ProShares Valuation
TOLZ Etf | USD 52.29 0.21 0.40% |
At this time, the etf appears to be fairly valued. ProShares DJ Brookfield holds a recent Real Value of $51.93 per share. The prevailing price of the etf is $52.29. Our model determines the value of ProShares DJ Brookfield from analyzing the etf fundamentals such as Number Of Employees of 288, total asset of 128.58 M, and Price To Earning of 20.57 X as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that ProShares' price fluctuation is very steady at this time. Calculation of the real value of ProShares DJ Brookfield 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.
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 52.29 | Real 51.93 | Hype 52.32 | Naive 53.2 |
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.
Estimating the potential upside or downside of ProShares DJ Brookfield 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: About ProShares Valuation
Our relative valuation model uses a comparative analysis of ProShares. We calculate exposure to ProShares's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ProShares's related companies.The index consists of companies that qualify as pure-play infrastructure companies-companies whose primary business is the ownership and operation of infrastructure assets, activities that generally generate long-term stable cash flows. DJ Brookfield is traded on NYSEARCA Exchange in the United States.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares DJ Brookfield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of ProShares DJ Brookfield 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.