ProShares UltraShort holds recent Real Value of $21.27 per share. The prevailing price of the etf is $20.99. At this time the etf appears to be fairly valued. Macroaxis determines value of ProShares UltraShort from analyzing the etf fundamentals such as Five Year Return of
2.27% and Earnings Per Share of 2.57times 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.
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ProShares UltraShort Bloomberg Crude Oil is rated below average in net asset as compared to similar ETFs. It is rated second largest ETF in five year return as compared to similar ETFs . The ratio of Net Asset to Five Year Return for ProShares UltraShort Bloomberg Crude Oil is about 91,428,970