SHP ETF Valuation
| KOCG Etf | USD 28.98 0.18 0.62% |
At this time, the etf appears to be fairly valued. SHP ETF Trust has a current Real Value of $28.66 per share. The regular price of the etf is $28.98. Our model measures the value of SHP ETF Trust from examining the etf fundamentals such as net asset of 16.54 M, and Beta of 1.03 as well as evaluating its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that SHP ETF's price fluctuation is very steady at this time. Calculation of the real value of SHP ETF Trust is based on 3 months time horizon. Increasing SHP ETF'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 SHP etf is determined by what a typical buyer is willing to pay for full or partial control of SHP ETF Trust. Since SHP ETF is currently traded on the exchange, buyers and sellers on that exchange determine the market value of SHP Etf. However, SHP ETF'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 28.98 | Real 28.66 | Hype 29.04 | Naive 28.96 |
The real value of SHP Etf, also known as its intrinsic value, is the underlying worth of SHP ETF Trust ETF, which is reflected in its stock price. It is based on SHP ETF's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of SHP ETF'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, or news.
Estimating the potential upside or downside of SHP ETF Trust helps investors to forecast how SHP 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 SHP ETF more accurately as focusing exclusively on SHP ETF's fundamentals will not take into account other important factors: Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates SHP ETF's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in SHP ETF and how it compares across the competition.
About SHP ETF Valuation
The etf valuation mechanism determines SHP ETF's current worth on a weekly basis. Our valuation model uses a comparative analysis of SHP ETF. We calculate exposure to SHP ETF's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of SHP ETF's related companies.Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities, including common stock and American Depositary Receipts and Global Depositary Receipts of international and domestic companies. Fis Knights is traded on NYSEARCA Exchange in the United States.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SHP ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of SHP ETF Trust is measured differently than its book value, which is the value of SHP that is recorded on the company's balance sheet. Investors also form their own opinion of SHP ETF's value that differs from its market value or its book value, called intrinsic value, which is SHP ETF'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 SHP ETF's market value can be influenced by many factors that don't directly affect SHP ETF'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 SHP ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if SHP ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SHP ETF'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.