ProShares UltraShort holds recent Real Value of $18.31 per share. The prevailing price of the etf is $20.34. At this time the etf appears to be over valued. Macroaxis determines value of ProShares UltraShort from analyzing the etf fundamentals such as Ten Year Return of
(25.00)% 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.
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December 15, 2018
ProShares UltraShort is not very risky asset. Calculation of real value of ProShares UltraShort is based on 2 months time horizon. Increasing ProShares UltraShort time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.