Microsectors Gold 3x Etf Ten Year Return
DULL Etf | USD 8.56 0.05 0.58% |
MicroSectors Gold 3X fundamentals help investors to digest information that contributes to MicroSectors Gold's financial success or failures. It also enables traders to predict the movement of MicroSectors Etf. The fundamental analysis module provides a way to measure MicroSectors Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MicroSectors Gold etf.
MicroSectors |
MicroSectors Gold 3X ETF Ten Year Return Analysis
MicroSectors Gold's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
More About Ten Year Return | All Equity Analysis
Ten Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Competition |
Based on the latest financial disclosure, MicroSectors Gold 3X has a Ten Year Return of 0.0%. This is 100.0% lower than that of the Direxion Funds family and about the same as Trading--Inverse Commodities (which currently averages 0.0) category. The ten year return for all United States etfs is 100.0% higher than that of the company.
MicroSectors Ten Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MicroSectors Gold's direct or indirect competition against its Ten Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of MicroSectors Gold could also be used in its relative valuation, which is a method of valuing MicroSectors Gold by comparing valuation metrics of similar companies.MicroSectors Gold is currently under evaluation in ten year return as compared to similar ETFs.
MicroSectors Fundamentals
Number Of Employees | 452 | |||
Total Asset | 1.32 M | |||
One Year Return | (60.30) % | |||
Net Asset | 1.32 M |
About MicroSectors Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MicroSectors Gold 3X's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MicroSectors Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MicroSectors Gold 3X based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.