WTID:ARCA-UBS ETRACS - ProShares Daily 3x Inverse Crude ETN (USD)

ETF | Trading--Inverse Commodities | NYSE Arca

Last Closing

USD 13.4779

Change

+0.28 (+2.09)%

Market Cap

USD 0.03B

Volume

814.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The 3X Inverse Securities provide a three times leveraged inverse exposure to changes in the level of the Bloomberg WTI Crude Oil Subindex ERSM. The index is designed to measure the return from a rolling long position in WTI crude oil futures contracts that trade on major U.S. exchanges.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-26 )

Largest Industry Peers for Trading--Inverse Commodities

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KOLD ProShares UltraShort Bloomberg..

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ZSL ProShares UltraShort Silver

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GLL ProShares UltraShort Gold

+0.13 (+0.59%)

USD 0.02B
OILD MicroSectorsTM Oil & Gas Explo..

+0.08 (+0.58%)

USD 0.01B
DZZ DB Gold Double Short ETN

-0.05 (-2.53%)

USD 3.18M
DGZ DB Gold Short ETN

-0.24 (-2.61%)

USD 2.76M

ETFs Containing WTID

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Commodities) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -40.61% 13% F 2% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -40.61% 13% F 2% F
Trailing 12 Months  
Capital Gain -20.95% 38% F 12% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -20.95% 38% F 11% F
Trailing 5 Years  
Capital Gain 113.26% 100% F 89% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 113.26% 100% F 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 46.04% 75% C 94% A
Dividend Return 46.04% 75% C 94% A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 84.79% 75% C 9% A-
Risk Adjusted Return 54.30% 100% F 78% C+
Market Capitalization 0.03B 38% F 4% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Negative earnings

The company had negative total earnings in the most recent four quarters.