IShares Transportation Valuation
| IYT Etf | USD 68.54 0.12 0.18% |
At this time, the entity appears to be fairly valued. iShares Transportation retains a regular Real Value of $69.14 per share. The prevalent price of the entity is $68.54. Our model calculates the value of iShares Transportation from evaluating the entity fundamentals such as Price To Book of 3.05 X, earnings per share of (6.59) X, and Price To Earning of 2.73 X as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that IShares Transportation's price fluctuation is very steady at this time. Calculation of the real value of iShares Transportation is based on 3 months time horizon. Increasing IShares Transportation's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
IShares Transportation's intrinsic value may or may not be the same as its current market price of 68.54, 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 68.54 | Real 69.14 | Hype 68.54 |
The intrinsic value of IShares Transportation'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 IShares Transportation'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 iShares Transportation Average helps investors to forecast how IShares 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 IShares Transportation more accurately as focusing exclusively on IShares Transportation's fundamentals will not take into account other important factors: IShares Transportation Total Value Analysis
iShares Transportation Average is currently anticipated to have company total value of 639.69 M with market capitalization of 639.69 M, debt of , and cash on hands of . Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the IShares Transportation fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
639.69 M | 639.69 M |
IShares Transportation Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The newest return on assets of IShares implies not a very effective usage of assets in December.About IShares Transportation Valuation
The etf valuation mechanism determines IShares Transportation's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of iShares Transportation based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of IShares Transportation. We calculate exposure to IShares Transportation's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of IShares Transportation's related companies.The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. Transportation Average is traded on BATS Exchange in the United States.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Transportation Average. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of iShares Transportation is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Transportation's value that differs from its market value or its book value, called intrinsic value, which is IShares Transportation'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 IShares Transportation's market value can be influenced by many factors that don't directly affect IShares Transportation'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 IShares Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Transportation'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.