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SMN
ETF ticker: NYSE ARCA
AS OF
May 14, 04:02 PM (EDT)
Price
$15.36
Change
+$0.30 (+1.99%)
Net Assets
819.74K

SMN ProShares UltraShort Materials Forecast, Technical & Fundamental Analysis

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P Materials Select Sector Index... Show more

Category: #Trading
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Inverse Equity
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com
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SMN and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, SMN has been closely correlated with SPXU. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if SMN jumps, then SPXU could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SMN
1D Price
Change %
SMN100%
+0.70%
SPXU - SMN
82%
Closely correlated
-1.94%
SQQQ - SMN
72%
Closely correlated
-4.58%
SOXS - SMN
69%
Closely correlated
-8.37%
SPXS - SMN
66%
Closely correlated
-2.14%
JETD - SMN
65%
Loosely correlated
-5.23%
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