ProShares K Valuation Overview

OILK -- USA Etf  

USD 23.56  0.000001  0.00%

ProShares K 1 holds recent Real Value of $23.7 per share. The prevailing price of the etf is $23.56. 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 9.62M 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 below average in net asset as compared to similar ETFs. It is regarded third largest ETF in one year return as compared to similar ETFs . The ratio of Net Asset to One Year Return for ProShares K 1 Free Crude Oil Strategy is about  271,558 

Current Market Valuation

ProShares K 1 Valuation Boundaries
Fairly Valued
June 18, 2018
23.56
Market Value
23.70
Real Value
Target Odds
  
29.16
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 below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Energy category is currently estimated at about 3.68 Billion. ProShares K adds roughly 9.62 Million in net asset claiming only tiny portion of all ETFs under Energy category.
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