ProShares UltraShort Valuation
| QQDN Etf | 34.22 0.15 0.44% |
ProShares UltraShort Top holds a recent Real Value of USD32.19 per share. The prevailing price of the etf is USD34.22. Our model determines the value of ProShares UltraShort Top from analyzing the etf technical indicators and probability of bankruptcy. In general, investors support obtaining undervalued etfs and abandoning overvalued etfs since, at some point, etf prices and their ongoing real values will merge together.
ProShares UltraShort Total Value Analysis
ProShares UltraShort Top is at this time forecasted to have valuation of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the ProShares UltraShort fundamentals before making equity appraisal based on enterprise value of the companyProShares UltraShort Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The recent return on assets of ProShares suggests not a very effective usage of assets in July.About ProShares UltraShort Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of ProShares UltraShort Top. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of ProShares UltraShort Top 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.Other Information on Investing in ProShares Etf
ProShares UltraShort financial ratios help investors to determine whether ProShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ProShares with respect to the benefits of owning ProShares UltraShort security.