ProShares MSCI Valuation
| ANEW Etf | USD 46.14 0.16 0.35% |
At this time, the etf appears to be fairly valued. ProShares MSCI Trans holds a recent Real Value of $45.67 per share. The prevailing price of the etf is $46.14. Our model determines the value of ProShares MSCI Trans from analyzing the etf fundamentals such as Beta of 1.06, net asset of 22.06 M, and Equity Positions Weight of 99.68 % as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that ProShares MSCI's price fluctuation is very steady at this time. Calculation of the real value of ProShares MSCI Trans is based on 3 months time horizon. Increasing ProShares MSCI'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 ProShares etf is determined by what a typical buyer is willing to pay for full or partial control of ProShares MSCI Transformational. Since ProShares MSCI is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares MSCI'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 46.14 | Real 45.67 | Hype 46.17 | Naive 45.48 |
The intrinsic value of ProShares MSCI'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 ProShares MSCI'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 ProShares MSCI Transformational helps investors to forecast how ProShares 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 ProShares MSCI more accurately as focusing exclusively on ProShares MSCI's fundamentals will not take into account other important factors: About ProShares MSCI Valuation
Our relative valuation model uses a comparative analysis of ProShares MSCI. We calculate exposure to ProShares MSCI's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares MSCI's related companies.The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect - changes accelerated by COVID-19. MSCI Transformational is traded on NYSEARCA Exchange in the United States.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares MSCI Transformational. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of ProShares MSCI Trans is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares MSCI's value that differs from its market value or its book value, called intrinsic value, which is ProShares MSCI'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 ProShares MSCI's market value can be influenced by many factors that don't directly affect ProShares MSCI'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 ProShares MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares MSCI'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.