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.
September 15, 2019
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.
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