Purpose Core Valuation
| PDF Etf | CAD 34.33 0.11 0.32% |
At this time, the etf appears to be overvalued. Purpose Core Dividend holds a recent Real Value of C$30.84 per share. The prevailing price of the etf is C$34.33. Our model determines the value of Purpose Core Dividend from analyzing the etf fundamentals such as Net Asset of 255.71 M, beta of 0.64, and One Year Return of 23.30 % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Purpose Core's price fluctuation is very steady at this time. Calculation of the real value of Purpose Core Dividend is based on 3 months time horizon. Increasing Purpose Core's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Purpose Core is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Purpose Etf. However, Purpose Core'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 34.33 | Real 30.84 | Hype 34.33 | Naive 34.71 |
The intrinsic value of Purpose Core'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 Purpose Core'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 Purpose Core Dividend helps investors to forecast how Purpose 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 Purpose Core more accurately as focusing exclusively on Purpose Core's fundamentals will not take into account other important factors: Purpose Core Total Value Analysis
Purpose Core Dividend is at this time forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Purpose Core fundamentals before making investing decisions based on enterprise value of the companyPurpose Core Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The recent return on assets of Purpose suggests not a very effective usage of assets in December.Purpose Core Past Distributions to stockholders
About Purpose Core Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Purpose Core Dividend. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Purpose Core Dividend based exclusively on its fundamental and basic technical indicators. By analyzing Purpose Core's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Purpose Core's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Purpose Core. We calculate exposure to Purpose Core's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose Core's related companies.The fund seeks to provide shareholders with long-term capital appreciation through investment in a portfolio of high quality North American dividend-paying equity securities and monthly cash distributions. PURPOSE CORE is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Purpose Etf
Purpose Core financial ratios help investors to determine whether Purpose Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Purpose with respect to the benefits of owning Purpose Core security.