Spinnaker ETF Valuation
| LGHT Etf | USD 10.85 0.11 1.00% |
At this time, the etf appears to be fairly valued. Spinnaker ETF Series has a current Real Value of $10.8 per share. The regular price of the etf is $10.85. Our model measures the value of Spinnaker ETF Series from inspecting the etf fundamentals such as Price To Earning of 13.40 X, total debt of 264.86 M, and Cash And Equivalents of 36.62 M as well as reviewing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Spinnaker ETF's price fluctuation is very steady at this time. Calculation of the real value of Spinnaker ETF Series is based on 3 months time horizon. Increasing Spinnaker ETF's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Spinnaker ETF's intrinsic value may or may not be the same as its current market price of 10.85, 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 10.85 | Real 10.8 | Hype 10.85 |
The intrinsic value of Spinnaker ETF'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 Spinnaker ETF'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 Spinnaker ETF Series helps investors to forecast how Spinnaker 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 Spinnaker ETF more accurately as focusing exclusively on Spinnaker ETF's fundamentals will not take into account other important factors: Spinnaker ETF Total Value Analysis
Spinnaker ETF Series is now forecasted to have valuation of 0 with market capitalization of 20.06 M, debt of 264.86 M, and cash on hands of 36.62 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Spinnaker ETF fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
0 | 20.06 M | 264.86 M | 36.62 M |
Spinnaker ETF 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 Spinnaker implies not a very effective usage of assets in February.Spinnaker ETF Profitability Analysis
The company reported the previous year's revenue of 14.2 M. Net Income was 4.94 M with profit before overhead, payroll, taxes, and interest of 0.About Spinnaker ETF Valuation
The etf valuation mechanism determines Spinnaker ETF's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Spinnaker ETF Series based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Spinnaker ETF. We calculate exposure to Spinnaker ETF's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Spinnaker ETF's related companies.Lighthouse Bank provides commercial and personal banking products and services to individuals, professionals, small to medium-sized businesses, and non-profit organizations in Santa Cruz and Santa Clara counties, California. Lighthouse Bank was founded in 2007 and is headquartered in Santa Cruz, California. LIGHTHOUSE BANK operates under Banks - Regional - US classification in USA and is traded on BATS Exchange.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Spinnaker ETF Series. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Spinnaker ETF Series is measured differently than its book value, which is the value of Spinnaker that is recorded on the company's balance sheet. Investors also form their own opinion of Spinnaker ETF's value that differs from its market value or its book value, called intrinsic value, which is Spinnaker ETF'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 Spinnaker ETF's market value can be influenced by many factors that don't directly affect Spinnaker ETF'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 Spinnaker ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spinnaker ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spinnaker ETF'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.