ProShares UltraShort Valuation Overview

SDP -- USA Etf  

USD 22.59  0.0049  0.0217%

ProShares UltraShort holds recent Real Value of $21.86 per share. The prevailing price of the etf is $22.59. 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 (23.18)% 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.
Horizon     30 Days    Login   to change
ProShares UltraShort Utilities is rated below average in ten year return as compared to similar ETFs. It is rated below average in five year return as compared to similar ETFs .

Current Market Valuation

ProShares UltraShort Valuation Boundaries

Over Valued
October 18, 2018
22.59
Market Value
21.86
Real Value
Target Odds
  
27.80
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.
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