ProShares UltraShort Valuation
| ZSL Etf | USD 2.62 0.30 10.27% |
Based on Macroaxis valuation methodology, the etf appears to be overvalued. ProShares UltraShort holds a recent Real Value of $2.57 per share. The prevailing price of the etf is $2.62. Our model determines the value of ProShares UltraShort from analyzing the etf fundamentals such as Net Asset of 33.77 M, one year return of (94.00) %, and Number Of Employees of 2 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ProShares UltraShort's price fluctuation is extremely dangerous at this time. Calculation of the real value of ProShares UltraShort is based on 3 months time horizon. Increasing ProShares UltraShort'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 UltraShort Silver. Since ProShares UltraShort is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares UltraShort'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 2.62 | Real 2.57 | Hype 2.28 |
The intrinsic value of ProShares UltraShort's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence ProShares UltraShort's stock price.
Estimating the potential upside or downside of ProShares UltraShort Silver 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 UltraShort more accurately as focusing exclusively on ProShares UltraShort's fundamentals will not take into account other important factors: About ProShares UltraShort Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of ProShares UltraShort Silver. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of ProShares UltraShort based exclusively on its fundamental and basic technical indicators. By analyzing ProShares UltraShort's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of ProShares UltraShort's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProShares UltraShort. We calculate exposure to ProShares UltraShort's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares UltraShort's related companies.The fund seeks to meet its investment objective by investing under normal market conditions in any one of, or combinations of, Financial Instruments based on the funds benchmark. Ultrashort Silver is traded on NYSEARCA Exchange in the United States.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Silver. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Investors evaluate ProShares UltraShort using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating ProShares UltraShort's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause ProShares UltraShort's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between ProShares UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, ProShares UltraShort's market price signifies the transaction level at which participants voluntarily complete trades.