VanEck Sustainable Valuation
VEGI Etf | 24.29 0.03 0.12% |
At this time, the etf appears to be overvalued. VanEck Sustainable Future has a current Real Value of USD23.0 per share. The regular price of the etf is USD24.29. Our model measures the value of VanEck Sustainable Future from inspecting the etf fundamentals such as beta of 0.56 as well as reviewing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that VanEck Sustainable's price fluctuation is very steady at this time. Calculation of the real value of VanEck Sustainable Future is based on 3 months time horizon. Increasing VanEck Sustainable'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 VanEck etf is determined by what a typical buyer is willing to pay for full or partial control of VanEck Sustainable Future. Since VanEck Sustainable is currently traded on the exchange, buyers and sellers on that exchange determine the market value of VanEck Etf. However, VanEck Sustainable'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 24.29 | Real 23.0 | Hype 24.28 | Naive 24.2 |
The intrinsic value of VanEck Sustainable'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 Sustainable'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 Sustainable Future 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 Sustainable more accurately as focusing exclusively on VanEck Sustainable's fundamentals will not take into account other important factors: About VanEck Sustainable Valuation
The etf valuation mechanism determines VanEck Sustainable's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of VanEck Sustainable Future based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of VanEck Sustainable. We calculate exposure to VanEck Sustainable's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of VanEck Sustainable's related companies.Other Information on Investing in VanEck Etf
VanEck Sustainable financial ratios help investors to determine whether VanEck 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 VanEck with respect to the benefits of owning VanEck Sustainable security.