ETRACS Monthly Valuation
| MVRL Etf | USD 16.89 0.20 1.17% |
At this time, the entity appears to be undervalued. ETRACS Monthly Pay shows a prevailing Real Value of $18.16 per share. The current price of the entity is $16.89. Our model computes the value of ETRACS Monthly Pay from evaluating the entity fundamentals such as net asset of 43.46 M, and Total Asset of 43.46 M as well as inspecting its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that ETRACS Monthly's price fluctuation is very steady at this time. Calculation of the real value of ETRACS Monthly Pay is based on 3 months time horizon. Increasing ETRACS Monthly'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 ETRACS etf is determined by what a typical buyer is willing to pay for full or partial control of ETRACS Monthly Pay. Since ETRACS Monthly is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ETRACS Etf. However, ETRACS Monthly'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 16.89 | Real 18.16 | Hype 16.89 | Naive 17.34 |
The intrinsic value of ETRACS Monthly's 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 ETRACS Monthly's stock price.
Estimating the potential upside or downside of ETRACS Monthly Pay helps investors to forecast how ETRACS 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 ETRACS Monthly more accurately as focusing exclusively on ETRACS Monthly's fundamentals will not take into account other important factors: About ETRACS Monthly Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of ETRACS Monthly Pay. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of ETRACS Monthly Pay based exclusively on its fundamental and basic technical indicators. By analyzing ETRACS Monthly's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of ETRACS Monthly's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of ETRACS Monthly. We calculate exposure to ETRACS Monthly's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ETRACS Monthly's related companies.The index is designed to track the overall performance of publicly-traded mortgage REITs that are listed and incorporated in the United States and derive at least 50 percent of their revenues from mortgage-related activity. Etracs Monthly is traded on NYSEARCA Exchange in the United States.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ETRACS Monthly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of ETRACS Monthly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Monthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Monthly'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 ETRACS Monthly's market value can be influenced by many factors that don't directly affect ETRACS Monthly'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 ETRACS Monthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Monthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Monthly'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.