ETRACS Monthly Valuation
| HDLB Etf | USD 15.71 0.05 0.32% |
At this time, the entity appears to be undervalued. ETRACS Monthly Pay shows a prevailing Real Value of $16.8 per share. The current price of the entity is $15.71. Our model computes the value of ETRACS Monthly Pay from evaluating the entity fundamentals such as One Year Return of 62.50 %, last dividend paid of 0.065, and Total Asset of 16.87 M as well as inspecting its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that ETRACS Monthly's price fluctuation is very steady at this time. Calculation of the real value of ETRACS Monthly Pay is based on 3 months time horizon. Increasing ETRACS Monthly's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since ETRACS Monthly is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ETRACS Etf. However, ETRACS Monthly'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 15.71 | Real 16.8 | Hype 15.75 | Naive 16.15 |
The real value of ETRACS Etf, also known as its intrinsic value, is the underlying worth of ETRACS Monthly Pay ETF, which is reflected in its stock price. It is based on ETRACS Monthly's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of ETRACS Monthly'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 ETRACS Monthly Pay helps investors to forecast how ETRACS 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 ETRACS Monthly more accurately as focusing exclusively on ETRACS Monthly's fundamentals will not take into account other important factors: Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates ETRACS Monthly'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 ETRACS Monthly and how it compares across the competition.
About ETRACS Monthly Valuation
The etf valuation mechanism determines ETRACS Monthly's current worth on a weekly basis. Our valuation model uses a comparative analysis of ETRACS Monthly. We calculate exposure to ETRACS Monthly's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ETRACS Monthly's related companies.The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U.S. listed stocks by market capitalization, as described herein. Etracs 2X 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 ETRACS Monthly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. 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 ETRACS Monthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Monthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Monthly'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 ETRACS Monthly's market value can be influenced by many factors that don't directly affect ETRACS Monthly'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 ETRACS Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Monthly'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.