Microsectors Gold Miners Etf Performance
| GDXU Etf | USD 54.01 0.78 1.42% |
The etf secures a Beta (Market Risk) of 1.16, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MicroSectors Gold will likely underperform.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in MicroSectors Gold Miners are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, MicroSectors Gold unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | MicroSectors Gold Miners 3x Leveraged ETN Stock Price Up 10.3 percent Still a Buy | 01/07/2025 |
2 | MicroSectors Gold Miners 3x Leveraged ETN Shares Gap Up Whats Next | 01/30/2025 |
3 | How the price action is used to our Advantage - Stock Traders Daily | 02/20/2025 |
| In Threey Sharp Ratio | 0.02 |
MicroSectors |
MicroSectors Gold Relative Risk vs. Return Landscape
If you would invest 2,870 in MicroSectors Gold Miners on December 25, 2024 and sell it today you would earn a total of 2,531 from holding MicroSectors Gold Miners or generate 88.19% return on investment over 90 days. MicroSectors Gold Miners is currently generating 1.2211% in daily expected returns and assumes 5.4165% risk (volatility on return distribution) over the 90 days horizon. In different words, 48% of etfs are less volatile than MicroSectors, and 76% 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 Miners, 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 = 0.2254
| Best Portfolio | Best Equity | |||
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| Small Returns | GDXU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.42 actual daily | 48 52% of assets are more volatile |
Expected Return
| 1.22 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average MicroSectors Gold is performing at about 17% of its full potential. 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 it 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 | 73.6 M | |||
About MicroSectors Gold Performance
Assessing MicroSectors Gold's fundamental ratios provides investors with valuable insights into MicroSectors Gold's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the MicroSectors Gold is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Microsectors Gold is traded on NYSEARCA Exchange in the United States.| MicroSectors Gold is way too risky over 90 days horizon | |
| MicroSectors Gold appears to be risky and price may revert if volatility continues | |
| The fund created three year return of -32.0% | |
| MicroSectors Gold Miners retains 99.91% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MicroSectors Gold Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of MicroSectors Gold Miners 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.