ProShares UltraShort Valuation

SDS -- USA Etf  

USD 38.80  0.35  0.01%

ProShares UltraShort holds recent Real Value of $36.46 per share. The prevailing price of the etf is $38.8. At this time the etf appears to be overvalued. Macroaxis determines value of ProShares UltraShort from analyzing the etf fundamentals such as Number of Employees of 10, Last Dividend Paid of 0.176 and Three Year Return of (18.23)% 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 SP500 is rated fourth largest ETF in one year return as compared to similar ETFs. It is rated below average in three year return as compared to similar ETFs .

Current Market Valuation

ProShares UltraShort Valuation Boundaries

Overvalued
January 23, 2019
38.80
Market Value
36.46
Real Value
Target Odds
Odds Odds
46.30
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.
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