ProShares UltraShort Valuation Overview

SDD -- USA Etf  

USD 12.28  0.23  1.91%

ProShares UltraShort holds recent Real Value of $12.38 per share. The prevailing price of the etf is $12.28. At this time the etf appears to be fairly valued. Macroaxis determines value of ProShares UltraShort from analyzing the etf fundamentals such as Ten Year Return of (33.17)% and Number of Employees of 10 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 SmallCap600 is presently regarded as number one ETF in one year return as compared to similar ETFs. It is presently regarded as number one ETF in five year return as compared to similar ETFs .

Current Market Valuation

ProShares UltraShort Valuation Boundaries
Fairly Valued
June 21, 2018
12.28
Market Value
12.38
Real Value
Target Odds
  
15.80
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 SmallCap600 is presently regarded as number one ETF in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Trading--Inverse Equity category is currently estimated at about 5.95 Billion. ProShares UltraShort adds roughly 2.28 Million in net asset claiming only tiny portion of equities under Trading--Inverse Equity ETF category.
Also please take a look at World Market Map. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.