Etfmg Etf Valuation

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 Etf
  

USD 45.80  0.56  1.21%   

What is the current Etfmg valuation? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as Etfmg Prime, is its stock price multiplied by the total number of shares outstanding, calculating Etfmg Prime's enterprise value requires a different approach. It uses Etfmg Prime's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
Etfmg Prime Cyber shows a prevailing Real Value of $43.74 per share. The current price of the entity is $45.8. At this time, the entity appears to be overvalued. Our model computes the value of Etfmg Prime Cyber from reviewing the entity fundamentals such as Price to Sales of 2.58 X, total asset of 1.68 B, and Five Year Return of 10.27 % as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we advise purchasing undervalued instruments and trading away overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.
  
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Etfmg Prime Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as Etfmg Prime's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Overvalued
Today 45.80
Please note that Etfmg Prime's price fluctuation is very steady at this time. Calculation of the real value of Etfmg Prime Cyber is based on 3 months time horizon. Increasing Etfmg Prime's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Etfmg Prime Cyber is useful when determining the fair value of the Etfmg etf, which is usually determined by what a typical buyer is willing to pay for full or partial control of Etfmg Prime. Since Etfmg Prime is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Etfmg Etf. However, Etfmg Prime'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.
43.74
Real Value
46.07
Upside
Estimating the potential upside or downside of Etfmg Prime Cyber helps investors to forecast how Etfmg 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 Etfmg Prime more accurately as focusing exclusively on Etfmg Prime's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
43.3046.6650.03
Details
Hype
Prediction
LowEstimated ValueHigh
43.7146.0448.37
Details
Naive
Forecast
LowNext ValueHigh
44.6146.9449.27
Details

Etfmg Prime Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining Etfmg Prime's current stock value. Our valuation model uses many indicators to compare Etfmg Prime value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Etfmg Prime competition to find correlations between indicators driving Etfmg Prime's intrinsic value. More Info.
Etfmg Prime Cyber is one of the top ETFs in price to book as compared to similar ETFs. It is one of the top ETFs in bond positions weight as compared to similar ETFs creating about  0.10  of Bond Positions Weight per Price to Book. The ratio of Price to Book to Bond Positions Weight for Etfmg Prime Cyber is roughly  10.00 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Etfmg Prime by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Etfmg Prime's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Etfmg Prime's earnings, one of the primary drivers of an investment's value.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Etfmg Prime's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Etfmg Prime and how it compares across the competition.

About Etfmg Prime Valuation

The equity valuation mechanism determines the current worth of Etfmg Prime Cyber on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Etfmg Prime Cyber. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Etfmg Prime Cyber based exclusively on its fundamental and basic technical indicators. By analyzing Etfmg Prime's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Etfmg Prime's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Etfmg Prime. We calculate exposure to Etfmg Prime's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Etfmg Prime's related companies.
The index tracks the performance of the exchange-listed equity securities of companies across the globe that engage in providing cyber defense applications or services as a vital component of its overall business or provide hardware or software for cyber defense activities as a vital component of its overall business. Etfmg Prime is traded on NYSEArca Exchange in the United States.
Please check Risk vs Return Analysis. Note that the Etfmg Prime Cyber information on this page should be used as a complementary analysis to other Etfmg Prime's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Etfmg Prime Cyber price analysis, check to measure Etfmg Prime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Etfmg Prime is operating at the current time. Most of Etfmg Prime's value examination focuses on studying past and present price action to predict the probability of Etfmg Prime's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Etfmg Prime's price. Additionally, you may evaluate how the addition of Etfmg Prime to your portfolios can decrease your overall portfolio volatility.
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The market value of Etfmg Prime Cyber is measured differently than its book value, which is the value of Etfmg that is recorded on the company's balance sheet. Investors also form their own opinion of Etfmg Prime's value that differs from its market value or its book value, called intrinsic value, which is Etfmg Prime'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 Etfmg Prime's market value can be influenced by many factors that don't directly affect Etfmg Prime'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 Etfmg Prime's value and its price as these two are different measures arrived at by different means. Investors typically determine Etfmg Prime value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etfmg Prime'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.