Proshares Ultrashort Russell Etf Current Valuation
| SKK Etf | USD 0.73 0.03 4.29% |
Valuation analysis of PROSHARES ULTRASHORT helps investors to measure PROSHARES ULTRASHORT'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 ULTRASHORT's price fluctuation is out of control at this time. Calculation of the real value of PROSHARES ULTRASHORT is based on 3 months time horizon. Increasing PROSHARES ULTRASHORT's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
PROSHARES ULTRASHORT's intrinsic value may or may not be the same as its current market price of 0.73, 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 0.73 | Real 0.72 | Hype 1.04 | Naive 0.65 |
The intrinsic value of PROSHARES ULTRASHORT'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 ULTRASHORT's stock price.
Estimating the potential upside or downside of PROSHARES ULTRASHORT RUSSELL 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 ULTRASHORT more accurately as focusing exclusively on PROSHARES ULTRASHORT's fundamentals will not take into account other important factors: PROSHARES ULTRASHORT RUSSELL ETF Current Valuation Analysis
PROSHARES ULTRASHORT'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 ULTRASHORT RUSSELL has a Current Valuation of 0.0. This indicator is about the same for the ProShares average (which is currently at 0.0) family and about the same as Trading-Inverse Equity (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 ULTRASHORT'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 ULTRASHORT could also be used in its relative valuation, which is a method of valuing PROSHARES ULTRASHORT by comparing valuation metrics of similar companies.PROSHARES ULTRASHORT is currently under evaluation in current valuation as compared to similar ETFs.
Fund Asset Allocation for PROSHARES ULTRASHORT
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks.Asset allocation divides PROSHARES ULTRASHORT's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
PROSHARES Fundamentals
| Number Of Employees | 10 | ||||
| Year To Date Return | (22.60) % | ||||
| One Year Return | (40.90) % | ||||
| Three Year Return | (28.00) % | ||||
| Net Asset | 3.08 M | ||||
| Equity Positions Weight | 9.20 % |
About PROSHARES ULTRASHORT Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PROSHARES ULTRASHORT RUSSELL's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PROSHARES ULTRASHORT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PROSHARES ULTRASHORT RUSSELL 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out PROSHARES ULTRASHORT Piotroski F Score and PROSHARES ULTRASHORT Altman Z Score analysis. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of PROSHARES ULTRASHORT 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 ULTRASHORT's value that differs from its market value or its book value, called intrinsic value, which is PROSHARES ULTRASHORT'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 ULTRASHORT's market value can be influenced by many factors that don't directly affect PROSHARES ULTRASHORT'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 ULTRASHORT's value and its price as these two are different measures arrived at by different means. Investors typically determine if PROSHARES ULTRASHORT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROSHARES ULTRASHORT'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.