UVXY Stock Summary and Trading Ideas (ProShares Ultra Vix Short-Term Futures ETF | ARCA:UVXY)

ProShares Ultra VIX Short-Term Futures ETF seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the S&P 500 VIX Short-Term Futures Index.

ProShares Ultra Vix Short-Term Futures ETF trades on the ARCA stock market under the symbol UVXY.

As of January 3, 2025, UVXY stock price declined to $19.59 with 14,347,537 million shares trading.

UVXY has a beta of -6.12, meaning it tends to be less sensitive to market movements. UVXY has a correlation of 0.62 to the broad based SPY ETF.

UVXY has a market cap of $253.57 million. This is considered a Small Cap stock.

In the last 3 years, UVXY traded as high as $1,173.51 and as low as $18.34.

UVXY has underperformed the market in the last year with a price return of -55.8% while the SPY ETF gained +27.8%. UVXY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -32.6% and -12.6%, respectively, while the SPY returned +4.6% and +0.1%, respectively.

UVXY support price is $19.75 and resistance is $23.05 (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 UVXY shares will trade within this expected range on the day.