Evolve Active Valuation
| DIVS Etf | CAD 17.01 0.02 0.12% |
At this time, the entity appears to be fairly valued. Evolve Active Canadian shows a prevailing Real Value of C$16.84 per share. The current price of the entity is C$17.01. Our model computes the value of Evolve Active Canadian from reviewing the entity fundamentals such as Last Dividend Paid of 0.07, net asset of 245.77 M, and One Year Return of 14.70 % as well as analyzing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Evolve Active's price fluctuation is very steady at this time. Calculation of the real value of Evolve Active Canadian is based on 3 months time horizon. Increasing Evolve Active's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Evolve Active is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Evolve Etf. However, Evolve Active'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 17.01 | Real 16.84 | Hype 17.01 | Naive 17.01 |
The intrinsic value of Evolve Active'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 Evolve Active'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 Evolve Active Canadian helps investors to forecast how Evolve 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 Evolve Active more accurately as focusing exclusively on Evolve Active's fundamentals will not take into account other important factors: About Evolve Active Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Evolve Active Canadian. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Evolve Active Canadian based exclusively on its fundamental and basic technical indicators. By analyzing Evolve Active's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Evolve Active's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Evolve Active. We calculate exposure to Evolve Active's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Evolve Active's related companies.The investment objective of CAPS is to seek to provide holders of Units with long-term capital appreciation by investing primarily in equity securities of U.S. listed large-capitalization companies using a selection process that combines quantitative techniques, fundamental analysis and risk management. EVOLVE ACTIVE is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Evolve Etf
Evolve Active financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Active security.