ProShares UltraShort holds recent Real Value of $35.72 per share. The prevailing price of the etf is $35.23. 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
2.65%, Net Asset of 5.92M 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.
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ProShares UltraShort Bloomberg Natrl Gas is rated third overall ETF in three year return as compared to similar ETFs. It is rated below average in one year return as compared to similar ETFs .
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.