Purpose Fund Valuation
| PYF-B Etf | CAD 21.15 0.12 0.57% |
At this time, the etf appears to be overvalued. Purpose Fund Corp holds a recent Real Value of C$20.54 per share. The prevailing price of the etf is C$21.15. Our model determines the value of Purpose Fund Corp from analyzing the etf fundamentals such as beta of 0.14 as well as examining its technical indicators and probability of bankruptcy.
About Purpose Fund Valuation
The etf valuation mechanism determines Purpose Fund's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Purpose Fund Corp based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Purpose Fund. We calculate exposure to Purpose Fund's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose Fund's related companies.Other Information on Investing in Purpose Etf
Purpose Fund 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 Fund security.