ProShares UltraShort Valuation

SDP -- USA Etf  

USD 22.48  0.37  1.64%

ProShares UltraShort holds recent Real Value of $22.66 per share. The prevailing price of the etf is $22.48. At this time the etf appears to be fairly valued. Macroaxis determines value of ProShares UltraShort from analyzing the etf fundamentals such as Last Dividend Paid of 0.011, Ten Year Return of (24.23)% 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 three year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs .

Current Market Valuation

ProShares UltraShort Valuation Boundaries

Fairly Valued
January 16, 2019
22.48
Market Value
22.66
Real Value
Target Odds
Odds Odds
29.83
Upside
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.
Also please take a look at World Market Map. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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