BMO REX MicroSectors FANG Index 3X Leveraged ETN Shares Gap Up Time to Buy?
| FNGUDelisted Etf | USD 433.90 0.00 0.00% |
Slightly above 56% of MicroSectors FANG's investor base is looking to short. The current sentiment regarding investing in MicroSectors FANG Index etf implies that many traders are alarmed. MicroSectors FANG's investing sentiment can be driven by a variety of factors including economic data, MicroSectors FANG's earnings reports, geopolitical events, and overall market trends.
MicroSectors |
BMO REX MicroSectors FANG Index 3X Leveraged ETN gapped up prior to trading on Thursday . The stock had previously closed at 433.89, but opened at 449.51. BMO REX MicroSectors FANG Index 3X Leveraged ETN shares last traded at 444.00, with a volume of 122,041 shares traded. BMO REX MicroSectors
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MicroSectors FANG Fundamental Analysis
We analyze MicroSectors FANG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MicroSectors FANG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MicroSectors FANG 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 FANG 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 FANG Index 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 FANG etf to make a market-neutral strategy. Peer analysis of MicroSectors FANG could also be used in its relative valuation, which is a method of valuing MicroSectors FANG by comparing valuation metrics with similar companies.
Peers
MicroSectors FANG Related Equities
| FNGD | MicroSectors FANG | 3.66 | ||||
| LABU | Direxion Daily | 0.13 | ||||
| BULZ | MicroSectors Solactive | 0.32 | ||||
| SOXL | Direxion Daily | 1.92 | ||||
| TECL | Direxion Daily | 2.05 |
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 price. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in MicroSectors Etf
If you are still planning to invest in MicroSectors FANG Index 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 MicroSectors FANG's history and understand the potential risks before investing.
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