ProShares UltraShort Valuation

ProShares UltraShort Bloomberg Natrl Gas -- USA Etf  

USD 47.74  0.27  0.57%

ProShares UltraShort holds recent Real Value of $43.68 per share. The prevailing price of the etf is $47.74. At this time the etf appears to be over valued. Macroaxis determines value of ProShares UltraShort from analyzing the etf fundamentals such as Five Year Return of 4.8%, Net Asset of 4.82M 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 UltraShort Bloomberg Natrl Gas is considered the top ETF in one year return as compared to similar ETFs. It is considered the top ETF in three year return as compared to similar ETFs reporting about  1.51  of Three Year Return per One Year Return.
Over Valued
December 15, 2017
47.74
Market Value
Downside upside
43.68
Real Value
Target Price Odds
 Above  Below  
57.45
Upside
Upside upside
ProShares UltraShort is not very risky 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.

Net Asset

ProShares UltraShort Net Asset Analysis
ProShares UltraShort Bloomberg Natrl Gas is rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Trading--Inverse Commodities category is currently estimated at about 576.68 Million. ProShares UltraShort maintains roughly 4.82 Million in net asset contributing less than 1% to equities under Trading--Inverse Commodities ETF category.