ASHX Valuation
| ASHX Etf | USD 20.87 0.28 1.36% |
At this time, the entity appears to be overvalued. ASHX shows a prevailing Real Value of $19.61 per share. The current price of the entity is $20.87. Our model approximates the value of ASHX from reviewing the entity fundamentals such as Price To Earning of 13.38 X, beta of 0.65, and Price To Sales of 1.30 X as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ASHX's price fluctuation is very steady at this time. Calculation of the real value of ASHX is based on 3 months time horizon. Increasing ASHX's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since ASHX is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ASHX Etf. However, ASHX'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 20.87 | Real 19.61 | Hype 20.87 |
The intrinsic value of ASHX'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 ASHX'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.
Estimating the potential upside or downside of ASHX helps investors to forecast how ASHX 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 ASHX more accurately as focusing exclusively on ASHX's fundamentals will not take into account other important factors: About ASHX Valuation
Our relative valuation model uses a comparative analysis of ASHX. We calculate exposure to ASHX's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ASHX's related companies. When determining whether ASHX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASHX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ashx Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ashx Etf:Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of ASHX is measured differently than its book value, which is the value of ASHX that is recorded on the company's balance sheet. Investors also form their own opinion of ASHX's value that differs from its market value or its book value, called intrinsic value, which is ASHX'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 ASHX's market value can be influenced by many factors that don't directly affect ASHX'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 ASHX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASHX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASHX'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.