12-Mar-2025
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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 March 12, 2025, SRS stock price climbed to $50.50 with 19,109 million shares trading.
SRS has a beta of -1.24, meaning it tends to be less sensitive to market movements. SRS has a correlation of 0.24 to the broad based SPY ETF.
SRS has a market cap of $24.13 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 return of -8.2%, while SPY returned +9.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SRS shares. However, SRS has outperformed the market in the last 3 month and 2 week periods, returning +6.3% and +6.0%, while SPY returned -7.2% and -6.0%, respectively. This indicates SRS has been having a stronger performance recently.
SRS support price is $49.00 and resistance is $51.22 (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.