ProShares UltraPro Valuation
| SDOW Etf | USD 29.84 0.32 1.08% |
At this time, the etf appears to be overvalued. ProShares UltraPro Short holds a recent Real Value of $28.12 per share. The prevailing price of the etf is $29.84. Our model determines the value of ProShares UltraPro Short from analyzing the etf fundamentals such as One Year Return of (28.90) %, net asset of 448.32 M, and Number Of Employees of 154 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ProShares UltraPro's price fluctuation is very steady at this time. Calculation of the real value of ProShares UltraPro Short is based on 3 months time horizon. Increasing ProShares UltraPro'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 UltraPro Short. Since ProShares UltraPro is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares UltraPro'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 29.84 | Real 28.12 | Hype 29.84 | Naive 30.25 |
The intrinsic value of ProShares UltraPro'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 UltraPro'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 UltraPro Short 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 UltraPro more accurately as focusing exclusively on ProShares UltraPro's fundamentals will not take into account other important factors: About ProShares UltraPro Valuation
Our relative valuation model uses a comparative analysis of ProShares UltraPro. We calculate exposure to ProShares UltraPro's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares UltraPro'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. Ultrapro Short is traded on NYSEARCA Exchange in the United States.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraPro Short. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Investors evaluate ProShares UltraPro Short using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating ProShares UltraPro's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investment professionals apply varied valuation frameworks to compute inherent worth and acquire positions when market prices trade at discounts to calculated value. External factors like market trends, sector rotation, and investor psychology can cause ProShares UltraPro's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between ProShares UltraPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, ProShares UltraPro's market price signifies the transaction level at which participants voluntarily complete trades.