ProShares UltraPro Valuation

ProShares UltraPro 3x Short Crude Oil -- USA Etf  

USD 12.55  0.08  0.63%

ProShares UltraPro 3x holds recent Real Value of $12.6 per share. The prevailing price of the etf is $12.55. At this time the etf appears to be fairly valued. Macroaxis determines value of ProShares UltraPro 3x from analyzing the etf fundamentals such as Number of Employees of 526 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

Dividends

ProShares UltraPro Dividends Paid
Fairly Valued
December 16, 2017
12.55
Market Value
Downside upside
12.6
Real Value
Target Price Odds
 Above  Below  
24.78
Upside
Upside upside
ProShares UltraPro is relatively volatile asset. Calculation of real value of ProShares UltraPro 3x is based on 1 month time horizon. Increasing ProShares UltraPro 3x time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Net Asset

ProShares UltraPro Net Asset Analysis
ProShares UltraPro 3x Short Crude Oil 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 590.11 Million. ProShares UltraPro holds roughly 18.25 Million in net asset claiming about 3% of equities under Trading--Inverse Commodities ETF category.