10-May-2024
No press releases found.
BNP Paribas sees 'rangy trading' this summer as econ data cools off
Seeking Alpha News (Sun, 12-May 10:00 AM ET)
BofA says history and fresh technicals indicate investors should stay in stocks in May
Seeking Alpha News (Sat, 11-May 10:00 AM ET)
Bulls and bears weigh in on what's next for the S&P 500
Seeking Alpha News (Sat, 11-May 9:30 AM ET)
The Dow, S&P 500 and Nasdaq are 1% shy of their record highs
Seeking Alpha News (Fri, 10-May 7:26 AM ET)
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 10, 2024, SSO stock price climbed to $76.13 with 2,397,258 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 $4.39 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 +50.9% while the SPY ETF gained +27.8%. SSO has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +6.5% and +4.7%, respectively, while the SPY returned +4.2% and +2.5%, respectively.
SSO support price is $74.56 and resistance is $77.26 (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.