Purpose Silver Valuation
| SBT-U Etf | USD 17.79 0.12 0.67% |
At this time, the etf appears to be overvalued. Purpose Silver Bullion holds a recent Real Value of $16.13 per share. The prevailing price of the etf is $17.79. Our model determines the value of Purpose Silver Bullion from analyzing the etf fundamentals such as total asset of 46.3 M as well as examining its technical indicators and probability of bankruptcy.
About Purpose Silver Valuation
The etf valuation mechanism determines Purpose Silver's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Purpose Silver Bullion 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 Silver. We calculate exposure to Purpose Silver's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose Silver's related companies.The Fund has been created to buy and hold substantially all of its assets in silver bullion and, incidental thereto, minor amounts of silver certificates, if any. The Fund invests in and holds unencumbered silver bullion on a long-term basis in 1,000 ounce international bar sizes, and not to speculate with regard to short-term changes in silver prices in order to provide investors with the ability to effectively invest in unencumbered silver bullion in a convenient and secure manner, without the associated inconvenience and relatively high transaction, handling, storage, insurance and other costs typical of a direct silver bullion investment. SILVER BULLION is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Purpose Etf
Purpose Silver 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 Silver security.