Max S P Etf Profile
SPYU Etf | 51.20 0.52 1.03% |
Performance7 of 100
| Odds Of DistressLess than 9
|
MAX S is selling for under 51.20 as of the 24th of November 2024; that is 1.03% increase since the beginning of the trading day. The etf's last reported lowest price was 50.49. MAX S has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. MAX S symbol was changed from XXXX on 28th of May 2024. Equity ratings for MAX S P 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.
MAX S is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on MAX S P
Moving together with MAX Etf
MAX Etf Highlights
Older Symbol | XXXX |
Thematic Ideas | (View all Themes) |
Business Concentration | Large Cap ETFs, Size And Style ETFs, Trading--Leveraged Equity (View all Sectors) |
Issuer | Bank of Montreal |
Inception Date | 2023-12-07 |
Benchmark | S&P 500 Total Return Index |
Entity Type | Exchange-Traded Note |
Asset Type | Equity |
Category | Size and Style |
Focus | Large Cap |
Market Concentration | Developed Markets |
Region | North America |
Advisor | Bank of Montreal |
Exchange | NYSE Arca, Inc. |
Market Maker | Old Mission |
Total Expense | 0.95 |
Management Fee | 0.95 |
Country Name | USA |
Code | SPYU |
Updated At | 23rd of November 2024 |
Returns Y T D | 104.8 |
Name | MAX S P 500 4X Leveraged ETN |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01K3B6BF9 |
Type | ETF |
MAX S P [SPYU] is traded in USA and was established null. MAX S P was previously known as Bank of Montreal and was traded on NYSE ARCA Exchange under the symbol XXXX. The fund is listed under Trading--Leveraged Equity. The entity is thematically classified as Large Cap ETFs. MAX S P at this time have in assets.
Check MAX S Probability Of Bankruptcy
MAX S P 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 MAX S. 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 | 0.0884 | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | 0.0574 |
MAX S Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in MAX S P. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of MAX S P is measured differently than its book value, which is the value of MAX that is recorded on the company's balance sheet. Investors also form their own opinion of MAX S's value that differs from its market value or its book value, called intrinsic value, which is MAX S'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 MAX S's market value can be influenced by many factors that don't directly affect MAX S'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 MAX S's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAX S is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAX S'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.