ProShares UltraShort Valuation

SDP -- USA Etf  

USD 15.73  0.12  0.77%

ProShares UltraShort holds recent Real Value of $15.02 per share. The prevailing price of the etf is $15.73. At this time the etf appears to be overvalued. This module determines value of ProShares UltraShort from analyzing the etf fundamentals such as Ten Year Return of (25.32)%, Number of Employees of 10 and Last Dividend Paid of 0.05 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.
Overvalued
September 15, 2019
15.73
Market Value
15.02
Real Value
17.30
Upside
ProShares UltraShort is very steady 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.
Horizon     30 Days    Login   to change
ProShares UltraShort Utilities is rated below average in five year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs .
Also please take a look at World Market Map. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
Search macroaxis.com