ProShares UltraShort Valuation

ProShares UltraShort SP500 -- USA Etf  

USD 39.21  0.68  1.70%

ProShares UltraShort holds recent Real Value of $37.88 per share. The prevailing price of the etf is $39.21. At this time the etf appears to be over valued. Macroaxis determines value of ProShares UltraShort from analyzing the etf fundamentals such as Bond Positions Weight of 8.32%, Ten Year Return of (26.41)% 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 SP500 is presently regarded as number one ETF in bond positions weight 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
April 22, 2018
39.21
Market Value
37.88
Real Value
Target Price Odds
 Above  Below  
45.05
Upside
ProShares UltraShort is not too volatile 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.

Net Asset

ProShares UltraShort Net Asset Analysis
ProShares UltraShort SP500 is rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Size and Style category is currently estimated at about 700.43 Billion. ProShares UltraShort adds roughly 799.73 Million in net asset claiming only tiny portion of equities under Size and Style ETF category.
Also please take a look at World Market Map. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.