KOLD Stock Summary and Trading Ideas (ProShares Ultrashort Bloomberg Natural Gas | ARCA:KOLD)

ProShares UltraShort Bloomberg Natural Gas seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Natural Gas Subindex.

ProShares Ultrashort Bloomberg Natural Gas trades on the ARCA stock market under the symbol KOLD.

As of December 13, 2024, KOLD stock price climbed to $59.12 with 1,723,336 million shares trading.

KOLD has a beta of 0.37, meaning it tends to be less sensitive to market movements. KOLD has a correlation of 0.00 to the broad based SPY ETF.

KOLD has a market cap of $155.70 million. This is considered a Micro Cap stock.

In the last 3 years, KOLD traded as high as $137.50 and as low as $4.53.

KOLD has underperformed the market in the last year with a return of +7.3%, while the SPY ETF gained +29.9%. In the last 3 month period, KOLD fell short of the market, returning -17.8%, while SPY returned +7.8%. However, in the most recent 2 weeks KOLD has outperformed the stock market by returning +0.7%, while SPY returned +0.3%.

KOLD support price is $52.72 and resistance is $61.18 (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 KOLD shares will trade within this expected range on the day.