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.
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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 .
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.