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ProShares Ultra Dow30 seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the Dow Jones Industrial Average
ProShares Ultra Dow30 trades on the ARCA stock market under the symbol DDM.
As of March 28, 2024, DDM stock price declined to $86.95 with 58,854 million shares trading.
DDM has a beta of 1.61, meaning it tends to be more sensitive to market movements. DDM has a correlation of 0.79 to the broad based SPY ETF.
DDM has a market cap of $408.66 million. This is considered a Small Cap stock.
In the last 3 years, DDM stock traded as high as $87.67 and as low as $48.42.
DDM has outperformed the market in the last year with a price return of +44.0% while the SPY ETF gained +33.6%. DDM has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +10.2% and +3.3%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
DDM support price is $85.93 and resistance is $88.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DDM stock will trade within this expected range on the day.