AXS 2X Valuation
| TARK Etf | USD 31.67 0.13 0.41% |
At this time, the entity appears to be fairly valued. AXS 2X Innovation shows a prevailing Real Value of $31.65 per share. The current price of the entity is $31.67. Our model approximates the value of AXS 2X Innovation from analyzing the entity fundamentals such as total asset of 48.98 M as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that AXS 2X's price fluctuation is not too volatile at this time. Calculation of the real value of AXS 2X Innovation is based on 3 months time horizon. Increasing AXS 2X's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
AXS 2X's intrinsic value may or may not be the same as its current market price of 31.67, 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 31.67 | Real 31.65 | Hype 31.33 | Naive 37.59 |
The intrinsic value of AXS 2X'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 AXS 2X's stock price.
Estimating the potential upside or downside of AXS 2X Innovation helps investors to forecast how AXS 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 AXS 2X more accurately as focusing exclusively on AXS 2X's fundamentals will not take into account other important factors: About AXS 2X Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of AXS 2X Innovation. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of AXS 2X Innovation based exclusively on its fundamental and basic technical indicators. By analyzing AXS 2X's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of AXS 2X's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of AXS 2X. We calculate exposure to AXS 2X's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of AXS 2X's related companies.The fund will enter into one or more swap agreements with major global financial institutions for a specified period ranging from a day to more than one year whereby the fund and the global financial institution will agree to exchange the return earned or realized on the ARK Innovation ETF. Axs 2X is traded on NASDAQ Exchange in the United States.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AXS 2X Innovation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of AXS 2X Innovation is measured differently than its book value, which is the value of AXS that is recorded on the company's balance sheet. Investors also form their own opinion of AXS 2X's value that differs from its market value or its book value, called intrinsic value, which is AXS 2X'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 AXS 2X's market value can be influenced by many factors that don't directly affect AXS 2X'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 AXS 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXS 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXS 2X'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.