Etracs 2x Leveraged Etf Key Fundamental Indicators
| SCDL Etf | USD 45.05 0.27 0.60% |
As of the 30th of January, ETRACS 2x shows the Market Risk Adjusted Performance of 0.2322, downside deviation of 1.16, and Mean Deviation of 1.11. Relative to fundamental indicators, the technical analysis model provides you with a way to check practical technical drivers of ETRACS 2x, as well as the relationship between them. Please confirm ETRACS 2x Leveraged information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if ETRACS 2x Leveraged is priced fairly, providing market reflects its regular price of 45.05 per share.
ETRACS 2x's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing ETRACS 2x's valuation are provided below:ETRACS 2x Leveraged does not now have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Understanding ETRACS 2x Leveraged requires distinguishing between market price and book value, where the latter reflects ETRACS's accounting equity. The concept of intrinsic value—what ETRACS 2x's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push ETRACS 2x's price substantially above or below its fundamental value.
Please note, there is a significant difference between ETRACS 2x's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, ETRACS 2x's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
ETRACS 2x 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ETRACS 2x's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ETRACS 2x.
| 11/01/2025 |
| 01/30/2026 |
If you would invest 0.00 in ETRACS 2x on November 1, 2025 and sell it all today you would earn a total of 0.00 from holding ETRACS 2x Leveraged or generate 0.0% return on investment in ETRACS 2x over 90 days. ETRACS 2x is related to or competes with ETRACS Monthly, ETRACS Quarterly, ProShares Short, Invesco Exchange, ETRACS 2x, ETRACS 2x, and MicroSectors Solactive. Etracs 2X is traded on NYSEARCA Exchange in the United States. More
ETRACS 2x Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ETRACS 2x's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ETRACS 2x Leveraged upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.1434 | |||
| Maximum Drawdown | 5.63 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 3.07 |
ETRACS 2x Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETRACS 2x's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ETRACS 2x's standard deviation. In reality, there are many statistical measures that can use ETRACS 2x historical prices to predict the future ETRACS 2x's volatility.| Risk Adjusted Performance | 0.1403 | |||
| Jensen Alpha | 0.1963 | |||
| Total Risk Alpha | 0.1548 | |||
| Sortino Ratio | 0.1763 | |||
| Treynor Ratio | 0.2222 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ETRACS 2x's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ETRACS 2x January 30, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1403 | |||
| Market Risk Adjusted Performance | 0.2322 | |||
| Mean Deviation | 1.11 | |||
| Semi Deviation | 0.9001 | |||
| Downside Deviation | 1.16 | |||
| Coefficient Of Variation | 536.21 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.02 | |||
| Information Ratio | 0.1434 | |||
| Jensen Alpha | 0.1963 | |||
| Total Risk Alpha | 0.1548 | |||
| Sortino Ratio | 0.1763 | |||
| Treynor Ratio | 0.2222 | |||
| Maximum Drawdown | 5.63 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 3.07 | |||
| Downside Variance | 1.34 | |||
| Semi Variance | 0.8102 | |||
| Expected Short fall | (1.32) | |||
| Skewness | 0.4941 | |||
| Kurtosis | 0.0224 |
ETRACS 2x Leveraged Backtested Returns
ETRACS 2x appears to be very steady, given 3 months investment horizon. ETRACS 2x Leveraged secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the etf had a 0.26 % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for ETRACS 2x Leveraged, which you can use to evaluate the volatility of the entity. Please utilize ETRACS 2x's Market Risk Adjusted Performance of 0.2322, downside deviation of 1.16, and Mean Deviation of 1.11 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 1.15, which means a somewhat significant risk relative to the market. ETRACS 2x returns are very sensitive to returns on the market. As the market goes up or down, ETRACS 2x is expected to follow.
Auto-correlation | 0.83 |
Very good predictability
ETRACS 2x Leveraged has very good predictability. Overlapping area represents the amount of predictability between ETRACS 2x time series from 1st of November 2025 to 16th of December 2025 and 16th of December 2025 to 30th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ETRACS 2x Leveraged price movement. The serial correlation of 0.83 indicates that around 83.0% of current ETRACS 2x price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 3.86 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, ETRACS 2x Leveraged has a Beta of 1.38. This is much higher than that of the UBS family and significantly higher than that of the Trading--Leveraged Equity category. The beta for all United States etfs is notably lower than that of the firm.
ETRACS Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETRACS 2x's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ETRACS 2x could also be used in its relative valuation, which is a method of valuing ETRACS 2x by comparing valuation metrics of similar companies.ETRACS 2x is currently under evaluation in beta as compared to similar ETFs.
ETRACS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ETRACS 2x's current stock value. Our valuation model uses many indicators to compare ETRACS 2x value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ETRACS 2x competition to find correlations between indicators driving ETRACS 2x's intrinsic value. More Info.ETRACS 2x Leveraged is rated fifth largest ETF in beta as compared to similar ETFs. It is rated below average in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value ETRACS 2x by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ETRACS 2x will likely underperform.
ETRACS Fundamentals
| Beta | 1.38 | |||
| Total Asset | 38.71 M | |||
| One Year Return | (4.20) % | |||
| Three Year Return | 2.60 % | |||
| Net Asset | 38.71 M |
About ETRACS 2x Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETRACS 2x Leveraged's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETRACS 2x using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETRACS 2x Leveraged 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.Etracs 2X is traded on NYSEARCA Exchange in the United States.
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Understanding ETRACS 2x Leveraged requires distinguishing between market price and book value, where the latter reflects ETRACS's accounting equity. The concept of intrinsic value—what ETRACS 2x's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push ETRACS 2x's price substantially above or below its fundamental value.
Please note, there is a significant difference between ETRACS 2x's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS 2x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, ETRACS 2x's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.