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EUSC

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    48.7423$
  • Previous Close
    48.9077$
  • 52 Week Change
    --
  • Day Range
    -0.17$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

EUSC.US is the ticker symbol for the ProShares UltraShort MSCI Emerging Markets ETF. This ETF aims to deliver two times the inverse (-2x) of the daily performance of the MSCI Emerging Markets Index. In simpler terms, it's designed to profit when emerging market stocks, as represented by the MSCI Emerging Markets Index, decline. Due to its leveraged and inverse nature, it is a high-risk investment product and is generally suitable for sophisticated investors with a short-term trading horizon, as its performance can deviate significantly from the underlying index over longer periods due to the effects of compounding.
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Factors

Underlying Index Performance: EUSC.US tracks a specific index. The ETF's price is significantly impacted by the performance of the underlying assets within that index.

Supply and Demand: Basic market forces influence the price. High demand increases the price; high supply decreases it.

Currency Fluctuations: As the ETF represents European stocks, currency exchange rates (USD vs. EUR) impact the ETF's price.

Interest Rates: Changes in interest rates in the Eurozone and the US can affect investor sentiment and capital flows, impacting demand.

Economic Conditions: Broad economic factors in Europe (GDP growth, inflation, unemployment) influence the earnings and valuations of the companies held within the index.

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