Proshares Trust Etf Current Valuation
| BITU Etf | 32.04 2.38 6.91% |
Valuation analysis of ProShares Trust helps investors to measure ProShares Trust's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that ProShares Trust's price fluctuation is not too volatile at this time. Calculation of the real value of ProShares Trust is based on 3 months time horizon. Increasing ProShares Trust's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
ProShares Trust's intrinsic value may or may not be the same as its current market price of 32.04, 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 32.04 | Real 31.4 | Hype 32.04 |
The intrinsic value of ProShares Trust'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 Trust'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 Trust 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 Trust more accurately as focusing exclusively on ProShares Trust's fundamentals will not take into account other important factors: ProShares Trust ETF Current Valuation Analysis
ProShares Trust's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, ProShares Trust has a Current Valuation of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Digital Assets (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
ProShares Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProShares Trust's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ProShares Trust could also be used in its relative valuation, which is a method of valuing ProShares Trust by comparing valuation metrics of similar companies.ProShares Trust is currently under evaluation in current valuation as compared to similar ETFs.
About ProShares Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProShares Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProShares Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProShares Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out ProShares Trust Piotroski F Score and ProShares Trust Altman Z Score analysis. For more information on how to buy ProShares Etf please use our How to Invest in ProShares Trust guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of ProShares Trust is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Trust's value that differs from its market value or its book value, called intrinsic value, which is ProShares Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Trust's market value can be influenced by many factors that don't directly affect ProShares Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.