ProShares Valuation
| TDV Etf | USD 90.26 0.56 0.62% |
At this time, the etf appears to be fairly valued. ProShares SP Technology holds a recent Real Value of $88.82 per share. The prevailing price of the etf is $90.26. Our model determines the value of ProShares SP Technology from analyzing the etf fundamentals such as One Year Return of 16.30 %, number of employees of 5, and Last Dividend Paid of 0.14 as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that ProShares' price fluctuation is very steady at this time. Calculation of the real value of ProShares SP Technology is based on 3 months time horizon. Increasing ProShares' 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 SP Technology. Since ProShares is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares' 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 90.26 | Real 88.82 | Hype 89.91 |
The intrinsic value of ProShares' 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' 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 SP Technology 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 more accurately as focusing exclusively on ProShares' fundamentals will not take into account other important factors: About ProShares Valuation
Our relative valuation model uses a comparative analysis of ProShares. We calculate exposure to ProShares's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares's related companies.The index, constructed and maintained by SP Dow Jones Indices LLC, targets companies from the U.S. technology sector and select U.S. technology-related companies from the communication services and consumer discretionary sectors. SP Technology is traded on BATS Exchange in the United States.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares SP Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Understanding ProShares SP Technology requires distinguishing between market price and book value, where the latter reflects ProShares's accounting equity. The concept of intrinsic value - what ProShares' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investment professionals apply varied valuation frameworks to compute inherent worth and acquire positions when market prices trade at discounts to calculated value. Market sentiment, economic cycles, and investor behavior can push ProShares' price substantially above or below its fundamental value.
Please note, there is a significant difference between ProShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, ProShares' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.