ProShares Trust Valuation
| BITI Etf | USD 22.94 0.19 0.82% |
At this time, the etf appears to be overvalued. ProShares Trust holds a recent Real Value of $22.48 per share. The prevailing price of the etf is $22.94. Our model determines the value of ProShares Trust from analyzing the etf fundamentals such as Return On Asset of -0.24, number of shares shorted of 4.52 K, and Current Valuation of 190.18 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ProShares Trust's price fluctuation is not too volatile at this time. Calculation of the real value of ProShares Trust is based on 3 months time horizon. Increasing ProShares Trust's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since ProShares Trust is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares Trust'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 22.94 | Real 22.48 | Hype 23.01 | Naive 22.96 |
The intrinsic value of ProShares Trust's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence ProShares Trust's stock price.
Estimating the potential upside or downside of ProShares Trust 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 Trust more accurately as focusing exclusively on ProShares Trust's fundamentals will not take into account other important factors: ProShares Trust Total Value Analysis
ProShares Trust is currently anticipated to have valuation of 190.18 M with market capitalization of 175.47 M, debt of 20.69 M, and cash on hands of 46.76 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the ProShares Trust fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
190.18 M | 175.47 M | 20.69 M | 46.76 M |
ProShares Trust Investor Information
ProShares Trust is is formed as Regluated Investment Company in the United States. ETF is managed and operated by JPMorgan Chase Bank, N.A.. The fund has 3 constituents across multiple sectors and instustries. The fund charges 0.95 percent management fee with a total expences of 1.03 percent of total asset. Based on the key indicators related to ProShares Trust's liquidity, profitability, solvency, and operating efficiency, ProShares Trust is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December.ProShares Trust Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. ProShares Trust has an asset utilization ratio of 2.6 percent. This signifies that the ETF is making $0.026 for each dollar of assets. An increasing asset utilization means that ProShares Trust is more efficient with each dollar of assets it utilizes for everyday operations.ProShares Trust Profitability Analysis
The company reported the previous year's revenue of 3.74 M. Net Loss for the year was (28.32 M) with profit before overhead, payroll, taxes, and interest of 3.74 M.About ProShares Trust Valuation
An absolute valuation paradigm, as applied to ProShares Etf, attempts to find the value of ProShares Trust based on its fundamental and basic technical indicators. By analyzing ProShares Trust's financials, quarterly and monthly indicators, and their related drivers, such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of ProShares Trust's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProShares Trust. We calculate exposure to ProShares Trust's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares Trust's related companies. When determining whether ProShares Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Trust Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProShares Trust . Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in ProShares Etf please use our How to Invest in ProShares Trust guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of ProShares Trust 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is ProShares Trust'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 Trust's market value can be influenced by many factors that don't directly affect ProShares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Trust'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.