ProShares UltraShort holds recent Real Value of $27.12 per share. The prevailing price of the etf is $27.27. 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
(21.04)% 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 Utilities is rated third largest ETF in three year return as compared to similar ETFs. It is rated third largest ETF in five year return as compared to similar ETFs .
ProShares UltraShort is not too 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.