2x Long Vix Etf Profile
UVIX Etf | USD 3.33 0.04 1.19% |
Performance0 of 100
| Odds Of DistressLess than 9
|
2x Long is trading at 3.33 as of the 28th of November 2024; that is 1.19 percent decrease since the beginning of the trading day. The etf's open price was 3.37. 2x Long 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 2x Long VIX 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.
The index measures the daily performance of a portfolio of long positions in first and second month VIX futures contracts. VS TR is traded on BATS Exchange in the United States. More on 2x Long VIX
Moving against UVIX Etf
UVIX Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Absolute Returns ETFs, Volatility ETFs, Trading--Leveraged Equity, VS TRUST (View all Sectors) |
Issuer | Volatility Shares |
Inception Date | 2022-03-30 |
Benchmark | Long VIX Futures Index |
Entity Type | Partnership |
Asset Under Management | 179.91 Million |
Asset Type | Multi Asset |
Category | Absolute Returns |
Focus | Volatility |
Market Concentration | Developed Markets |
Region | North America |
Administrator | Tidal ETF Services LLC |
Advisor | Volatility Shares LLC |
Custodian | U.S. Bank, N.A. |
Distributor | Foreside Fund Service, LLC |
Portfolio Manager | Anthony Castelli, Dustin Allen Lewellyn, George Madrigal, Lee Wilson Geiger |
Transfer Agent | U.S. Bancorp Fund Services LLC |
Trustee | Wilmington Trust Company |
Fiscal Year End | 31-Dec |
Exchange | Cboe BZX Exchange, Inc. |
Number of Constituents | 3.0 |
Market Maker | Flow Traders |
Total Expense | 2.78 |
Management Fee | 1.65 |
Country Name | USA |
Returns Y T D | (75.46) |
Name | 2x Long VIX Futures ETF |
Currency Code | USD |
Open Figi | BBG014HVGDK5 |
1y Volatility | 75.01 |
200 Day M A | 6.8318 |
50 Day M A | 4.7538 |
Code | UVIX |
Updated At | 27th of November 2024 |
Currency Name | US Dollar |
Type | ETF |
2x Long VIX [UVIX] is traded in USA and was established 2022-03-28. The fund is listed under Trading--Leveraged Equity category and is part of VS TRUST family. The entity is thematically classified as Absolute Returns ETFs. 2x Long VIX at this time have 93.79 M in net assets. , while the total return for the last year was -81.0%.
Check 2x Long Probability Of Bankruptcy
Top 2x Long VIX Etf Constituents
FGXXX | First American Funds | Money Market Fund | US Money Market Fund |
2x Long VIX 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 2x Long. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Mean Deviation | 6.26 | |||
Standard Deviation | 8.79 | |||
Variance | 77.26 | |||
Risk Adjusted Performance | 0.0066 |
2x Long VIX Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. 2x Long VIX Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe 2x Long price patterns.
2x Long Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 2x Long VIX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of 2x Long VIX is measured differently than its book value, which is the value of UVIX that is recorded on the company's balance sheet. Investors also form their own opinion of 2x Long's value that differs from its market value or its book value, called intrinsic value, which is 2x Long'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 2x Long's market value can be influenced by many factors that don't directly affect 2x Long'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 2x Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2x Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2x Long'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.