VanEck Environmental Valuation
| EVX Etf | USD 191.90 0.92 0.48% |
At this time, the etf appears to be overvalued. VanEck Environmental has a current Real Value of $178.47 per share. The regular price of the etf is $191.9. Our model measures the value of VanEck Environmental from inspecting the etf fundamentals such as Price To Earning of 27.71 X, number of employees of 13, and Total Asset of 67.91 M as well as reviewing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that VanEck Environmental's price fluctuation is very steady at this time. Calculation of the real value of VanEck Environmental is based on 3 months time horizon. Increasing VanEck Environmental's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since VanEck Environmental is currently traded on the exchange, buyers and sellers on that exchange determine the market value of VanEck Etf. However, VanEck Environmental'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 191.9 | Real 178.47 | Hype 192.03 | Naive 195.46 |
The intrinsic value of VanEck Environmental'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 VanEck Environmental'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 VanEck Environmental Services helps investors to forecast how VanEck 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 VanEck Environmental more accurately as focusing exclusively on VanEck Environmental's fundamentals will not take into account other important factors: About VanEck Environmental Valuation
Our relative valuation model uses a comparative analysis of VanEck Environmental. We calculate exposure to VanEck Environmental's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of VanEck Environmental's related companies.The fund normally invests at least 80 percent of its total assets in common stocks and ADRs of companies involved in the environmental services industry. Vaneck Environmental is traded on NYSEARCA Exchange in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Environmental Services. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of VanEck Environmental is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Environmental's value that differs from its market value or its book value, called intrinsic value, which is VanEck Environmental'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 VanEck Environmental's market value can be influenced by many factors that don't directly affect VanEck Environmental'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 VanEck Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Environmental'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.