ProShares UltraShort Valuation

ProShares UltraShort Utilities -- USA Etf  

USD 27.27  0.54  1.94%

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 .
Fairly Valued
January 24, 2018
Market Value
Downside upside
Real Value
Target Price Odds
 Above  Below  
Upside upside
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.

Net Asset

ProShares UltraShort Net Asset Analysis
ProShares UltraShort Utilities is rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Trading--Inverse Equity category is currently estimated at about 3.83 Billion. ProShares UltraShort adds roughly 7.29 Million in net asset claiming only tiny portion of equities under Trading--Inverse Equity ETF category.