MicroSectors FANG Valuation
| FNGO Etf | USD 111.10 1.70 1.55% |
At this time, the etf appears to be undervalued. MicroSectors FANG Index secures a last-minute Real Value of $115.88 per share. The latest price of the etf is $111.1. Our model forecasts the value of MicroSectors FANG Index from analyzing the etf fundamentals such as Net Asset of 80.58 M, total asset of 80.58 M, and Number Of Employees of 28 as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that MicroSectors FANG's price fluctuation is very steady at this time. Calculation of the real value of MicroSectors FANG Index is based on 3 months time horizon. Increasing MicroSectors FANG's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since MicroSectors FANG is currently traded on the exchange, buyers and sellers on that exchange determine the market value of MicroSectors Etf. However, MicroSectors FANG'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 111.1 | Real 115.88 | Hype 111.5 | Naive 108.17 |
The intrinsic value of MicroSectors FANG'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 MicroSectors FANG'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 MicroSectors FANG Index helps investors to forecast how MicroSectors 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 MicroSectors FANG more accurately as focusing exclusively on MicroSectors FANG's fundamentals will not take into account other important factors: About MicroSectors FANG Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of MicroSectors FANG Index. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of MicroSectors FANG Index based exclusively on its fundamental and basic technical indicators. By analyzing MicroSectors FANG's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of MicroSectors FANG's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of MicroSectors FANG. We calculate exposure to MicroSectors FANG's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of MicroSectors FANG's related companies.The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. Microsectors Fang is traded on NYSEARCA Exchange in the United States.
Other Information on Investing in MicroSectors Etf
MicroSectors FANG financial ratios help investors to determine whether MicroSectors Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MicroSectors with respect to the benefits of owning MicroSectors FANG security.