Etracs 2x Leveraged Etf Market Value
| USML Etf | USD 42.31 0.39 0.91% |
| Symbol | ETRACS |
ETRACS 2x Leveraged's market price often diverges from its book value, the accounting figure shown on ETRACS's balance sheet. Smart investors calculate ETRACS 2x's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since ETRACS 2x's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from 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. 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.
| 11/05/2025 |
| 02/03/2026 |
If you would invest 0.00 in ETRACS 2x on November 5, 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 EFZ, ProShares Short, ETRACS 2x, ETRACS 2x, ProShares UltraShort, ProShares Short, and Bank of Montreal. 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 | 1.05 | |||
| Information Ratio | 0.0128 | |||
| Maximum Drawdown | 4.15 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.65 |
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 | 0.0518 | |||
| Jensen Alpha | 0.0153 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0119 | |||
| Treynor Ratio | 0.0594 |
ETRACS 2x February 3, 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 | 0.0518 | |||
| Market Risk Adjusted Performance | 0.0694 | |||
| Mean Deviation | 0.7635 | |||
| Semi Deviation | 0.9169 | |||
| Downside Deviation | 1.05 | |||
| Coefficient Of Variation | 1489.0 | |||
| Standard Deviation | 0.9749 | |||
| Variance | 0.9504 | |||
| Information Ratio | 0.0128 | |||
| Jensen Alpha | 0.0153 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0119 | |||
| Treynor Ratio | 0.0594 | |||
| Maximum Drawdown | 4.15 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.65 | |||
| Downside Variance | 1.1 | |||
| Semi Variance | 0.8406 | |||
| Expected Short fall | (0.79) | |||
| Skewness | (0.01) | |||
| Kurtosis | (0.35) |
ETRACS 2x Leveraged Backtested Returns
As of now, ETRACS Etf is very steady. ETRACS 2x Leveraged secures Sharpe Ratio (or Efficiency) of 0.0672, which denotes the etf had a 0.0672 % return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for ETRACS 2x Leveraged, which you can use to evaluate the volatility of the entity. Please confirm ETRACS 2x's Market Risk Adjusted Performance of 0.0694, mean deviation of 0.7635, and Downside Deviation of 1.05 to check if the risk estimate we provide is consistent with the expected return of 0.0655%. The etf shows a Beta (market volatility) of 0.93, 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 | -0.23 |
Weak reverse predictability
ETRACS 2x Leveraged has weak reverse predictability. Overlapping area represents the amount of predictability between ETRACS 2x time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd 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 -0.23 indicates that over 23.0% of current ETRACS 2x price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
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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.