ProShares K Valuation Overview

OILK -- USA Etf  

USD 24.93  1.05  4.38%

ProShares K 1 holds recent Real Value of $24.67 per share. The prevailing price of the etf is $24.93. At this time the etf appears to be fairly valued. Macroaxis determines value of ProShares K 1 from analyzing the etf fundamentals such as Net Asset of 9.97M and Number of Employees of 467 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 K 1 Free Crude Oil Strategy is rated number one ETF in one year return as compared to similar ETFs. It is rated number one ETF in net asset as compared to similar ETFs making up about  268,715  of Net Asset per One Year Return.

Current Market Valuation

ProShares K 1 Valuation Boundaries
Fairly Valued
June 25, 2018
24.93
Market Value
24.67
Real Value
Target Odds
  
30.04
Upside
ProShares K is not too volatile asset. Calculation of real value of ProShares K 1 is based on 1 month time horizon. Increasing ProShares K 1 time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Net Asset

ProShares K Net Asset Analysis
ProShares K 1 Free Crude Oil Strategy is rated number one ETF in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Energy category is currently estimated at about 19.94 Million. ProShares K totals roughly 9.97 Million in net asset claiming about 50% of all ETFs under Energy category.
Additionally take a look at Your Equity Center. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.