UBR Stock Summary and Trading Ideas (ProShares Ultra MSCI Brazil Capped | ARCA:UBR)

ProShares Ultra MSCI Brazil Capped seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the MSCI Brazil 25/50 Index. The MSCI Brazil 25/50 Index is a free-float-adjusted, market capitalization weighted index that is designed to measure the equity market performance of the Brazilian market. The Index is divided into large- and mid-cap segments and targets approximately 85% of free-float-adjusted market capitalization of the region.

ProShares Ultra MSCI Brazil Capped trades on the ARCA stock market under the symbol UBR.

As of January 3, 2025, UBR stock price declined to $13.69 with 764 million shares trading.

UBR has a market cap of $1.53 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, UBR traded as high as $42.17 and as low as $13.69.

UBR has underperformed the market in the last year with a price return of -56.0% while the SPY ETF gained +27.8%. UBR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -38.9% and -5.9%, respectively, while the SPY returned +4.6% and +0.1%, respectively.

UBR support price is $13.56 and resistance is $14.53 (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 UBR shares will trade within this expected range on the day.