ProShares High Valuation
| HYHG Etf | USD 65.52 0.17 0.26% |
At this time, the etf appears to be fairly valued. ProShares High Yield holds a recent Real Value of $65.32 per share. The prevailing price of the etf is $65.52. Our model determines the value of ProShares High Yield from analyzing the etf fundamentals such as Number Of Employees of 244, net asset of 122.78 M, and One Year Return of 11.80 % as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that ProShares High's price fluctuation is very steady at this time. Calculation of the real value of ProShares High Yield is based on 3 months time horizon. Increasing ProShares High's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the ProShares etf is determined by what a typical buyer is willing to pay for full or partial control of ProShares High YieldInterest. Since ProShares High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares High's intrinsic value may or may not be the same as its current market price, 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 65.52 | Real 65.32 | Hype 65.52 |
The real value of ProShares Etf, also known as its intrinsic value, is the underlying worth of ProShares High Yield ETF, which is reflected in its stock price. It is based on ProShares High's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of ProShares High'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, or news.
Estimating the potential upside or downside of ProShares High YieldInterest 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 High more accurately as focusing exclusively on ProShares High's fundamentals will not take into account other important factors: Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates ProShares High's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in ProShares High and how it compares across the competition.
About ProShares High Valuation
The etf valuation mechanism determines ProShares High's current worth on a weekly basis. Our valuation model uses a comparative analysis of ProShares High. We calculate exposure to ProShares High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares High's related companies. When determining whether ProShares High Yield is a strong investment it is important to analyze ProShares High's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares High's future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ProShares High YieldInterest. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of ProShares High Yield 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 High's value that differs from its market value or its book value, called intrinsic value, which is ProShares High'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 High's market value can be influenced by many factors that don't directly affect ProShares High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares High'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.