equity positions weight of 99.18 %, and One Year Return of 76.80 % as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that Blockchain Technologies' price fluctuation is not too volatile at this time. Calculation of the real value of Blockchain Technologies is based on 3 months time horizon. Increasing Blockchain Technologies' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Blockchain Technologies is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Blockchain Etf. However, Blockchain Technologies' 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 21.17 | Real 22.04 | Hype 21.17 |
The intrinsic value of Blockchain Technologies' 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 Blockchain Technologies' 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 Blockchain Technologies ETF helps investors to forecast how Blockchain 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 Blockchain Technologies more accurately as focusing exclusively on Blockchain Technologies' fundamentals will not take into account other important factors: About Blockchain Technologies Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Blockchain Technologies ETF. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Blockchain Technologies based exclusively on its fundamental and basic technical indicators. By analyzing Blockchain Technologies's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Blockchain Technologies's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Blockchain Technologies. We calculate exposure to Blockchain Technologies's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Blockchain Technologies's related companies.The Harvest ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Harvest Blockchain Technologies Index. BLOCKCHAIN TECHNOLOGIES is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Blockchain Etf
Blockchain Technologies financial ratios help investors to determine whether Blockchain 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 Blockchain with respect to the benefits of owning Blockchain Technologies security.