ProShares UltraShort Etf Target Price and Analyst Consensus

SMN
 Etf
  

USD 9.94  0.11  1.09%   

Analysts of ProShares UltraShort render investment recommendations by dissecting financials, analyzing earning calls, and talking to ProShares UltraShort vendors, executives, and customers to validate their buy-or-sell advice. Unfortunately, the analyst consensus on ProShares UltraShort is currently unavailable. Please use our comprehensive buy-or-sell advice module to check the latest Macroaxis investment opinion on ProShares UltraShort
  

About ProShares UltraShort Target Price Projections

ProShares UltraShort's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to etfs such as ProShares UltraShort and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Etf is worth and where the price will be in a year from now. Generally, the target price of ProShares depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for ProShares UltraShort Basic including analysis of its current option contracts.
ProShares UltraShort's latest option contracts expiring on 2022-12-16 are carrying combined implied volatility of 52.19 with a put-to-call open interest ratio of 4.0 over 44 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2022-12-16. The current put volume is at 4, with calls trading at the volume of 1. This yields a 4.0 put-to-call volume ratio. The ProShares UltraShort option chain provides detailed quote and price information for the current ProShares UltraShort Basic option contracts. It shows all of ProShares UltraShort's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-16 Option Contracts

ProShares UltraShort option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in ProShares UltraShort's lending market. For example, when ProShares UltraShort's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on ProShares UltraShort, he or she must hedge the risk by shorting ProShares UltraShort stock over its option's life.
The chart above shows ProShares UltraShort's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. ProShares UltraShort's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for ProShares UltraShort's option, there is no secondary market available for investors to trade.

ProShares UltraShort Maximum Pain Price across 2022-12-16 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as ProShares UltraShort close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
ProShares UltraShort's stock options are financial instruments that give investors the right to buy or sell shares of ProShares UltraShort common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell ProShares stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If ProShares UltraShort's stock price goes up or down, the stock options follow.
Additionally, take a look at Macroaxis Advice on ProShares UltraShort to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

ProShares UltraShort In The Money Call Balance

When ProShares UltraShort's strike price is surpassing the current stock price, the option contract against ProShares UltraShort Basic stock is said to be in the money. When it comes to buying ProShares UltraShort's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on ProShares UltraShort Basic are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

ProShares Current Options Market Mood

ProShares UltraShort's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps ProShares Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of ProShares UltraShort's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. ProShares UltraShort's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current ProShares UltraShort's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional ProShares UltraShort Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Etf value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ProShares UltraShort is a key component of ProShares UltraShort valuation and have some predictive power on the future returns of a ProShares UltraShort.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ProShares UltraShort's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of ProShares UltraShort in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
6.119.9313.75
Details
Intrinsic
Valuation
LowReal ValueHigh
5.899.7113.53
Details
Naive
Forecast
LowNext ValueHigh
6.5010.3214.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.8410.3811.92
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ProShares UltraShort. Your research has to be compared to or analyzed against ProShares UltraShort's peers to derive any actionable benefits. When done correctly, ProShares UltraShort's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in ProShares UltraShort.

Additional ProShares UltraShort Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Etf value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ProShares UltraShort is a key component of ProShares UltraShort valuation and have some predictive power on the future returns of a ProShares UltraShort.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ProShares UltraShort's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of ProShares UltraShort in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
6.119.9313.75
Details
Intrinsic
Valuation
LowReal ValueHigh
5.899.7113.53
Details
Naive
Forecast
LowNext ValueHigh
6.5010.3214.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.8410.3811.92
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ProShares UltraShort. Your research has to be compared to or analyzed against ProShares UltraShort's peers to derive any actionable benefits. When done correctly, ProShares UltraShort's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in ProShares UltraShort.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index
Invested over 100 shares
Additionally, take a look at Macroaxis Advice on ProShares UltraShort to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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The data published in ProShares UltraShort's official financial statements usually reflect ProShares UltraShort's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ProShares UltraShort. For example, before you start analyzing numbers published by ProShares accountants, it's critical to develop an understanding of what ProShares UltraShort's liquidity, profitability, and earnings quality are in the context of the ProShares space in which it operates.
Please note, the presentation of ProShares UltraShort's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ProShares UltraShort's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ProShares UltraShort's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ProShares UltraShort Basic. Please utilize our Beneish M Score to check the likelihood of ProShares UltraShort's management to manipulate its earnings.