Etracs 2x Leveraged Etf Market Value
| SCDL Etf | USD 44.41 0.10 0.22% |
| Symbol | ETRACS |
The market value of ETRACS 2x Leveraged is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS 2x's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 2x'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 ETRACS 2x's market value can be influenced by many factors that don't directly affect ETRACS 2x'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 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. However, ETRACS 2x'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.
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.
| 10/27/2025 |
| 01/25/2026 |
If you would invest 0.00 in ETRACS 2x on October 27, 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 | 1.14 | |||
| Information Ratio | 0.1199 | |||
| 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 | 0.133 | |||
| Jensen Alpha | 0.158 | |||
| Total Risk Alpha | 0.1061 | |||
| Sortino Ratio | 0.149 | |||
| Treynor Ratio | 0.202 |
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 25, 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 | 0.133 | |||
| Market Risk Adjusted Performance | 0.212 | |||
| Mean Deviation | 1.1 | |||
| Semi Deviation | 0.9159 | |||
| Downside Deviation | 1.14 | |||
| Coefficient Of Variation | 571.32 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.02 | |||
| Information Ratio | 0.1199 | |||
| Jensen Alpha | 0.158 | |||
| Total Risk Alpha | 0.1061 | |||
| Sortino Ratio | 0.149 | |||
| Treynor Ratio | 0.202 | |||
| Maximum Drawdown | 5.63 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 3.07 | |||
| Downside Variance | 1.31 | |||
| Semi Variance | 0.8388 | |||
| Expected Short fall | (1.30) | |||
| Skewness | 0.522 | |||
| Kurtosis | 0.0602 |
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 0.17, which denotes the etf had a 0.17 % return per unit of volatility over the last 3 months. We have found twenty-six technical indicators for ETRACS 2x Leveraged, which you can use to evaluate the volatility of the entity. Please utilize ETRACS 2x's Mean Deviation of 1.1, market risk adjusted performance of 0.212, and Downside Deviation of 1.14 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 1.18, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ETRACS 2x will likely underperform.
Auto-correlation | 0.78 |
Good predictability
ETRACS 2x Leveraged has good predictability. Overlapping area represents the amount of predictability between ETRACS 2x time series from 27th of October 2025 to 11th of December 2025 and 11th of December 2025 to 25th 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 0.78 indicates that around 78.0% of current ETRACS 2x price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 3.04 |
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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.