Crude Oil Valuation

Crude Oil Strategy Proshares -- USA Etf  

USD 21.93  0.1  0.46%

Crude Oil Strategy shows prevailing Real Value of $21.89 per share. The current price of the entity is $21.93. At this time the entity appears to be fairly valued. Macroaxis approximates value of Crude Oil Strategy from analyzing the entity fundamentals such as Net Asset of 5.48M and Number of Employees of 467 as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
Investment Horizon     30 Days    Login   to change
Crude Oil Strategy Proshares is rated below average in net asset as compared to similar ETFs. It is regarded fourth largest ETF in one year return as compared to similar ETFs . The ratio of Net Asset to One Year Return for Crude Oil Strategy Proshares is about  1,068,226 
Fairly Valued
December 11, 2017
21.93
Market Value
Downside upside
21.89
Real Value
Target Price Odds
 Above  Below  
25.91
Upside
Upside upside
Crude Oil is not too volatile asset. Calculation of real value of Crude Oil Strategy is based on 1 month time horizon. Increasing Crude Oil Strategy time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Net Asset

Crude Oil Net Asset Analysis
Crude Oil Strategy Proshares is rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Commodities Energy category is currently estimated at about 4.24 Billion. Crude Oil adds roughly 5.48 Million in net asset claiming only tiny portion of ETFs in Commodities Energy category.