ProShares Nasdaq Valuation
| QQQA Etf | USD 49.23 0.55 1.13% |
At this time, the etf appears to be fairly valued. ProShares Nasdaq 100 holds a recent Real Value of $48.96 per share. The prevailing price of the etf is $49.23. Our model determines the value of ProShares Nasdaq 100 from analyzing the etf fundamentals such as Beta of 1.13, net asset of 14.75 M, and Equity Positions Weight of 99.99 % as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that ProShares Nasdaq's price fluctuation is very steady at this time. Calculation of the real value of ProShares Nasdaq 100 is based on 3 months time horizon. Increasing ProShares Nasdaq's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since ProShares Nasdaq is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares Nasdaq'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 49.23 | Real 48.96 | Hype 49.65 | Naive 49.78 |
The real value of ProShares Etf, also known as its intrinsic value, is the underlying worth of ProShares Nasdaq 100 ETF, which is reflected in its stock price. It is based on ProShares Nasdaq's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of ProShares Nasdaq'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 Nasdaq 100 Dorsey 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 Nasdaq more accurately as focusing exclusively on ProShares Nasdaq'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 Nasdaq'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 Nasdaq and how it compares across the competition.
About ProShares Nasdaq Valuation
The etf valuation mechanism determines ProShares Nasdaq's current worth on a weekly basis. Our valuation model uses a comparative analysis of ProShares Nasdaq. We calculate exposure to ProShares Nasdaq's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares Nasdaq's related companies.The index, which is constructed and maintained by Dorsey, Wright Associates, LLC , consists of 21 securities from the Nasdaq-100 Index with the highest price momentum. Nasdaq 100 is traded on NASDAQ Exchange in the United States.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Nasdaq 100 Dorsey. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of ProShares Nasdaq 100 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 Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is ProShares Nasdaq'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 Nasdaq's market value can be influenced by many factors that don't directly affect ProShares Nasdaq'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 Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Nasdaq'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.