Purpose High Valuation

PSA Etf  CAD 50.06  0.01  0.02%   
At this time, the etf appears to be fairly valued. Purpose High Interest holds a recent Real Value of C$50.01 per share. The prevailing price of the etf is C$50.06. Our model determines the value of Purpose High Interest from analyzing the etf fundamentals such as net asset of 2.34 B, and Total Asset of 2.34 B as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
50.06
Please note that Purpose High's price fluctuation is very steady at this time. Calculation of the real value of Purpose High Interest is based on 3 months time horizon. Increasing Purpose High's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Purpose High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Purpose Etf. However, Purpose High'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  50.06 Real  50.01 Hype  50.06 Naive  50.07
The intrinsic value of Purpose High'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 High'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.
50.01
Real Value
55.07
Upside
Estimating the potential upside or downside of Purpose High Interest 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 High more accurately as focusing exclusively on Purpose High's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
49.9049.9950.08
Details
Hype
Prediction
LowEstimatedHigh
50.0450.0650.08
Details
Naive
Forecast
LowNext ValueHigh
50.0650.0750.09
Details

About Purpose High Valuation

We use absolute and relative valuation methodologies to arrive at the intrinsic value of Purpose High Interest. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Purpose High Interest based exclusively on its fundamental and basic technical indicators. By analyzing Purpose High's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Purpose High's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Purpose High. We calculate exposure to Purpose High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose High's related companies.
The fund seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing in high interest deposit accounts. PURPOSE HIGH is traded on Toronto Stock Exchange in Canada.

Other Information on Investing in Purpose Etf

Purpose High 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 High security.