ProShares UltraShort Semiconductors (SSG)

42.94 +0.74  +1.75%  May 31, 8:00PM Go Pro
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ProShares UltraShort Semiconductors Beta: -2.185

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SSG Beta Range, Past 5 Years

Minimum -2.267 Jul 2011
Maximum -2.185 Apr 2012
Average -2.227

About Beta 60 Month

YCharts calculates the 60 month market beta by regressing stock returns less the risk free rate of returns on the market returns less the risk free rate of return (Market returns come from the S&P 500 Total Returns Index (SPXTR), and the risk free rate is the 4 Week Average T-Bill (Monthly). There must be a minimum of 36 months of stock returns for a company to have its beta calculated.

Beta is a measure of the risk of a stock when it is included in a well-diversified portfolio.

In financial theory, the Capital Asset Pricing Model breaks down expected stock returns into two components. The first is the return that would be expected based on covariance with the movements of the market (for most stocks, when the market as a whole goes up, the price of the stock will also go up). The second part is the increase in the price of a stock that is not explained by the market. The first part - covariance with the market - is what Beta captures.

When Beta is positive, the stock price tends to move in the same direction as the market, and the magnitude of Beta tells by how much. If a stock's Beta is greater than 1, that means that when the market index goes up 1%, we expect the stock will go up by more than 1%. On the contrary, if the market goes down by 1%, we expect the stock to go down by more than 1%. Negative Betas, while rare, signify a negative correlation. When the market goes up, we would expect the stock price to go down.

For readers with a background in regression analysis, Beta is the slope of the linear regression shown in the formula below, where Returns are the return on an individual stock or portfolio, Rf is the risk free rate, RMarket is the return on a market portfolio, and e is an error term.
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SSG News

Portfolio Flash Alert: 6 New ETF’s Added…http://stks.co/40Bz $DOG $DXD $ZSl $DZZ $TWM $SSG
about 4 days ago by elliottwave
$ssg out for -1.30
about 36 days ago by doomdog144
This suckers going down, long $vxx $ssg the punch bowl is gone
about 37 days ago by doomdog144
$SSG http://stks.co/2wCq Keystone is a buyer since 33.4 target was hit, up SSG means down semi's.
about 74 days ago by KeySpeculator
ProShares Announces ETF Reverse Share Split
Feb 27, 8:30AM Business Wire
$SSG sweetness
about 97 days ago by Partridge
$SSG - http://stks.co/2VTN #study
about 100 days ago by Arkad
@techinsidr any semi conductor ETFs standout to you for the future? $PSI $IGM $USD $SSG $SMH
about 148 days ago by maxbury
ETF Chart of the Day: Semiconductors
Nov 25, 9:59AM ETF Trends
$SSG up 7.5% from yesterday's Close. Exit Market On Close.
about 197 days ago by ETFSwingTrader
$SSG up.
about 197 days ago by ETFSwingTrader
Sell $SSG position for 2.4% profit in one day on a trade with poor entry. Will discuss more later.
about 197 days ago by ETFSwingTrader
Open new trade 1% position in $SSG to short $SMH. This is trade 39.
about 198 days ago by ETFSwingTrader
Interestingly we have a potential Short signal for $SMH, which we would trade using $SSG. Will post trade 30min before Close.
about 198 days ago by ETFSwingTrader
6.8% 11% 7% profit in $DUG $EEB $SSG 15min before close.
about 205 days ago by ETFSwingTrader
Take the trades. 2% each $XRT $QLD. Sell M.O.C. $SSG $DUG $EEV for hige gains.
about 205 days ago by ETFSwingTrader
Trades 34 35 36 $SSG $DUG $EEV Profits: 3.7% 4.7% 7.3% -- Sell signals on all 3 -- Exit by end of day.
about 205 days ago by ETFSwingTrader
Add 3% to $SSG and $DUG trades. Open new trade 2% $EEV (short $EEM).
about 206 days ago by ETFSwingTrader
$XRT will be Trade 36. $SSG $DUG trades essentially even with our Entry today.
about 206 days ago by ETFSwingTrader
$SSG trade up over 2% in one day, and approaching an Exit signal. More later...
about 207 days ago by ETFSwingTrader
Our $SSG (short $SMH) trade is up 1.2% today -- in a market that is very definitive about its sideways consolidation. No new trades likely.
about 207 days ago by ETFSwingTrader
$SSG ($SMH) is Trade 34, I believe.
about 210 days ago by ETFSwingTrader
That's Market On Close for $SSG trade.
about 210 days ago by ETFSwingTrader
Take the $SSG trade 2% M.O.V
about 210 days ago by ETFSwingTrader
We're planning on Shorting $SMH using $SSG - we would be initiating a 2% position in $SSG Market On Close - will confirm 30min before Close.
about 210 days ago by ETFSwingTrader
$SSG sold all. All inverserse positions are gone. Covered calls remain.
about 259 days ago by lovebob
Will The Holdouts Crack? ($SSG) Read all about it in this morning's commentary. http://stks.co/AoN $$
about 263 days ago by MorpheusTrading
[$$] Semis Near Key Support
Mar 10, 11:05AM
[$$] Shorting the Semis
Jan 26, 9:15AM

Recent Quotes

Symbol Price Chg Chg % Market Cap
SSG 42.94 +0.74 +1.75%
SSFN 5.18 +0.17 +3.39% 29.46M
SSE 1.56 +0.04 +2.63% 4.150M
SSD 27.79 -0.12 -0.43% 1.348B
SSBI 6.07 -0.18 -2.88% 29.62M
SRZ 6.02 +0.12 +2.03% 341.02M
SCHN 26.08 -1.28 -4.68% 745.83M
SCHL 26.95 -0.33 -1.21% 847.04M
SCHG 31.75 -0.15 -0.48%
SCHA 34.13 -0.09 -0.27%
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