ProShares UltraShort Valuation

BIS -- USA Etf  

USD 12.64  0.21  1.63%

ProShares UltraShort holds recent Real Value of $12.94 per share. The prevailing price of the etf is $12.64. At this time the etf appears to be under valued. This module determines value of ProShares UltraShort from analyzing the etf fundamentals such as Net Asset of 23.75 M, Bond Positions Weight of 1.89  and Number of Employees of 9 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.
Under Valued
February 19, 2020
Real Value
ProShares UltraShort is slightly risky asset. Calculation of real value of ProShares UltraShort is based on 3 months time horizon. Increasing ProShares UltraShort time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.
ProShares UltraShort Nasdaq Bio is the top ETF in five year return as compared to similar ETFs. It is the top ETF in three year return as compared to similar ETFs .
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