ProShares UltraShort Valuation
| EUO Etf | USD 28.29 0.10 0.35% |
At this time, the etf appears to be fairly valued. ProShares UltraShort Euro holds a recent Real Value of $28.48 per share. The prevailing price of the etf is $28.29. Our model determines the value of ProShares UltraShort Euro from analyzing the etf fundamentals such as Net Asset of 90.62 M, number of employees of 127, and Five Year Return of 1.60 % as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that ProShares UltraShort's price fluctuation is very steady at this time. Calculation of the real value of ProShares UltraShort Euro 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.
Since ProShares UltraShort is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares UltraShort'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 28.29 | Real 28.48 | Hype 28.29 | Naive 28.66 |
The intrinsic value of ProShares UltraShort'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 UltraShort'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 UltraShort Euro 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: About ProShares UltraShort Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of ProShares UltraShort Euro. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of ProShares UltraShort Euro based exclusively on its fundamental and basic technical indicators. By analyzing ProShares UltraShort's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of ProShares UltraShort's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProShares UltraShort. We calculate exposure to ProShares UltraShort's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares UltraShort's related companies.The fund seeks to meet its investment objective, under normal market conditions, by obtaining short exposures to its benchmark through futures contracts on its underlying currency. Ultrashort Euro is traded on NYSEARCA Exchange in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ProShares UltraShort Euro. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of ProShares UltraShort Euro 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.