Many show interest in knowing the highest price ever of a stock. This report gives you the highest share price of ProShares UltraPro Short QQQ (SQQQ) in 10 years (upto 02-23-2024). This value will help you get a feel of the maximum upside potential of an equity.
Note: Though we have limited the time frame of our analysis to 10 years, most probably the highest price in 10 years will also be the highest of all time. The reason is simple. Generally, a stock grows over time.
In addition to the highest price value, you will see sections that analyze various factors related to the price value and timeframe. Those interesting sections will help you with deep insights.
In total, there are 5 sections in this report. Below is a table of contents to help your navigation.
- ProShares UltraPro Short QQQ (SQQQ) Stock Highest Price
- 1-Week, 1-Month and 1-Year Gains of SQQQ During Highest Price Day
- Gain At Highest Price If You Had Bought SQQQ Stock At Previous Lowest Price
- ProShares UltraPro Short QQQ (SQQQ) Highest Price Compared to 3 Similar Stocks
1 ProShares UltraPro Short QQQ (SQQQ) Stock Highest Price
The highest adjusted close price of SQQQ was $22191.87. The date of occurrence was 04-11-2014. The corresponding close (unadjusted) was $61.45.
If you want to know the highest single-share unadjusted price, here is your answer. ProShares-UltraPro-Short-QQQ's's share attained a price of $66.09 during 06-16-2022.
A simple technique will help you get a feel of the magnitude of the highest price. The technique is to compare the price with the average prices during the month and year of occurrence.
| Duration | Average Share Price | Highest Price ($22191.87) Vs Averages |
|---|---|---|
| Year (2014) | 41.75 | 47.19 % |
| Month (04-2014) | 27.19 | 126 % |
The below graph compares the average prices against the highest share price of ProShares UltraPro Short QQQ (SQQQ).
2 1-Week, 1-Month and 1-Year Gains of SQQQ During Highest Price Day
Note: In this section and the next, we will be using adjusted close of $22191.87 instead of the close price $61.45.
People are interested in knowing the highest price for a reason. The reason is to know how much one can gain if the performance repeats in the future.
This section helps you to visualize in numbers the real gains one would have achieved if he had bought the share 1 week, 1 month or 1 year before the highest price day. Maybe this info will help you decide the timeframe of your investing in the future.
| Days Before Highest Close | Close (Price) | Gains(%) | |
|---|---|---|---|
| 1 Week | 04-04-2014 | 20707.6 | 7.17 |
| 1 Month | 03-11-2014 | 18508.3 | 19.9 |
| 1 Year | 04-11-2013 | 45459.9 | -51.18 |
Now let us add to the above percentage-gains table. Let us see what would have happened to a $5000 invested before 1 week, 1 month and 1 year before the highest close price date.
| Days Before Highest Close | Gains(%) | What happens to $5000 invested? |
|---|---|---|
| 1 Week | 7.17 % | 5358.5 |
| 1 Month | 19.9 % | 5995 |
| 1 Year | -51.18 % | 2441 |
Recommended Reading: You may want to read the insightful and comprehensive analysis report of recent 52 weeks highs/lows of SQQQ.
3 Gain At Highest Price If You Had Bought SQQQ Stock At Previous Lowest Price
What is the most favorable scenario for an investor? Buying at the lowest price and selling at the highest price. That scenario will give the investor the maximum gain. Imagine for a second you had bought the ProShares UltraPro Short QQQ (SQQQ) share during its lowest price prior to the highest close. In that case, your gain will look like as shown in the table below.
| Previous Lowest Price Date | Close (Price) | Highest Close Price | Gains(%) |
|---|---|---|---|
| 03-05-2014 | 18002.7 | 22191.87 | 23.27 |
Now let us see what would have happened to a $1000 invested on 03-05-2014.
The $1000 would have grown to $1232.7. This could have been the dream gain for any investor of SQQQ stock.
4 S&P 500 Performance During SQQQ Highest Price Month
This section compares the performance of ProShares UltraPro Short QQQ (SQQQ) stock against S&P 500, a broader market index.
This section is very important for two reasons.
- You will know how closely the SQQQ stock followed or deviated from the broader trend.
- You will get a feel of how S&P 500's trend may affect SQQQ in future.
| Date | SQQQ (Close) | Normalized (%) | S&P 500 (Close) | Normalized (%) |
|---|---|---|---|---|
| 04-01-2014 | 18847.7 | 0 | 1886 | 0 |
| 04-02-2014 | 18699.7 | -0.79 | 1891 | 0.27 |
| 04-03-2014 | 19143.9 | 1.57 | 1889 | 0.16 |
| 04-04-2014 | 20707.6 | 9.87 | 1865 | -1.11 |
| 04-07-2014 | 21245.7 | 12.72 | 1845 | -2.17 |
| 04-08-2014 | 20678.7 | 9.71 | 1852 | -1.8 |
| 04-09-2014 | 19613.3 | 4.06 | 1872 | -0.74 |
| 04-10-2014 | 21419 | 13.64 | 1833 | -2.81 |
| 04-11-2014 | 22191.9 | 17.74 | 1816 | -3.71 |
| 04-14-2014 | 21653.8 | 14.89 | 1831 | -2.92 |
| 04-15-2014 | 21455.1 | 13.83 | 1843 | -2.28 |
| 04-16-2014 | 20610.1 | 9.35 | 1862 | -1.27 |
| 04-17-2014 | 20570.4 | 9.14 | 1865 | -1.11 |
| 04-21-2014 | 20126.2 | 6.78 | 1872 | -0.74 |
| 04-22-2014 | 19627.8 | 4.14 | 1880 | -0.32 |
| 04-23-2014 | 20151.4 | 6.92 | 1875 | -0.58 |
| 04-24-2014 | 19573.6 | 3.85 | 1879 | -0.37 |
| 04-25-2014 | 20505.4 | 8.8 | 1863 | -1.22 |
| 04-28-2014 | 20292.3 | 7.66 | 1869 | -0.9 |
| 04-29-2014 | 19826.4 | 5.19 | 1878 | -0.42 |
| 04-30-2014 | 19653.1 | 4.27 | 1884 | -0.11 |
5 ProShares UltraPro Short QQQ (SQQQ) Highest Price Compared to 3 Similar Stocks
This section compares the highest price of ProShares UltraPro Short QQQ (SQQQ) stock with 3 similar stocks. How did we pick similar stocks? We used various criteria including market cap, sector and even share price per unit.
| Ticker | Stock Name | Close (Price) |
|---|---|---|
| AACG | ATA Creativity Global | 6.21 |
| AAME | Atlantic American Corporation | 6.3886 |
| AAOI | Applied Optoelectronics, Inc. | 99.61 |
Note: This section is a just a comparison of the price per share and not the actual gain.
Conclusion:
This concludes the analysis of the highest price of ProShares UltraPro Short QQQ (SQQQ). There are plenty of websites that display the highest prices for the sake of information. But the above report contained additional analysis sections. Hopefully, the above report educated you better by various insightful sections.
Recommended Reading: Now that you have read the analysis report for the highest price of ProShares UltraPro Short QQQ (SQQQ), here is the one for the lowest price of SQQQ.
Disclaimer:
We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.
