United States 3x has current Real Value of $27.43 per share. The regular price of the etf is $30.14. Based on Macroaxis valuation methodology, the etf is over valued. Macroaxis measures value of United States 3x from inspecting the etf technical indicators and Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securites prices and their ongoing real values will draw towards each other.
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United States is not very volatile asset. Calculation of real value of United States 3x is based on 1 month time horizon. Increasing United States 3x time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.