ProShares UltraShort holds recent Real Value of $27.81 per share. The prevailing price of the etf is $28.0. 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
5.01% and Earnings Per Share of (2.57)times 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 second largest ETF in net asset as compared to similar ETFs. It is rated fifth 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 47,167,665
ProShares UltraShort is not very risky asset. Calculation of real value of ProShares UltraShort is based on 1 month time horizon. Increasing ProShares UltraShort time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.