ProShares UltraShort Valuation Overview

KOLD -- USA Etf  

USD 43.12  1.21  2.73%

ProShares UltraShort holds recent Real Value of $42.54 per share. The prevailing price of the etf is $43.12. At this time the etf appears to be fairly valued. Macroaxis determines value of ProShares UltraShort from analyzing the etf fundamentals such as Five Year Return of 16.21%, Net Asset of 5.51M 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 UltraShort Bloomberg Natrl Gas is considered the top ETF in five year return as compared to similar ETFs. It is rated second overall ETF in one year return as compared to similar ETFs reporting about  3.26  of One Year Return per Five Year Return.

Current Market Valuation

ProShares UltraShort Valuation Boundaries
Fairly Valued
July 19, 2018
43.12
Market Value
42.54
Real Value
Target Odds
  
48.90
Upside
ProShares UltraShort is not too volatile asset. Calculation of real value of ProShares UltraShort is based on 1 month time horizon. Increasing ProShares UltraShort time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.
Please see also Stocks Correlation. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.