ProShares Short Valuation
| REK Etf | USD 16.64 0.19 1.16% |
At this time, the etf appears to be overvalued. ProShares Short Real holds a recent Real Value of $15.42 per share. The prevailing price of the etf is $16.64. Our model determines the value of ProShares Short Real from analyzing the etf fundamentals such as Net Asset of 69.31 M, number of employees of 154, and One Year Return of (6.50) % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ProShares Short's price fluctuation is very steady at this time. Calculation of the real value of ProShares Short Real 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 16.64, 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 16.64 | Real 15.42 | Hype 16.64 | Naive 16.31 |
The intrinsic value of ProShares Short's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence ProShares Short's stock price.
Estimating the potential upside or downside of ProShares Short Real 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
We use absolute and relative valuation methodologies to arrive at the intrinsic value of ProShares Short Real. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of ProShares Short Real based exclusively on its fundamental and basic technical indicators. By analyzing ProShares Short's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of ProShares Short's intrinsic value. 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 Real 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 Real. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of ProShares Short Real 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.