Ubs Etracs Etf Profile
| WTID Etf | USD 15.97 0.05 0.31% |
Performance13 of 100
| Odds Of DistressLess than 9
|
UBS ETRACS is trading at 15.97 as of the 26th of July 2024, a 0.31% down since the beginning of the trading day. The etf's lowest day price was 15.95. 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 27th of April 2024 and ending today, the 26th of July 2024. Click here to learn more.
The investment seeks to provide a three times leveraged inverse exposure to changes in the level of the Bloomberg WTI Crude Oil Subindex ERSM. UBS ETRACS is traded on PCX Exchange in the United States. More on UBS ETRACS
Moving against UBS Etf
UBS Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Energy ETFs, Trading--Inverse Commodities, UBS Group AG (View all Sectors) |
| Issuer | Bank of Montreal |
| Inception Date | 2023-02-14 |
| Benchmark | Solactive MicroSectors Energy Index |
| Entity Type | Exchange-Traded Note |
| Asset Under Management | 2.71 Million |
| Average Trading Valume | 1,613.5 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Developed Markets |
| Region | North America |
| Advisor | Bank of Montreal |
| Exchange | NYSE Arca, Inc. |
| Market Maker | Old Mission |
| Total Expense | 0.95 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | 348.68 |
| Name | UBS ETRACS - ProShares Daily 3x Inverse Crude ETN |
| Currency Code | USD |
| Open Figi | BBG01DZB2L99 |
| In Threey Volatility | 98.71 |
| 1y Volatility | 112 |
| 200 Day M A | 19.029 |
| 50 Day M A | 16.3387 |
| Code | WTID |
| Updated At | 25th of July 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.05 |
| Type | ETF |
UBS ETRACS [WTID] is traded in USA and was established 2017-01-04. The fund is listed under Trading--Inverse Commodities category and is part of UBS Group AG family. The entity is thematically classified as Sector ETFs. UBS ETRACS at this time have 7.98 M in net assets. , while the total return for the last 3 years was -25.0%.
Check UBS ETRACS Probability Of Bankruptcy
UBS ETRACS Risk Profiles
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.
| Risk Adjusted Performance | 0.0793 | |||
| Jensen Alpha | 0.4891 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0775 |
UBS ETRACS Against Markets
Additional Information and Resources on Investing in UBS Etf
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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.