MicroSectors Travel is trading at 13.63 as of the 30th of November 2024, a 1.3 percent down since the beginning of the trading day. The etf's lowest day price was 13.63. MicroSectors Travel has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for MicroSectors Travel 3X are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
MicroSectors Travel is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on MicroSectors Travel 3X
MicroSectors Travel 3X [FLYD] is traded in USA and was established null. The fund is listed under Trading--Inverse Equity. The entity is thematically classified as Sector ETFs. MicroSectors Travel currently have in assets under management (AUM). , while the total return for the last year was -70.0%.
Check MicroSectors Travel Probability Of Bankruptcy
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 Travel. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether MicroSectors Travel is a strong investment it is important to analyze MicroSectors Travel'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 Travel's future performance. For an informed investment choice regarding MicroSectors Etf, refer to the following important reports:
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The market value of MicroSectors Travel 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 Travel's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Travel'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 Travel's market value can be influenced by many factors that don't directly affect MicroSectors Travel'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 Travel's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Travel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Travel'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.