ProShares UltraShort Valuation
| SDP Etf | USD 12.15 0.06 0.50% |
At this time, the etf appears to be overvalued. ProShares UltraShort holds a recent Real Value of $11.16 per share. The prevailing price of the etf is $12.15. Our model determines the value of ProShares UltraShort from analyzing the etf fundamentals such as Net Asset of 3.94 M, number of employees of 10, and One Year Return of (15.10) % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ProShares UltraShort's price fluctuation is not too volatile at this time. Calculation of the real value of ProShares UltraShort is based on 3 months time horizon. Increasing ProShares UltraShort's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
ProShares UltraShort's intrinsic value may or may not be the same as its current market price of 12.15, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.15 | Real 11.16 | Hype 12.15 | Naive 12.37 |
The intrinsic value of ProShares UltraShort's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence ProShares UltraShort's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of ProShares UltraShort Utilities helps investors to forecast how ProShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of ProShares UltraShort more accurately as focusing exclusively on ProShares UltraShort's fundamentals will not take into account other important factors: About ProShares UltraShort Valuation
The etf valuation mechanism determines ProShares UltraShort's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of ProShares UltraShort based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProShares UltraShort. We calculate exposure to ProShares UltraShort's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares UltraShort's related companies.The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. Ultrashort Utilities is traded on NYSEARCA Exchange in the United States.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Utilities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Understanding ProShares UltraShort requires distinguishing between market price and book value, where the latter reflects ProShares's accounting equity. The concept of intrinsic value—what ProShares UltraShort's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push ProShares UltraShort's price substantially above or below its fundamental value.
Please note, there is a significant difference between ProShares UltraShort's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares UltraShort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, ProShares UltraShort's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.