MicroSectors Travel -3x Inverse Leveraged ETN Sees Strong Trading Volume Whats Next?
| FLYD Etf | USD 14.61 0.05 0.34% |
About 62% of MicroSectors Travel's investor base is looking to short. The current sentiment regarding investing in MicroSectors Travel 3X etf implies that many traders are alarmed. The current market sentiment, together with MicroSectors Travel's historical and current headlines, can help investors time the market. In addition, many technical investors use MicroSectors Travel etf news signals to limit their universe of possible portfolio assets.
MicroSectors Travel etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of MicroSectors daily returns and investor perception about the current price of MicroSectors Travel 3X as well as its diversification or hedging effects on your existing portfolios.
MicroSectors |
MicroSectors Travel -3x Inverse Leveraged ETN saw unusually-strong trading volume on Tuesday . Approximately 1,036 shares were traded during trading, a decline of 41 percent from the previous sessions volume of 1,746 shares.The stock last traded at 15.37 and had previously closed at 15.11. MicroSectors Travel -3x Inverse Leveraged ETN Price
Read at thelincolnianonline.com
 |
MicroSectors Travel Fundamental Analysis
We analyze MicroSectors Travel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MicroSectors Travel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MicroSectors Travel 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.
One Year Return
One Year Return Comparative Analysis
MicroSectors Travel is currently under evaluation in one year return as compared to similar ETFs. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
MicroSectors Travel Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MicroSectors Travel etf to make a market-neutral strategy. Peer analysis of MicroSectors Travel could also be used in its relative valuation, which is a method of valuing MicroSectors Travel by comparing valuation metrics with similar companies.
Peers
MicroSectors Travel Related Equities
| WEBS | Direxion Daily | 7.60 | ||||
| GDXD | MicroSectors Gold | 2.08 | ||||
| BERZ | MicroSectors Solactive | 0.26 | ||||
| FLYU | MicroSectors Travel | 0.08 |
Check out MicroSectors Travel Hype Analysis, MicroSectors Travel Correlation and MicroSectors Travel Performance. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of MicroSectors Travel 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 Travel's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Travel'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 Travel's market value can be influenced by many factors that don't directly affect MicroSectors Travel'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 Travel's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Travel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Travel'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.