SRS Stock Summary and Trading Ideas (ProShares Ultrashort Real Estate | ARCA:SRS)

ProShares UltraShort Real Estate seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Real Estate Select Sector Index.

ProShares Ultrashort Real Estate trades on the ARCA stock market under the symbol SRS.

As of February 7, 2025, SRS stock price climbed to $49.33 with 17,163 million shares trading.

SRS has a beta of -1.34, meaning it tends to be less sensitive to market movements. SRS has a correlation of 0.26 to the broad based SPY ETF.

SRS has a market cap of $24.07 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SRS traded as high as $95.52 and as low as $43.15.

SRS has underperformed the market in the last year with a price return of -17.1% while the SPY ETF gained +23.3%. However, in the short term, SRS had mixed performance relative to the market. It has outperformed in the last 3 months, returning +2.8% vs +2.2% return in SPY. But in the last 2 weeks, SRS shares have been beat by the market, returning -1.5% compared to an SPY return of -1.2%.

SRS support price is $47.37 and resistance is $49.89 (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 SRS shares will trade within this expected range on the day.