Ubs Etracs Etf Profile

WTIU Etf  USD 23.30  0.93  4.16%   

Performance

14 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
UBS ETRACS is selling for under 23.30 as of the 29th of March 2024; that is 4.16% increase since the beginning of the trading day. The etf's last reported lowest price was 22.73. UBS ETRACS has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for UBS ETRACS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
The investment seeks to provide a daily long leveraged exposure to the performance of the Bloomberg WTI Crude Oil Subindex ERSM. UBS ETRACS is traded on PCX Exchange in the United States. More on UBS ETRACS

Moving together with UBS Etf

  0.82AGQ ProShares Ultra SilverPairCorr
  0.74UGL ProShares Ultra GoldPairCorr
  0.74DGP DB Gold DoublePairCorr

Moving against UBS Etf

  0.79WTID UBS ETRACS -PairCorr

UBS Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. UBS ETRACS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding UBS ETRACS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationEnergy ETFs, Sector ETFs, Trading--Leveraged Commodities, UBS Group AG (View all Sectors)
IssuerBank of Montreal
Inception Date2023-02-14
BenchmarkSolactive MicroSectors Energy Index
Entity TypeExchange-Traded Note
Asset Under Management3.59 Million
Average Trading Valume2,167.4
Asset TypeEquity
CategorySector
FocusEnergy
Market ConcentrationDeveloped Markets
RegionNorth America
AdvisorBank of Montreal
ExchangeNYSE Arca, Inc.
Market MakerOld Mission
Total Expense0.95
Management Fee0.95
Country NameUSA
Returns Y T D(98.47)
NameUBS ETRACS - ProShares Daily 3x Long Crude ETN
Currency CodeUSD
Open FigiBBG01DZ9P013
In Threey Volatility103.15
1y Volatility126.8
200 Day M A17.8045
50 Day M A17.4901
CodeWTIU
Updated At28th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.34)
TypeETF
UBS ETRACS [WTIU] is traded in USA and was established 2017-01-04. The fund is listed under Trading--Leveraged Commodities category and is part of UBS Group AG family. The entity is thematically classified as Energy ETFs. UBS ETRACS - at this time have 5.59 M in net assets. , while the total return for the last 3 years was -74.5%.
Check UBS ETRACS Probability Of Bankruptcy

UBS ETRACS Target Price Odds Analysis

Attributed to a normal probability distribution, the odds of UBS ETRACS jumping above the current price in 90 days from now is near 1%. The UBS ETRACS probability density function shows the probability of UBS ETRACS etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.7578. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, UBS ETRACS will likely underperform. Additionally, uBS ETRACS has an alpha of 0.3593, implying that it can generate a 0.36 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 23.3HorizonTargetOdds Above 23.3
99.23%90 days
 23.30 
0.76%
Based on a normal probability distribution, the odds of UBS ETRACS to move above the current price in 90 days from now is near 1 (This UBS ETRACS probability density function shows the probability of UBS Etf to fall within a particular range of prices over 90 days) .

UBS ETRACS - Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. UBS ETRACS market risk premium is the additional return an investor will receive from holding UBS ETRACS long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in UBS ETRACS. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although UBS ETRACS's alpha and beta are two of the key measurements used to evaluate UBS ETRACS's performance over the market, the standard measures of volatility play an important role as well.

UBS ETRACS Against Markets

Picking the right benchmark for UBS ETRACS etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in UBS ETRACS etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for UBS ETRACS is critical whether you are bullish or bearish towards UBS ETRACS at a given time. Please also check how UBS ETRACS's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in UBS ETRACS without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy UBS Etf?

Before investing in UBS ETRACS, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in UBS ETRACS. To buy UBS ETRACS etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of UBS ETRACS. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase UBS ETRACS etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located UBS ETRACS etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased UBS ETRACS etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as UBS ETRACS , carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy UBS Etf please use our How to Invest in UBS ETRACS guide.

Already Invested in UBS ETRACS ?

The danger of trading UBS ETRACS is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of UBS ETRACS is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than UBS ETRACS. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile UBS ETRACS - is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether UBS ETRACS - is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if UBS Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ubs Etracs Etf. Highlighted below are key reports to facilitate an investment decision about Ubs Etracs Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UBS ETRACS . Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running UBS ETRACS's price analysis, check to measure UBS ETRACS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UBS ETRACS is operating at the current time. Most of UBS ETRACS's value examination focuses on studying past and present price action to predict the probability of UBS ETRACS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UBS ETRACS's price. Additionally, you may evaluate how the addition of UBS ETRACS to your portfolios can decrease your overall portfolio volatility.
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The market value of UBS ETRACS - is measured differently than its book value, which is the value of UBS that is recorded on the company's balance sheet. Investors also form their own opinion of UBS ETRACS's value that differs from its market value or its book value, called intrinsic value, which is UBS ETRACS'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 UBS ETRACS's market value can be influenced by many factors that don't directly affect UBS ETRACS'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 UBS ETRACS's value and its price as these two are different measures arrived at by different means. Investors typically determine if UBS ETRACS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBS ETRACS'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.