Etracs 2x Leveraged Etf Year To Date Return
| ESUSDelisted Etf | USD 35.29 0.00 0.00% |
ETRACS 2x Leveraged fundamentals help investors to digest information that contributes to ETRACS 2x's financial success or failures. It also enables traders to predict the movement of ETRACS Etf. The fundamental analysis module provides a way to measure ETRACS 2x's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ETRACS 2x etf.
ETRACS |
ETRACS 2x Leveraged ETF Year To Date Return Analysis
ETRACS 2x's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
CompetitionAccording to the company's disclosures, ETRACS 2x Leveraged has a Year To Date Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Trading--Leveraged Equity (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
ETRACS Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETRACS 2x's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ETRACS 2x could also be used in its relative valuation, which is a method of valuing ETRACS 2x by comparing valuation metrics of similar companies.ETRACS 2x is currently under evaluation in year to date return as compared to similar ETFs.
ETRACS Fundamentals
| Beta | 2.04 | |||
| One Year Return | 57.20 % | |||
| Three Year Return | 8.70 % |
About ETRACS 2x Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ETRACS 2x Leveraged's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETRACS 2x using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETRACS 2x Leveraged based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in ETRACS Etf
If you are still planning to invest in ETRACS 2x Leveraged check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ETRACS 2x's history and understand the potential risks before investing.
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