ETF Managers Valuation
| MJXL Etf | USD 0.39 0.01 2.50% |
ETF Managers seems to be overvalued based on Macroaxis valuation methodology. Our model computes the value of ETF Managers Group from examining the entity fundamentals such as total asset of 570.68 K as well as evaluating its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ETF Managers' price fluctuation is very steady at this time. Calculation of the real value of ETF Managers Group is based on 3 months time horizon. Increasing ETF Managers' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the ETF etf is determined by what a typical buyer is willing to pay for full or partial control of ETF Managers Group. Since ETF Managers is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ETF Etf. However, ETF Managers' 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 0.39 | Real 0.38 | Hype 0.39 |
The intrinsic value of ETF Managers' stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence ETF Managers' stock price.
Estimating the potential upside or downside of ETF Managers Group helps investors to forecast how ETF 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 ETF Managers more accurately as focusing exclusively on ETF Managers' fundamentals will not take into account other important factors: About ETF Managers Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of ETF Managers Group. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of ETF Managers Group based exclusively on its fundamental and basic technical indicators. By analyzing ETF Managers's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of ETF Managers's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of ETF Managers. We calculate exposure to ETF Managers's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ETF Managers's related companies.The financial instruments in which the fund most commonly invests are swap agreements which are intended to produce economically leveraged investment results. Etfmg Daily is traded on NYSEARCA Exchange in the United States.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' 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 ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' 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 ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' 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.