Microsectors Gold 3x Etf Performance
| DULL Etf | USD 8.56 0.05 0.58% |
The etf secures a Beta (Market Risk) of 0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MicroSectors Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding MicroSectors Gold is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days MicroSectors Gold 3X has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Etf's essential indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the ETF venture institutional investors. ...more
1 | Crypto has become boring in 2024 while AI creates peak apathy for new tech - CryptoSlate | 09/06/2024 |
2 | MicroSectors Gold -3x Inverse Leveraged ETN Hits New 1-Year Low Heres What Happened | 10/16/2024 |
3 | MicroSectors Gold -3x Inverse Leveraged ETN Shares Gap Up Time to Buy | 11/11/2024 |
MicroSectors |
MicroSectors Gold Relative Risk vs. Return Landscape
If you would invest 984.00 in MicroSectors Gold 3X on August 29, 2024 and sell it today you would lose (128.00) from holding MicroSectors Gold 3X or give up 13.01% of portfolio value over 90 days. MicroSectors Gold 3X is currently does not generate positive expected returns and assumes 2.998% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of etfs are less volatile than MicroSectors, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
MicroSectors Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MicroSectors Gold's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as MicroSectors Gold 3X, and traders can use it to determine the average amount a MicroSectors Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0591
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DULL |
Estimated Market Risk
| 3.0 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MicroSectors Gold 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 MicroSectors Gold by adding MicroSectors Gold to a well-diversified portfolio.
MicroSectors Gold Fundamentals Growth
MicroSectors Etf prices reflect investors' perceptions of the future prospects and financial health of MicroSectors Gold, and MicroSectors Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MicroSectors Etf performance.
| Total Asset | 1.32 M | |||
About MicroSectors Gold Performance
By examining MicroSectors Gold's fundamental ratios, stakeholders can obtain critical insights into MicroSectors Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that MicroSectors Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
MicroSectors Gold is entity of United States. It is traded as Etf on NYSE ARCA exchange.| MicroSectors Gold generated a negative expected return over the last 90 days | |
| Latest headline from thelincolnianonline.com: MicroSectors Gold -3x Inverse Leveraged ETN Shares Gap Up Time to Buy | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in MicroSectors Gold 3X. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of MicroSectors Gold is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Gold's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Gold'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 MicroSectors Gold's market value can be influenced by many factors that don't directly affect MicroSectors Gold'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 MicroSectors Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Gold'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.