T Rex 2x Long Etf Profile
NFLU Etf | 37.28 0.80 2.19% |
Performance18 of 100
| Odds Of DistressLess than 9
|
T REX is selling for under 37.28 as of the 30th of November 2024; that is 2.19 percent increase since the beginning of the trading day. The etf's last reported lowest price was 36.83. 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 1st of September 2024 and ending today, the 30th 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 together with NFLU Etf
Moving against NFLU Etf
NFLU Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Single Stock ETFs, Strategy ETFs, Trading--Leveraged Equity (View all Sectors) |
Issuer | Tuttle Capital Management |
Inception Date | 2024-09-27 |
Entity Type | Regulated Investment Company |
Asset Under Management | 4.74 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Single Stock |
Market Concentration | Developed Markets |
Region | North America |
Administrator | Commonwealth Fund Services, Inc. |
Advisor | Tuttle Capital Management LLC |
Custodian | Citibank, N.A. |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Matthew Tuttle |
Transfer Agent | Citibank, N.A. |
Fiscal Year End | 31-Jul |
Exchange | Cboe BZX Exchange, Inc. |
Number of Constituents | 5.0 |
Market Maker | GTS |
Total Expense | 1.05 |
Management Fee | 1.05 |
Country Name | USA |
Code | NFLU |
Updated At | 29th of November 2024 |
Name | T-REX 2X Long NFLX Daily Target ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01Q0PXV00 |
Type | ETF |
T REX 2X Long [NFLU] is traded in USA and was established null. The fund is listed under Trading--Leveraged Equity. The entity is thematically classified as Single Stock ETFs. T REX 2X now have in assets.
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.
Risk Adjusted Performance | 0.1874 | |||
Jensen Alpha | 0.9402 | |||
Total Risk Alpha | 0.2787 | |||
Sortino Ratio | 0.2828 |
T REX Against Markets
Check out Correlation Analysis 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 bureau of economic analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of T REX 2X is measured differently than its book value, which is the value of NFLU 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.