VXX Stock Summary and Trading Ideas (iPath Series B S&P 500 Vix Short-Term Futures ETN | BATS:VXX)

The iPath Series B S&P 500 VIX Short-Term Futures ETNs (the "ETNs") are designed to provide exposure to the S&P 500 VIX Short-Term Futures Index Total Return (the "Index"). The Index is designed to provide access to equity market volatility through CBOE Volatility Index (the "VIX Index") futures. The Index offers exposure to a daily rolling long position in the first and second month VIX futures contracts and reflects market participants views of the future direction of the VIX index at the time of expiration of the VIX futures contracts comprising the Index.

iPath Series B S&P 500 Vix Short-Term Futures ETN trades on the BATS stock market under the symbol VXX.

As of April 22, 2024, VXX stock price declined to $14.27 with 15,962,280 million shares trading.

VXX has a beta of -2.95, meaning it tends to be less sensitive to market movements. VXX has a correlation of 0.59 to the broad based SPY ETF.

VXX has a market cap of $255.04 million. This is considered a Small Cap stock.

In the last 3 years, VXX stock traded as high as $199.80 and as low as $12.73.

VXX has underperformed the market in the last year with a return of -63.6%, while the SPY ETF gained +22.9%. In the last 3 month period, VXX fell short of the market, returning -1.6%, while SPY returned +3.7%. However, in the most recent 2 weeks VXX has outperformed the stock market by returning +4.2%, while SPY returned -3.7%.

VXX support price is $14.87 and resistance is $16.06 (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 VXX stock will trade within this expected range on the day.