ETRACS 2x is selling for 47.87 as of the 30th of November 2024. This is a 1.72% increase since the beginning of the trading day. The etf's lowest day price was 47.87. ETRACS 2x has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for ETRACS 2x Leveraged 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.
The investment seeks to provide a 2 times leveraged return linked to the compounded quarterly performance of the Russell 1000 Growth Index. Etracs 2X is traded on NYSEARCA Exchange in the United States. More on ETRACS 2x Leveraged
ETRACS 2x Leveraged [IWFL] is traded in USA and was established 2021-02-05. The fund is listed under Trading--Leveraged Equity category and is part of UBS family. The entity is thematically classified as Size And Style ETFs. ETRACS 2x Leveraged currently have 19.5 M in assets under management (AUM). , while the total return for the last 3 years was 10.3%.
Check ETRACS 2x Probability Of Bankruptcy
ETRACS 2x Leveraged 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 ETRACS 2x. 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 ETRACS 2x Leveraged is a strong investment it is important to analyze ETRACS 2x'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 ETRACS 2x's future performance. For an informed investment choice regarding ETRACS Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ETRACS 2x Leveraged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.
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The market value of ETRACS 2x Leveraged is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS 2x's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 2x'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 ETRACS 2x's market value can be influenced by many factors that don't directly affect ETRACS 2x'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 ETRACS 2x's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS 2x'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.