ProShares UltraShort Valuation

ProShares UltraShort Bloomberg Crude Oil -- USA Etf  

USD 27.82  0.59  2.17%

ProShares UltraShort holds recent Real Value of $27.67 per share. The prevailing price of the etf is $27.82. 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.
Investment Horizon     30 Days    Login   to change
ProShares UltraShort Bloomberg Crude Oil is rated fifth largest ETF in five year return as compared to similar ETFs. It is rated below average in one year return as compared to similar ETFs .
Fairly Valued
December 13, 2017
27.82
Market Value
Downside upside
27.67
Real Value
Target Price Odds
 Above  Below  
36.22
Upside
Upside upside
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.

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 808.17 Million. ProShares UltraShort totals roughly 236.31 Million in net asset claiming about 29% of equities under Trading--Inverse Commodities ETF category.