MicroSectors Gold Financial Statements From 2010 to 2024
| DULL Etf | USD 7.80 0.21 2.62% |
Check MicroSectors Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MicroSectors Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . MicroSectors financial statements analysis is a perfect complement when working with MicroSectors Gold Valuation or Volatility modules.
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MicroSectors Gold 3X ETF One Year Return Analysis
MicroSectors Gold's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current MicroSectors Gold One Year Return | (59.00) % |
Most of MicroSectors Gold's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MicroSectors Gold 3X is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, MicroSectors Gold 3X has an One Year Return of -59.0%. This is 336.71% higher than that of the Direxion Funds family and significantly lower than that of the Trading--Inverse Commodities category. The one year return for all United States etfs is notably higher than that of the company.
About MicroSectors Gold Financial Statements
MicroSectors Gold investors utilize fundamental indicators, such as revenue or net income, to predict how MicroSectors Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
MicroSectors Gold is entity of United States. It is traded as Etf on NYSE ARCA exchange.
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The market value of MicroSectors Gold 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Gold'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 Gold's market value can be influenced by many factors that don't directly affect MicroSectors Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Gold'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.