Aga Nav

Discussion in 'ETFs' started by TwosComplement, Aug 10, 2012.

  1. Take a look at the intrinsic value of AGA. The ratio of current price to NAV is the highest since I have been tracking it (3/12.) According to my calculations, the ratio reached 144.37% at the close today. The implication is that investors are forecasting a top in Agriculture Commodities and have overpriced the ETF. I am not trading this, but would like to expose the gap and open discussion.