Microsectorstm Oil Gas Etf Profile
| OILD Etf | USD 12.83 0.06 0.47% |
Performance0 of 100
| Odds Of DistressLess than 9
|
MicroSectorsTM Oil is trading at 12.83 as of the 24th of November 2024, a 0.47 percent down since the beginning of the trading day. The etf's lowest day price was 12.6. MicroSectorsTM Oil 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 MicroSectorsTM Oil Gas are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Microsectors Oil is traded on NYSEARCA Exchange in the United States. More on MicroSectorsTM Oil Gas
Moving together with MicroSectorsTM Etf
| 0.75 | SH | ProShares Short SP500 Sell-off Trend | PairCorr |
| 0.71 | PSQ | ProShares Short QQQ Sell-off Trend | PairCorr |
| 0.75 | SPXU | ProShares UltraPro Short | PairCorr |
| 0.75 | SDS | ProShares UltraShort | PairCorr |
| 0.75 | SPXS | Direxion Daily SP | PairCorr |
| 0.71 | QID | ProShares UltraShort QQQ Sell-off Trend | PairCorr |
Moving against MicroSectorsTM Etf
MicroSectorsTM Oil Gas cannot be verified against its exchange. Apparently, MicroSectorsTM Oil is not available for investing at the moment. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RefreshMicroSectorsTM Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Energy ETFs, Trading--Inverse Equity, BMO Capital Markets (View all Sectors) |
| Issuer | Bank of Montreal |
| Inception Date | 2021-11-08 |
| Benchmark | Solactive MicroSectors Oil & Gas Exploration & Production Index |
| Entity Type | Exchange-Traded Note |
| Asset Under Management | 12.9 Million |
| Average Trading Valume | 47,443.2 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Developed Markets |
| Region | North America |
| Advisor | Bank of Montreal |
| Exchange | NYSE Arca, Inc. |
| Market Maker | Flow Traders |
| Total Expense | 0.95 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | (37.38) |
| Name | MicroSectorsTM Oil Gas Exploration Production -3X Inverse Leveraged ETNs |
| Currency Code | USD |
| Open Figi | BBG013DQRB15 |
| 1y Volatility | 32.9 |
| 200 Day M A | 15.8601 |
| 50 Day M A | 15.8459 |
| Code | OILD |
| Updated At | 23rd of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
MicroSectorsTM Oil Gas [OILD] is traded in USA and was established 2021-11-08. The fund is listed under Trading--Inverse Equity category and is part of BMO Capital Markets family. The entity is thematically classified as Sector ETFs. MicroSectorsTM Oil Gas now have 19.53 M in assets. , while the total return for the last 3 years was -64.7%.
Check MicroSectorsTM Oil Probability Of Bankruptcy
MicroSectorsTM Oil Gas 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 MicroSectorsTM Oil. 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 | (0.04) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 0.6077 |
MicroSectorsTM Oil Against Markets
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in MicroSectorsTM Oil Gas. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of MicroSectorsTM Oil Gas is measured differently than its book value, which is the value of MicroSectorsTM that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectorsTM Oil's value that differs from its market value or its book value, called intrinsic value, which is MicroSectorsTM Oil'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 MicroSectorsTM Oil's market value can be influenced by many factors that don't directly affect MicroSectorsTM Oil'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 MicroSectorsTM Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectorsTM Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectorsTM Oil'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.