Impact Shares Valuation
| NACP Etf | USD 39.87 0.48 1.22% |
At this time, the entity appears to be fairly valued. Impact Shares NAACP retains a regular Real Value of $39.97 per share. The prevalent price of the entity is $39.87. Our model calculates the value of Impact Shares NAACP from evaluating the entity fundamentals such as Number Of Employees of 645, net asset of 33.67 M, and Beta of 1.02 as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Impact Shares' price fluctuation is very steady at this time. Calculation of the real value of Impact Shares NAACP is based on 3 months time horizon. Increasing Impact Shares' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Impact Shares' intrinsic value may or may not be the same as its current market price of 39.87, 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 39.87 | Real 39.97 | Hype 39.43 |
The intrinsic value of Impact Shares' 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 Impact Shares' 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 Impact Shares NAACP helps investors to forecast how Impact 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 Impact Shares more accurately as focusing exclusively on Impact Shares' fundamentals will not take into account other important factors: About Impact Shares Valuation
The etf valuation mechanism determines Impact Shares' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Impact Shares NAACP based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Impact Shares. We calculate exposure to Impact Shares's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Impact Shares's related companies.The fund will, under normal circumstances, invest at least 80 percent of its total assets, plus borrowings for investment purposes in component securities of the underlying index . Impact Shares 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 Impact Shares NAACP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Impact Shares NAACP is measured differently than its book value, which is the value of Impact that is recorded on the company's balance sheet. Investors also form their own opinion of Impact Shares' value that differs from its market value or its book value, called intrinsic value, which is Impact Shares' 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 Impact Shares' market value can be influenced by many factors that don't directly affect Impact Shares' 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 Impact Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Impact Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Impact Shares' 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.