ProShares UltraShort Valuation

ProShares UltraShort Bloomberg Crude Oil -- USA Etf  

USD 23.08  1.76  8.26%

ProShares UltraShort holds recent Real Value of $20.89 per share. The prevailing price of the etf is $23.08. At this time the etf appears to be over valued. Macroaxis determines value of ProShares UltraShort from analyzing the etf fundamentals such as Five Year Return of 3.17% 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.
 Time Horizon     30 Days    Login   to change
ProShares UltraShort Bloomberg Crude Oil is rated below average in three year return as compared to similar ETFs. It is rated third largest ETF in net asset as compared to similar ETFs .
Over Valued
February 24, 2018
23.08
Market Value
Downside upside
20.89
Real Value
Target Price Odds
 Above  Below  
30.28
Upside
Upside upside
ProShares UltraShort is not very 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 third 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 876.3 Million. ProShares UltraShort totals roughly 251.44 Million in net asset claiming about 29% of equities under Trading--Inverse Commodities ETF category.