ProShares UltraShort Valuation

ProShares UltraShort SP500 -- USA Etf  

USD 37.57  0.33  0.89%

ProShares UltraShort holds recent Real Value of $34.84 per share. The prevailing price of the etf is $37.57. 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 8.56%, Ten Year Return of (24.78)% 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 rated below average in ten year return as compared to similar ETFs. It is rated fourth largest ETF in bond positions weight as compared to similar ETFs .
Over Valued
January 21, 2018
37.57
Market Value
Downside upside
34.84
Real Value
Target Price Odds
 Above  Below  
41.18
Upside
Upside upside
ProShares UltraShort is not too 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.

Net Asset

ProShares UltraShort Net Asset Analysis
ProShares UltraShort SP500 is rated third largest ETF in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Trading--Inverse Equity category is currently estimated at about 4.81 Billion. ProShares UltraShort totals roughly 988.22 Million in net asset claiming about 21% of equities under Trading--Inverse Equity ETF category.