Replies to post #839 on ProShares Short VIX Short Term Futures ETF (SVXY)

[T-R1]

The price is absolutely irrelevant.
VIX went up like 100% in one day so inverse securities got wiped out. It's a one time event - basically a "reset" so to speak. Any price until this event is irrelevant.
It's basically as if SVXY is a brand new ETF.

But from here you can extrapolate where it might go %-wise if similar conditions (calm market) come back.