ProShares Big Valuation
| DAT Etf | USD 45.71 0.05 0.11% |
At this time, the etf appears to be undervalued. ProShares Big Data holds a recent Real Value of $48.05 per share. The prevailing price of the etf is $45.71. Our model determines the value of ProShares Big Data from analyzing the etf fundamentals such as Beta of 1.06, equity positions weight of 99.71 %, and Net Asset of 1.66 M as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that ProShares Big's price fluctuation is very steady at this time. Calculation of the real value of ProShares Big Data is based on 3 months time horizon. Increasing ProShares Big's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
ProShares Big's intrinsic value may or may not be the same as its current market price of 45.71, 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 45.71 | Real 48.05 | Hype 45.68 | Naive 46.21 |
The intrinsic value of ProShares Big'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 Big'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 Big Data 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 Big more accurately as focusing exclusively on ProShares Big's fundamentals will not take into account other important factors: About ProShares Big Valuation
The etf valuation mechanism determines ProShares Big's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of ProShares Big Data 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 Big. We calculate exposure to ProShares Big's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares Big's related companies. When determining whether ProShares Big Data is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Big Data Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Big Data Etf:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares Big Data. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of ProShares Big Data 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 Big's value that differs from its market value or its book value, called intrinsic value, which is ProShares Big'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 Big's market value can be influenced by many factors that don't directly affect ProShares Big'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 Big's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Big is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Big'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.