Microsectors Gold 3x Etf Profile

DULL Etf  USD 8.30  0.21  2.47%   

Performance

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Odds Of Distress

Less than 10

 
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Low
MicroSectors Gold is selling for 8.30 as of the 30th of November 2024. This is a 2.47% down since the beginning of the trading day. The etf's lowest day price was 8.3. MicroSectors Gold has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for MicroSectors Gold 3X are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
MicroSectors Gold is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on MicroSectors Gold 3X

Moving together with MicroSectors Etf

  0.95ZSL ProShares UltraShortPairCorr
  0.94GLL ProShares UltraShort GoldPairCorr
  0.85GDXD MicroSectors Gold MinersPairCorr

Moving against MicroSectors Etf

  0.65DSJA DSJAPairCorr
  0.63ITDD iShares TrustPairCorr
  0.57TGRW T Rowe PricePairCorr
  0.56EOS Eaton Vance EnhancedPairCorr
  0.53RSPY Tuttle Capital ManagementPairCorr
  0.49MDIV First Trust MultiPairCorr

MicroSectors Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationPrecious Metals ETFs, Gold ETFs, Trading--Inverse Commodities, Direxion Funds (View all Sectors)
IssuerBank of Montreal
Inception Date2023-02-22
BenchmarkSPDR Gold Shares ETF
Entity TypeExchange-Traded Note
Asset Under Management1.36 Million
Asset TypeCommodities
CategoryPrecious Metals
FocusGold
Market ConcentrationBlended Development
RegionGlobal
AdvisorBank of Montreal
ExchangeNYSE Arca, Inc.
Market MakerIMC
Total Expense0.95
Management Fee0.95
200 Day M A11.5969
Country NameUSA
50 Day M A8.3377
CodeDULL
Updated At29th of November 2024
Returns Y T D(52.49)
NameMicroSectors Gold -3X Inverse Leveraged ETN
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01F7836Q5
TypeETF
1y Volatility25.65
MicroSectors Gold 3X [DULL] is traded in USA and was established 2016-09-08. The fund is listed under Trading--Inverse Commodities category and is part of Direxion Funds family. The entity is thematically classified as Precious Metals ETFs. MicroSectors Gold currently have 1.32 M in assets under management (AUM). , while the total return for the last year was -54.0%.
Check MicroSectors Gold Probability Of Bankruptcy

MicroSectors Gold Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MicroSectors Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

MicroSectors Gold Against Markets

When determining whether MicroSectors Gold is a strong investment it is important to analyze MicroSectors Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MicroSectors Gold's future performance. For an informed investment choice regarding MicroSectors Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors Gold 3X. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of MicroSectors Gold is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Gold's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroSectors Gold's market value can be influenced by many factors that don't directly affect MicroSectors Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroSectors Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.