ProShares UltraShort Valuation

ProShares UltraShort Bloomberg Crude Oil -- USA Etf  

USD 33.91  0.79  2.39%

ProShares UltraShort holds recent Real Value of $34.16 per share. The prevailing price of the etf is $33.91. 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 10.62% 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.
Investment Horizon     30 Days    Login   to change
ProShares UltraShort Bloomberg Crude Oil is rated third largest ETF in three year return as compared to similar ETFs. It is rated third largest ETF in five year return as compared to similar ETFs reporting about  0.35  of Five Year Return per Three Year Return. The ratio of Three Year Return to Five Year Return for ProShares UltraShort Bloomberg Crude Oil is roughly  2.84 
Fairly Valued
October 19, 2017
33.91
Market Value
Downside upside
34.16
Real Value
Target Price Odds
 Above  Below  
42.41
Upside
Upside upside
ProShares UltraShort is not too volatile 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.

Net Asset

ProShares UltraShort Net Asset Analysis
ProShares UltraShort Bloomberg Crude Oil is rated second largest ETF in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Trading--Inverse Commodities category is currently estimated at about 788.8 Million. ProShares UltraShort totals roughly 241.57 Million in net asset claiming about 31% of equities under Trading--Inverse Commodities ETF category.