Etracs 2x Leveraged Etf Current Valuation
| USML Etf | USD 41.76 0.64 1.51% |
Valuation analysis of ETRACS 2x Leveraged helps investors to measure ETRACS 2x's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that ETRACS 2x's price fluctuation is very steady at this time. Calculation of the real value of ETRACS 2x Leveraged is based on 3 months time horizon. Increasing ETRACS 2x's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the ETRACS etf is determined by what a typical buyer is willing to pay for full or partial control of ETRACS 2x Leveraged. Since ETRACS 2x is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ETRACS Etf. However, ETRACS 2x'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 41.76 | Real 38.36 | Hype 41.76 | Naive 42.6 |
The intrinsic value of ETRACS 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 ETRACS 2x's stock price.
Estimating the potential upside or downside of ETRACS 2x Leveraged helps investors to forecast how ETRACS 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 ETRACS 2x more accurately as focusing exclusively on ETRACS 2x's fundamentals will not take into account other important factors: ETRACS 2x Leveraged ETF Current Valuation Analysis
ETRACS 2x's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, ETRACS 2x Leveraged has a Current Valuation of 0.0. This indicator is about the same for the UBS average (which is currently at 0.0) family and about the same as Trading--Leveraged Equity (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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ETRACS Fundamentals
| Beta | 1.29 | |||
| Total Asset | 36.02 M | |||
| One Year Return | 1.60 % | |||
| Three Year Return | 10.30 % | |||
| Net Asset | 36.02 M |
About ETRACS 2x Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETRACS 2x Leveraged's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETRACS 2x using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETRACS 2x Leveraged based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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The market value of ETRACS 2x Leveraged is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS 2x's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 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 ETRACS 2x's market value can be influenced by many factors that don't directly affect ETRACS 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 ETRACS 2x's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS 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.