Use Market to protect against small markets fluctuations. The etf experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Market to be traded at $31.35 in 30 days
Market Price and Market Media
The median price of Market for the period between Fri, Nov 8, 2013 and Sun, Dec 8, 2013 is 33.52 with a coefficient of variation of 3.49. The daily time series for the period is distributed with a sample standard deviation of 1.16, arithmetic mean of 33.2, and mean deviation of 1.04. The ETF did not receive any noticable media coverage during the period.
Market Vectors Indian RupeeUSD ETN [INR] is traded in USA and was established in March 14, 2008. The fund is classified under Single Currency category within Market Vectors family. This fund currently have 1.6 M in assets under management (AUM). Market Vectors Indian RupeeUSD ETN is currenly generating return of -7.48%, while the total return for the last 3 years was 3.24%.
Market Vectors Indian RupeeUSD ETN is rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Single Currency category is currently estimated at about 2.31 Billion. Market adds roughly 1.6 Million in net asset claiming only tiny portion of equities under Single Currency ETF category.
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