Purpose Diversified Valuation
| PRA Etf | CAD 29.83 0.11 0.37% |
At this time, the etf appears to be fairly valued. Purpose Diversified Real holds a recent Real Value of C$29.63 per share. The prevailing price of the etf is C$29.83. Our model determines the value of Purpose Diversified Real from analyzing the etf fundamentals such as Price To Earning of 22.26 X, one year return of 9.00 %, and Beta of 0.55 as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Purpose Diversified's price fluctuation is very steady at this time. Calculation of the real value of Purpose Diversified Real is based on 3 months time horizon. Increasing Purpose Diversified's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Purpose Diversified is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Purpose Etf. However, Purpose Diversified'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 29.83 | Real 29.63 | Hype 29.84 | Naive 29.74 |
The intrinsic value of Purpose Diversified'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 Purpose Diversified'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 Purpose Diversified Real helps investors to forecast how Purpose 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 Purpose Diversified more accurately as focusing exclusively on Purpose Diversified's fundamentals will not take into account other important factors: About Purpose Diversified Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Purpose Diversified Real. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Purpose Diversified Real based exclusively on its fundamental and basic technical indicators. By analyzing Purpose Diversified's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Purpose Diversified's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Purpose Diversified. We calculate exposure to Purpose Diversified's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose Diversified's related companies.The Purpose Diversified Real Asset Fund seeks to provide shareholders with exposure to a diversified portfolio of asset classes that are directly or indirectly linked to physical assets with positive correlation to inflation and are expected to maintain their real value over time. PURPOSE DIVERSIFIED is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Purpose Etf
Purpose Diversified financial ratios help investors to determine whether Purpose 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 Purpose with respect to the benefits of owning Purpose Diversified security.