ProShares Valuation

NOBL Etf  USD 101.36  0.29  0.29%   
At this time, the etf appears to be overvalued. ProShares SP 500 holds a recent Real Value of $91.73 per share. The prevailing price of the etf is $101.36. Our model determines the value of ProShares SP 500 from analyzing the etf fundamentals such as Number Of Employees of 264, total asset of 9.23 B, and Price To Earning of 19.16 X as well as examining its technical indicators and probability of bankruptcy. In general, most investors support picking up undervalued entities and discarding overvalued entities since, at some point, asset prices and their ongoing real values will merge together.
Overvalued
Today
101.36
Please note that ProShares' price fluctuation is very steady at this time. Calculation of the real value of ProShares SP 500 is based on 3 months time horizon. Increasing ProShares' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for ProShares SP 500 is useful when determining the fair value of the ProShares etf, which is usually determined by what a typical buyer is willing to pay for full or partial control of ProShares. Since ProShares is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ProShares Etf. However, ProShares' 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  101.36 Real  91.73 Hype  101.28 Naive  101.18
The real value of ProShares Etf, also known as its intrinsic value, is the underlying worth of ProShares SP 500 ETF, which is reflected in its stock price. It is based on ProShares' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of ProShares' 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' 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.
91.73
Real Value
111.50
Upside
Estimating the potential upside or downside of ProShares SP 500 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 more accurately as focusing exclusively on ProShares' fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
95.5898.38101.19
Details
Hype
Prediction
LowEstimatedHigh
100.66101.28101.90
Details
Potential
Annual Dividend
LowForecastedHigh
0.380.380.38
Details

ProShares Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining ProShares's current stock value. Our valuation model uses many indicators to compare ProShares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProShares competition to find correlations between indicators driving ProShares's intrinsic value. More Info.
ProShares SP 500 is rated below average in one year return as compared to similar ETFs. It is regarded fourth largest ETF in price to earning as compared to similar ETFs reporting about  1.13  of Price To Earning per One Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value ProShares by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ProShares' Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ProShares' earnings, one of the primary drivers of an investment's value.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates ProShares' 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 and how it compares across the competition.

About ProShares Valuation

The etf valuation mechanism determines the current worth of ProShares SP 500 on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of ProShares SP 500. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of ProShares SP 500 based exclusively on its fundamental and basic technical indicators. By analyzing ProShares's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of ProShares's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProShares. We calculate exposure to ProShares's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ProShares's related companies.

8 Steps to conduct ProShares' Valuation Analysis

ETF's valuation is the process of determining the worth of any etf in monetary terms. It estimates ProShares' potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of etf valuation is a single number representing a ETF's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct ProShares' valuation analysis, follow these 8 steps:
  • Gather financial information: Obtain ProShares' financial statements, including balance sheets, income statements, and cash flow statements.
  • Determine ProShares' revenue streams: Identify ProShares' primary sources of revenue, including products or services offered, target markets, and pricing strategies.
  • Analyze market data: Research ProShares' industry and market trends, including the size of the market, growth rate, and competition.
  • Establish ProShares' growth potential: Evaluate ProShares' management, business model, and growth potential.
  • Determine ProShares' financial performance: Analyze its financial statements to assess its historical performance and future potential.
  • Choose a valuation method: Consider the ETF's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
  • Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate ProShares' estimated value.
  • Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Note: This is a general outline, and different approaches and methods may be used depending on the type and size of the etf being valued. We also recomment to seek professional assistance to ensure accuracy.
ProShares' stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether ProShares' value is low or high relative to the company's performance and growth projections. Determining the market value of ProShares can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of ProShares represents a small ownership stake in the entity. As a stockholder of ProShares, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

ProShares Dividends Analysis For Valuation

Please note that ProShares has scaled down on payment of dividends at this time.
There are various types of dividends ProShares can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of ProShares shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from ProShares SP 500 directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When ProShares pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of ProShares by the value of the dividends paid out.
When determining whether ProShares SP 500 is a strong investment it is important to analyze ProShares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ProShares' future performance. For an informed investment choice regarding ProShares Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ProShares SP 500. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the ProShares SP 500 information on this page should be used as a complementary analysis to other ProShares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for ProShares Etf analysis

When running ProShares' price analysis, check to measure ProShares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProShares is operating at the current time. Most of ProShares' value examination focuses on studying past and present price action to predict the probability of ProShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProShares' price. Additionally, you may evaluate how the addition of ProShares to your portfolios can decrease your overall portfolio volatility.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
The market value of ProShares SP 500 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' value that differs from its market value or its book value, called intrinsic value, which is ProShares' 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' market value can be influenced by many factors that don't directly affect ProShares' 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' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares' 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.