VanEck Intermediate Valuation

ITM Etf  USD 45.74  0.07  0.15%   
At this time, the etf appears to be fairly valued. VanEck Intermediate Muni has a current Real Value of $45.85 per share. The regular price of the etf is $45.74. Our model measures the value of VanEck Intermediate Muni from inspecting the etf fundamentals such as Net Asset of 1.57 B, one year return of 1.10 %, and Number Of Employees of 13 as well as reviewing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
45.74
Please note that VanEck Intermediate's price fluctuation is very steady at this time. Calculation of the real value of VanEck Intermediate Muni is based on 3 months time horizon. Increasing VanEck Intermediate'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 VanEck etf is determined by what a typical buyer is willing to pay for full or partial control of VanEck Intermediate Muni. Since VanEck Intermediate is currently traded on the exchange, buyers and sellers on that exchange determine the market value of VanEck Etf. However, VanEck Intermediate'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  45.74 Real  45.85 Hype  45.81 Naive  45.82
The intrinsic value of VanEck Intermediate'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 VanEck Intermediate'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.
45.85
Real Value
46.08
Upside
Estimating the potential upside or downside of VanEck Intermediate Muni helps investors to forecast how VanEck 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 VanEck Intermediate more accurately as focusing exclusively on VanEck Intermediate's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
45.5546.1446.72
Details
Hype
Prediction
LowEstimatedHigh
45.5845.8146.04
Details
Naive
Forecast
LowNext ValueHigh
45.5945.8246.04
Details

About VanEck Intermediate Valuation

We use absolute and relative valuation methodologies to arrive at the intrinsic value of VanEck Intermediate Muni. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of VanEck Intermediate Muni based exclusively on its fundamental and basic technical indicators. By analyzing VanEck Intermediate's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of VanEck Intermediate's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of VanEck Intermediate. We calculate exposure to VanEck Intermediate's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of VanEck Intermediate's related companies.
When determining whether VanEck Intermediate Muni is a strong investment it is important to analyze VanEck Intermediate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck Intermediate's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Intermediate Muni. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of VanEck Intermediate Muni is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Intermediate's value that differs from its market value or its book value, called intrinsic value, which is VanEck Intermediate'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 VanEck Intermediate's market value can be influenced by many factors that don't directly affect VanEck Intermediate'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 VanEck Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Intermediate'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.