T Rex 2x Long Etf Profile

ETU Etf   48.57  7.92  19.48%   

Performance

22 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
T Rex is selling for under 48.57 as of the 28th of November 2024; that is 19.48 percent increase since the beginning of the trading day. The etf's last reported lowest price was 44.58. T Rex has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for T Rex 2X Long are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
T Rex is entity of United States. It is traded as Etf on BATS exchange. More on T Rex 2X Long

Moving against ETU Etf

  0.47YCS ProShares UltraShort YenPairCorr
  0.32UUP Invesco DB DollarPairCorr

ETU Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationAlternative Currency ETFs, Cryptocurrency ETFs, Trading--Miscellaneous (View all Sectors)
IssuerTuttle Capital Management
Inception Date2024-10-23
BenchmarkCME CF Ether-Dollar Reference Rate New York Variant
Entity TypeRegulated Investment Company
Asset Under Management3.65 Million
Asset TypeCurrency
CategoryAlternative Currency
FocusCryptocurrency
Market ConcentrationBlended Development
RegionGlobal
AdministratorCommonwealth Fund Services, Inc.
AdvisorTuttle Capital Management LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerMatthew Tuttle
Transfer AgentU.S. Bank Global Fund Services, LLC
Fiscal Year End31-Dec
ExchangeCboe BZX Exchange, Inc.
Number of Constituents2.0
Market MakerGTS
Total Expense1.25
Management Fee1.25
Country NameUSA
CodeETU
Updated At27th of November 2024
NameT-Rex 2X Long Ether Daily Target ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01QG48KB0
TypeETF
T Rex 2X Long [ETU] is traded in USA and was established null. The fund is classified under Trading--Miscellaneous. The entity is thematically classified as Alternative Currency ETFs. T Rex 2X currently have in assets under management (AUM).
Check T Rex Probability Of Bankruptcy

T Rex 2X 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 T Rex. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

T Rex 2X Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of twenty-five. T Rex 2X Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe T Rex price patterns.

T Rex Against Markets

When determining whether T Rex 2X is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ETU Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about T Rex 2x Long Etf. Highlighted below are key reports to facilitate an investment decision about T Rex 2x Long Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in T Rex 2X Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of T Rex 2X is measured differently than its book value, which is the value of ETU that is recorded on the company's balance sheet. Investors also form their own opinion of T Rex's value that differs from its market value or its book value, called intrinsic value, which is T Rex'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 T Rex's market value can be influenced by many factors that don't directly affect T Rex'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 T Rex's value and its price as these two are different measures arrived at by different means. Investors typically determine if T Rex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T Rex'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.