Etracs 2x Leveraged Etf Market Value
| SCDL Etf | USD 51.53 0.78 1.54% |
| Symbol | ETRACS |
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.
| 11/17/2025 |
| 02/15/2026 |
If you would invest 0.00 in ETRACS 2x on November 17, 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 | 1.13 | |||
| Information Ratio | 0.2883 | |||
| Maximum Drawdown | 5.76 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 3.17 |
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 | 0.2744 | |||
| Jensen Alpha | 0.4478 | |||
| Total Risk Alpha | 0.386 | |||
| Sortino Ratio | 0.3892 | |||
| Treynor Ratio | 0.583 |
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 February 15, 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 | 0.2744 | |||
| Market Risk Adjusted Performance | 0.593 | |||
| Mean Deviation | 1.24 | |||
| Semi Deviation | 0.677 | |||
| Downside Deviation | 1.13 | |||
| Coefficient Of Variation | 299.23 | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.32 | |||
| Information Ratio | 0.2883 | |||
| Jensen Alpha | 0.4478 | |||
| Total Risk Alpha | 0.386 | |||
| Sortino Ratio | 0.3892 | |||
| Treynor Ratio | 0.583 | |||
| Maximum Drawdown | 5.76 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 3.17 | |||
| Downside Variance | 1.27 | |||
| Semi Variance | 0.4583 | |||
| Expected Short fall | (1.56) | |||
| Skewness | 0.3413 | |||
| Kurtosis | (0.60) |
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 0.34, which denotes the etf had a 0.34 % return per unit of volatility over the last 3 months. By evaluating ETRACS 2x's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize ETRACS 2x's Downside Deviation of 1.13, market risk adjusted performance of 0.593, and Mean Deviation of 1.24 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.86, which means possible diversification benefits within a given portfolio. 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 | 0.69 |
Good predictability
ETRACS 2x Leveraged has good predictability. Overlapping area represents the amount of predictability between ETRACS 2x time series from 17th of November 2025 to 1st of January 2026 and 1st of January 2026 to 15th of February 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 0.69 indicates that around 69.0% of current ETRACS 2x price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 14.04 |
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ETRACS 2x technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.