Renaissance IPO Valuation
| IPO Etf | USD 38.70 0.94 2.37% |
At this time, the etf appears to be overvalued. Renaissance IPO ETF holds a recent Real Value of $34.06 per share. The prevailing price of the etf is $38.7. Our model determines the value of Renaissance IPO ETF from analyzing the etf fundamentals such as Price To Earning of 28.19 X, operating margin of 75.08 %, and Return On Equity of -6.57 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Renaissance IPO's price fluctuation is very steady at this time. Calculation of the real value of Renaissance IPO ETF is based on 3 months time horizon. Increasing Renaissance IPO's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Renaissance IPO is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Renaissance Etf. However, Renaissance IPO'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 38.7 | Real 34.06 | Hype 38.81 | Naive 40.36 |
The intrinsic value of Renaissance IPO'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 Renaissance IPO'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 Renaissance IPO ETF helps investors to forecast how Renaissance 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 Renaissance IPO more accurately as focusing exclusively on Renaissance IPO's fundamentals will not take into account other important factors: Renaissance IPO Profitability Analysis
The company reported the last year's revenue of 98.3 M. Total Income to common stockholders was 75.1 M.About Renaissance IPO Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Renaissance IPO ETF. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Renaissance IPO ETF based exclusively on its fundamental and basic technical indicators. By analyzing Renaissance IPO's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Renaissance IPO's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Renaissance IPO. We calculate exposure to Renaissance IPO's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Renaissance IPO's related companies. When determining whether Renaissance IPO ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Renaissance IPO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Renaissance Ipo Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Renaissance Ipo Etf:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Renaissance IPO ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Renaissance IPO ETF is measured differently than its book value, which is the value of Renaissance that is recorded on the company's balance sheet. Investors also form their own opinion of Renaissance IPO's value that differs from its market value or its book value, called intrinsic value, which is Renaissance IPO'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 Renaissance IPO's market value can be influenced by many factors that don't directly affect Renaissance IPO'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 Renaissance IPO's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renaissance IPO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renaissance IPO'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.