ProShares Ultra Valuation
| UBT Etf | USD 18.14 0.04 0.22% |
At this time, the etf appears to be overvalued. ProShares Ultra 20 holds a recent Real Value of $17.17 per share. The prevailing price of the etf is $18.14. Our model determines the value of ProShares Ultra 20 from analyzing the etf fundamentals such as One Year Return of (0.60) %, net asset of 38.11 M, and Number Of Employees of 150 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ProShares Ultra's price fluctuation is very steady at this time. Calculation of the real value of ProShares Ultra 20 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.
ProShares Ultra's intrinsic value may or may not be the same as its current market price of 18.14, 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 18.14 | Real 17.17 | Hype 18.2 | Naive 17.98 |
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, news, and other external factors that may influence ProShares Ultra'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 Ultra 20 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: About ProShares Ultra Valuation
The etf valuation mechanism determines ProShares Ultra's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of ProShares Ultra 20 based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative 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 20 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 Ultra 20. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of ProShares Ultra 20 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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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.
Please note, there is a significant difference between ProShares Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra'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.