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.
UVIX |
Sharpe Ratio = -0.0778
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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 Price | October 7, 2024 | 6.26 |
Lowest Price | November 27, 2024 | 3.33 |
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
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.Open | High | Low | Close | Volume | ||
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.
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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.
Risk Adjusted Performance | 0.0111 | |||
Jensen Alpha | 0.9034 | |||
Total Risk Alpha | (1.31) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.