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ProShares Ultra S&P500 seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the S&P 500 Index.
ProShares Ultra S&P500 trades on the ARCA stock market under the symbol SSO.
As of May 6, 2024, SSO stock price climbed to $74.95 with 1,954,463 million shares trading.
SSO has a beta of 2.00, meaning it tends to be more sensitive to market movements. SSO has a correlation of 1.00 to the broad based SPY ETF.
SSO has a market cap of $4.26 billion. This is considered a Mid Cap stock.
In the last 3 years, SSO stock traded as high as $77.96 and as low as $37.53.
SSO has outperformed the market in the last year with a price return of +51.9% while the SPY ETF gained +28.3%. SSO has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.6% and +8.5%, respectively, while the SPY returned +4.8% and +4.3%, respectively.
SSO support price is $72.03 and resistance is $74.89 (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 SSO stock will trade within this expected range on the day.