Simplify Exchange Valuation
| CDX Etf | USD 22.92 0.02 0.09% |
At this time, the etf appears to be fairly valued. Simplify Exchange Traded has a current Real Value of $22.93 per share. The regular price of the etf is $22.92. Our model measures the value of Simplify Exchange Traded from inspecting the etf fundamentals such as equity positions weight of 0.74 %, and Beta of 0.82 as well as reviewing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Simplify Exchange's price fluctuation is very steady at this time. Calculation of the real value of Simplify Exchange Traded is based on 3 months time horizon. Increasing Simplify Exchange's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Simplify Exchange is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Simplify Etf. However, Simplify Exchange'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 22.92 | Real 22.93 | Hype 22.92 | Naive 22.78 |
The intrinsic value of Simplify Exchange'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 Simplify Exchange'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 Simplify Exchange Traded helps investors to forecast how Simplify 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 Simplify Exchange more accurately as focusing exclusively on Simplify Exchange's fundamentals will not take into account other important factors: About Simplify Exchange Valuation
Our relative valuation model uses a comparative analysis of Simplify Exchange. We calculate exposure to Simplify Exchange's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Simplify Exchange's related companies.The adviser seeks to achieve the funds investment objective by investing in high yield bonds also known as junk bonds primarily by purchasing exchange traded funds and applying a credit hedge derivatives strategy to the funds investments. Simplify High is traded on NYSEARCA Exchange in the United States.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Simplify Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of Simplify Exchange Traded is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Exchange's value that differs from its market value or its book value, called intrinsic value, which is Simplify Exchange'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 Simplify Exchange's market value can be influenced by many factors that don't directly affect Simplify Exchange'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 Simplify Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Exchange'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.