ProShares Short Valuation
| PSQ Etf | USD 40.00 0.14 0.35% |
At this time, the etf appears to be undervalued. ProShares Short QQQ holds a recent Real Value of $43.13 per share. The prevailing price of the etf is $40.0. Our model determines the value of ProShares Short QQQ from analyzing the etf fundamentals such as Net Asset of 1.58 B, one year return of (3.00) %, and Number Of Employees of 10 as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that ProShares Short's price fluctuation is very steady at this time. Calculation of the real value of ProShares Short QQQ is based on 3 months time horizon. Increasing ProShares Short's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
ProShares Short's intrinsic value may or may not be the same as its current market price of 40.00, 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 40.0 | Real 43.13 | Hype 40.08 | Naive 38.86 |
The intrinsic value of ProShares Short'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 Short'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 Short QQQ 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 Short more accurately as focusing exclusively on ProShares Short's fundamentals will not take into account other important factors: About ProShares Short Valuation
The etf valuation mechanism determines ProShares Short's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of ProShares Short QQQ 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 Short. We calculate exposure to ProShares Short's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares Short'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. Short QQQ is traded on NYSEARCA Exchange in the United States.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares Short QQQ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of ProShares Short QQQ 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 Short's value that differs from its market value or its book value, called intrinsic value, which is ProShares Short'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 Short's market value can be influenced by many factors that don't directly affect ProShares Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Short'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.