ProShares Ultra Valuation
| UCYB Etf | USD 47.99 0.58 1.19% |
At this time, the etf appears to be overvalued. ProShares Ultra Nasdaq holds a recent Real Value of $43.35 per share. The prevailing price of the etf is $47.99. Our model determines the value of ProShares Ultra Nasdaq from analyzing the etf fundamentals such as Equity Positions Weight of 56.14 %, beta of 1.59, and Net Asset of 1.81 M as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that ProShares Ultra's price fluctuation is very steady at this time. Calculation of the real value of ProShares Ultra Nasdaq is based on 3 months time horizon. Increasing ProShares Ultra's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since ProShares Ultra is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares Ultra'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 47.99 | Real 43.35 | Hype 47.94 | Naive 48.4 |
The real value of ProShares Etf, also known as its intrinsic value, is the underlying worth of ProShares Ultra Nasdaq ETF, which is reflected in its stock price. It is based on ProShares Ultra's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of ProShares Ultra'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 Ultra Nasdaq 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 Ultra more accurately as focusing exclusively on ProShares Ultra'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 Ultra'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 Ultra and how it compares across the competition.
About ProShares Ultra Valuation
The etf valuation mechanism determines ProShares Ultra's current worth on a weekly basis. Our valuation model uses a comparative analysis of ProShares Ultra. We calculate exposure to ProShares Ultra's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares Ultra's related companies. When determining whether ProShares Ultra Nasdaq offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProShares Ultra's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proshares Ultra Nasdaq Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Proshares Ultra Nasdaq Etf:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Ultra Nasdaq. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of ProShares Ultra Nasdaq 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 Ultra's value that differs from its market value or its book value, called intrinsic value, which is ProShares Ultra'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 Ultra's market value can be influenced by many factors that don't directly affect ProShares Ultra'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 Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Ultra'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.