Etracs 2x Leveraged Etf Analysis

SCDL Etf  USD 48.43  0.01  0.02%   
Below is the normalized historical share price chart for ETRACS 2x Leveraged extending back to February 05, 2021. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ETRACS 2x stands at 48.43, as last reported on the 4th of February, with the highest price reaching 48.43 and the lowest price hitting 48.42 during the day.
3 y Volatility
26.91
200 Day MA
38.2333
1 y Volatility
28.3
50 Day MA
41.1373
Inception Date
2021-02-05
 
Covid
 
Interest Hikes
ETRACS 2x's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. ETRACS 2x's financial risk is the risk to ETRACS 2x stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that ETRACS 2x's debt-to-equity ratio measures a ETF's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which ETRACS 2x is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of ETRACS 2x to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, ETRACS 2x is said to be less leveraged. If creditors hold a majority of ETRACS 2x's assets, the ETF is said to be highly leveraged.
ETRACS 2x Leveraged is undervalued with Real Value of 51.1 and Hype Value of 48.96. The main objective of ETRACS 2x etf analysis is to determine its intrinsic value, which is an estimate of what ETRACS 2x Leveraged is worth, separate from its market price. There are two main types of ETRACS Etf analysis: fundamental analysis and technical analysis.
The ETRACS 2x etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ETRACS 2x Leveraged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

ETRACS Etf Analysis Notes

ETRACS 2x is is formed as Exchange-Traded Note in the United States. ETF is managed and operated by null. The fund has null constituents across multiple sectors and instustries. The fund charges 0.95 percent management fee with a total expences of 0.95 percent of total asset. The fund maintains all of the assets in different exotic instruments. Etracs 2X is traded on NYSEARCA Exchange in the United States. To find out more about ETRACS 2x Leveraged contact the company at 800-587-2111.

ETRACS 2x Leveraged Investment Alerts

The fund maintains all of the assets in different exotic instruments

ETRACS 2x Thematic Classifications

In addition to having ETRACS 2x etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
High Dividend Yield ETFs Idea
High Dividend Yield ETFs
USA ETFs from High Dividend Yield clasification
Strategy ETFs Idea
Strategy ETFs
USA ETFs from Strategy clasification

Management Efficiency

ETRACS 2x's management efficiency ratios could be used to measure how well ETRACS 2x manages its routine affairs as well as how well it operates its assets and liabilities.
Management at ETRACS 2x Leveraged focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Returns 3 Y
2.32
Returns 1 Y
(4.27)
Total Assets
6.9 M
Beta
1.38

ETRACS 2x Outstanding Bonds

ETRACS 2x issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ETRACS 2x Leveraged uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ETRACS bonds can be classified according to their maturity, which is the date when ETRACS 2x Leveraged has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

ETRACS 2x Predictive Daily Indicators

ETRACS 2x intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ETRACS 2x etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

ETRACS 2x Forecast Models

ETRACS 2x's time-series forecasting models are one of many ETRACS 2x's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ETRACS 2x's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

ETRACS 2x Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the ETRACS 2x's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of ETRACS 2x, which in turn will lower the firm's financial flexibility.

ETRACS 2x Corporate Bonds Issued

About ETRACS Etf Analysis

Etf analysis is the technique used by a trader or investor to examine and evaluate how ETRACS 2x prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ETRACS shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as ETRACS 2x. By using and applying ETRACS Etf analysis, traders can create a robust methodology for identifying ETRACS entry and exit points for their positions.
Etracs 2X is traded on NYSEARCA Exchange in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding ETRACS 2x to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Financial Widgets Now

   

Financial Widgets

Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
All  Next Launch Module
When determining whether ETRACS 2x Leveraged is a strong investment it is important to analyze ETRACS 2x's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ETRACS 2x's future performance. For an informed investment choice regarding ETRACS Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ETRACS 2x Leveraged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Understanding ETRACS 2x Leveraged requires distinguishing between market price and book value, where the latter reflects ETRACS's accounting equity. The concept of intrinsic value - what ETRACS 2x's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push ETRACS 2x's price substantially above or below its 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. In contrast, ETRACS 2x's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.