ProShares Ultra Valuation Overview

BOIL -- USA Etf  

USD 26.01  0.63  2.36%

ProShares Ultra Bloo holds recent Real Value of $24.52 per share. The prevailing price of the etf is $26.01. 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 (49.68)%, Net Asset of 29.34M 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.
 Time Horizon     30 Days    Login   to change
ProShares Ultra Bloomberg Natural Gas is the top ETF in five year return as compared to similar ETFs. It is the top ETF in three year return as compared to similar ETFs .

Current Market Valuation

ProShares Ultra Bloo Valuation Boundaries
Over Valued
July 16, 2018
26.01
Market Value
24.52
Real Value
Target Odds
  
30.94
Upside
ProShares Ultra is not very 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.
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