ProShares Ultra Valuation
| QLD Etf | USD 69.18 0.65 0.93% |
At this time, the etf appears to be fairly valued. ProShares Ultra QQQ holds a recent Real Value of $69.23 per share. The prevailing price of the etf is $69.18. Our model determines the value of ProShares Ultra QQQ from analyzing the etf fundamentals such as Total Asset of 2.54 B, number of employees of 10, and Price To Earning of 20.67 X as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that ProShares Ultra's price fluctuation is very steady at this time. Calculation of the real value of ProShares Ultra QQQ is based on 3 months time horizon. Increasing ProShares Ultra'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 Ultra QQQ. Since ProShares Ultra is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares Ultra'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 69.18 | Real 69.23 | Hype 69.19 |
The real value of ProShares Etf, also known as its intrinsic value, is the underlying worth of ProShares Ultra QQQ ETF, which is reflected in its stock price. It is based on ProShares Ultra's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of ProShares Ultra'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, or news.
Estimating the potential upside or downside of ProShares Ultra QQQ 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 Ultra more accurately as focusing exclusively on ProShares Ultra's fundamentals will not take into account other important factors: Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates ProShares Ultra's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in ProShares Ultra and how it compares across the competition.
About ProShares Ultra Valuation
The etf valuation mechanism determines ProShares Ultra's current worth on a weekly basis. Our valuation model uses a comparative analysis of ProShares Ultra. We calculate exposure to ProShares Ultra's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares Ultra's related companies.The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultra QQQ is traded on NYSEARCA Exchange in the United States.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Ultra QQQ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of ProShares Ultra QQQ 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because ProShares Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between ProShares Ultra's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ProShares Ultra should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, ProShares Ultra's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.