ProShares Ultra Valuation

ProShares Ultra Bloomberg Natural Gas -- USA Etf  

USD 8.16  0.02  0.24%

ProShares Ultra Bloo holds recent Real Value of $7.57 per share. The prevailing price of the etf is $8.16. At this time the etf appears to be over valued. Macroaxis determines value of ProShares Ultra Bloo from analyzing the etf fundamentals such as Five Year Return of (46.69)%, Net Asset of 51.06M and Number of Employees of 197 as well as examining its technical indicators and Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.
Investment Horizon     30 Days    Login   to change
ProShares Ultra Bloomberg Natural Gas is rated below average in three year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs .
Over Valued
October 19, 2017
8.16
Market Value
Downside upside
7.57
Real Value
Target Price Odds
 Above  Below  
16.12
Upside
Upside upside
ProShares Ultra is relatively risky asset. Calculation of real value of ProShares Ultra Bloo is based on 1 month time horizon. Increasing ProShares Ultra Bloo time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Net Asset

ProShares Ultra Net Asset Analysis
ProShares Ultra Bloomberg Natural Gas is rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Trading--Leveraged Commodities category is currently estimated at about 937.05 Million. ProShares Ultra holds roughly 51.06 Million in net asset claiming about 5% of equities under Trading--Leveraged Commodities ETF category.