ProShares Decline Valuation
| EMTY Etf | USD 13.03 0.33 2.47% |
At this time, the etf appears to be overvalued. ProShares Decline holds a recent Real Value of $12.11 per share. The prevailing price of the etf is $13.03. Our model determines the value of ProShares Decline from analyzing the etf fundamentals such as Number Of Employees of 592, last dividend paid of 0.017, and One Year Return of (14.00) % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ProShares Decline's price fluctuation is very steady at this time. Calculation of the real value of ProShares Decline is based on 3 months time horizon. Increasing ProShares Decline's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since ProShares Decline is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares Decline'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 13.03 | Real 12.11 | Hype 13.03 | Naive 13.42 |
The intrinsic value of ProShares Decline'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 Decline'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 Decline of 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 Decline more accurately as focusing exclusively on ProShares Decline's fundamentals will not take into account other important factors: About ProShares Decline Valuation
Our relative valuation model uses a comparative analysis of ProShares Decline. We calculate exposure to ProShares Decline's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares Decline's related companies.The fund invests in financial instruments that the Advisor believes, in combination, should produce daily returns consistent with the funds investment objective. Decline is traded on NYSEARCA Exchange in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Decline of. 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. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of ProShares Decline 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 Decline's value that differs from its market value or its book value, called intrinsic value, which is ProShares Decline'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 Decline's market value can be influenced by many factors that don't directly affect ProShares Decline'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 Decline's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Decline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Decline'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.