ETRACS 2xMonthly Valuation
| PFFL Etf | USD 9.00 0.02 0.22% |
At this time, the entity appears to be fairly valued. ETRACS 2xMonthly Pay shows a prevailing Real Value of $8.94 per share. The current price of the entity is $9.0. Our model computes the value of ETRACS 2xMonthly Pay from evaluating the entity fundamentals such as Total Asset of 18.95 M, net asset of 18.95 M, and Beta of 39.14 as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that ETRACS 2xMonthly's price fluctuation is not too volatile at this time. Calculation of the real value of ETRACS 2xMonthly Pay is based on 3 months time horizon. Increasing ETRACS 2xMonthly'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 2xMonthly Pay. Since ETRACS 2xMonthly is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ETRACS Etf. However, ETRACS 2xMonthly'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 9.0 | Real 8.94 | Hype 9.0 | Naive 9.1 |
The intrinsic value of ETRACS 2xMonthly'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 2xMonthly's stock price.
Estimating the potential upside or downside of ETRACS 2xMonthly 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 2xMonthly more accurately as focusing exclusively on ETRACS 2xMonthly's fundamentals will not take into account other important factors: About ETRACS 2xMonthly Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of ETRACS 2xMonthly Pay. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of ETRACS 2xMonthly Pay based exclusively on its fundamental and basic technical indicators. By analyzing ETRACS 2xMonthly's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of ETRACS 2xMonthly's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of ETRACS 2xMonthly. We calculate exposure to ETRACS 2xMonthly's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ETRACS 2xMonthly's related companies.The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds that hold preferred securities of various issuers. Etracs 2X is traded on NYSEARCA Exchange in the United States.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ETRACS 2xMonthly 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 census. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of ETRACS 2xMonthly 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 2xMonthly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 2xMonthly'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 2xMonthly's market value can be influenced by many factors that don't directly affect ETRACS 2xMonthly'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 2xMonthly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2xMonthly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS 2xMonthly'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.