2x Long Vix Etf Price History

UVIX Etf  USD 3.33  0.04  1.19%   
If you're considering investing in UVIX Etf, it is important to understand the factors that can impact its price. As of today, the current price of 2x Long stands at 3.33, as last reported on the 29th of November, with the highest price reaching 3.54 and the lowest price hitting 3.31 during the day. 2x Long VIX retains Efficiency (Sharpe Ratio) of -0.0778, which signifies that the etf had a -0.0778% return per unit of price deviation over the last 3 months. 2x Long exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 2x Long's Standard Deviation of 8.77, market risk adjusted performance of 0.0084, and Coefficient Of Variation of 39029.42 to double-check the risk estimate we provide.
  
UVIX Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0778

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsUVIX

Estimated Market Risk

 7.31
  actual daily
65
65% of assets are less volatile

Expected Return

 -0.57
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average 2x Long is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of 2x Long by adding 2x Long to a well-diversified portfolio.
Average Mkt Cap Mil
No Data

2x Long Etf Price History Chart

There are several ways to analyze 2x Long VIX Etf price data. The simplest method is using a basic UVIX candlestick price chart, which shows 2x Long price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 7, 20246.26
Lowest PriceNovember 27, 20243.33

2x Long November 29, 2024 Etf Price Synopsis

Various analyses of 2x Long's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell UVIX Etf. It can be used to describe the percentage change in the price of 2x Long from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of UVIX Etf.
2x Long Price Daily Balance Of Power(0.17)
2x Long Price Rate Of Daily Change 0.99 
2x Long Price Action Indicator(0.11)

2x Long November 29, 2024 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in 2x Long VIX Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use 2x Long intraday prices and daily technical indicators to check the level of noise trading in 2x Long VIX Etf and then apply it to test your longer-term investment strategies against UVIX.

UVIX Etf Price History Data

The price series of 2x Long for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 2.93 with a coefficient of variation of 16.75. The daily prices for the period are distributed with arithmetic mean of 4.76. The median price for the last 90 days is 4.89.
OpenHighLowCloseVolume
11/29/2024
 3.38  3.54  3.31  3.33 
11/27/2024 3.38  3.54  3.31  3.33  21,261,300 
11/26/2024 3.44  3.44  3.30  3.37  22,351,800 
11/25/2024 3.48  3.78  3.43  3.44  23,308,253 
11/22/2024 3.98  4.01  3.70  3.71  24,930,373 
11/21/2024 3.84  4.30  3.81  4.02  32,936,869 
11/20/2024 3.82  4.38  3.79  4.09  49,668,518 
11/19/2024 4.00  4.02  3.63  3.83  30,734,250 
11/18/2024 3.81  3.88  3.47  3.58  28,491,438 
11/15/2024 3.50  4.18  3.46  3.87  61,488,300 
11/14/2024 3.37  3.45  3.28  3.40  24,860,718 
11/13/2024 3.51  3.60  3.37  3.41  22,263,600 
11/12/2024 3.62  3.75  3.53  3.55  25,340,453 
11/11/2024 3.53  3.60  3.47  3.59  19,191,266 
11/08/2024 3.65  3.74  3.57  3.62  18,501,400 
11/07/2024 3.77  3.77  3.61  3.65  20,323,443 
11/06/2024 3.89  4.29  3.82  3.90  39,693,249 
11/05/2024 5.26  5.28  4.84  4.86  27,581,952 
11/04/2024 5.83  5.91  5.38  5.42  21,906,833 
11/01/2024 5.81  5.97  5.53  5.92  24,482,858 
10/31/2024 5.59  6.15  5.57  6.15  38,511,153 
10/30/2024 5.17  5.34  5.02  5.32  18,965,997 
10/29/2024 5.15  5.23  4.95  5.09  13,660,095 
10/28/2024 5.20  5.27  5.00  5.11  18,977,166 
10/25/2024 5.08  5.67  4.97  5.66  29,350,754 
10/24/2024 5.13  5.66  5.12  5.19  19,005,734 
10/23/2024 5.01  5.62  4.97  5.36  26,644,115 
10/22/2024 5.06  5.15  4.82  4.89  13,479,948 
10/21/2024 4.98  5.17  4.87  4.92  14,215,894 
10/18/2024 5.08  5.13  4.88  4.90  12,098,054 
10/17/2024 5.22  5.34  5.12  5.15  10,965,168 
10/16/2024 5.37  5.57  5.24  5.29  11,312,113 
10/15/2024 4.92  5.46  4.84  5.44  22,855,300 
10/14/2024 5.34  5.37  4.98  5.08  12,259,328 
10/11/2024 5.64  5.65  5.40  5.49  10,596,400 
10/10/2024 5.55  5.76  5.51  5.61  15,569,220 
10/09/2024 5.72  5.75  5.42  5.47  10,350,402 
10/08/2024 5.84  5.97  5.61  5.75  14,746,628 
10/07/2024 5.50  6.35  5.49  6.26  23,204,951 
10/04/2024 5.48  5.69  5.27  5.34  24,514,545 
10/03/2024 5.54  5.80  5.33  5.74  24,816,240 
10/02/2024 5.50  5.78  5.23  5.28  24,231,262 
10/01/2024 4.73  5.56  4.72  5.46  58,050,915 
09/30/2024 5.00  5.21  4.70  4.72  25,288,284 
09/27/2024 4.52  4.93  4.50  4.93  17,198,635 
09/26/2024 4.46  4.60  4.43  4.52  11,871,780 
09/25/2024 4.44  4.55  4.35  4.51  13,806,890 
09/24/2024 4.34  4.69  4.29  4.43  17,957,427 
09/23/2024 4.29  4.47  4.20  4.40  13,327,570 
09/20/2024 4.47  4.50  4.26  4.36  16,951,954 
09/19/2024 4.46  4.60  4.34  4.40  17,843,901 
09/18/2024 4.86  5.03  4.38  4.71  31,550,310 
09/17/2024 4.69  5.05  4.61  4.90  23,709,647 
09/16/2024 4.68  4.92  4.66  4.73  21,398,307 
09/13/2024 4.71  4.74  4.44  4.63  16,638,306 
09/12/2024 4.84  5.09  4.65  4.65  24,789,000 
09/11/2024 5.30  6.02  4.72  4.73  46,937,781 
09/10/2024 5.30  5.89  5.17  5.19  23,468,330 
09/09/2024 5.92  6.05  5.26  5.37  24,721,020 
09/06/2024 5.21  6.70  5.07  6.15  48,998,839 
09/05/2024 5.79  5.92  5.22  5.38  23,055,159 

About 2x Long Etf history

2x Long investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for UVIX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 2x Long VIX will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing 2x Long stock prices may prove useful in developing a viable investing in 2x Long

2x Long Etf Technical Analysis

2x Long 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.
A focus of 2x Long technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 2x Long trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Global Markets Map Now

   

Global Markets Map

Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
All  Next Launch Module

2x Long Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for 2x Long's price direction in advance. Along with the technical and fundamental analysis of UVIX Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of UVIX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether 2x Long VIX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 2x Long's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 2x Long Vix Etf. Outlined below are crucial reports that will aid in making a well-informed decision on 2x Long Vix Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 2x Long VIX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of 2x Long VIX is measured differently than its book value, which is the value of UVIX that is recorded on the company's balance sheet. Investors also form their own opinion of 2x Long's value that differs from its market value or its book value, called intrinsic value, which is 2x Long'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 2x Long's market value can be influenced by many factors that don't directly affect 2x Long'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 2x Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2x Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2x Long'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.