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FXQUOX

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

Analysis and statistics

  • Open
    11.511$
  • Previous Close
    11.511$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

FXQUOX.US is the ticker symbol for the ProShares Short Nasdaq x1.5 ETF. This exchange-traded fund (ETF) seeks daily investment results, before fees and expenses, that correspond to one and a half times (1.5x) the inverse (opposite) of the daily performance of the Nasdaq-100 Index. In simpler terms, it's designed to potentially profit when the Nasdaq-100 Index declines. However, due to the leveraged and inverse nature of the fund, it is important to note that it's not designed for long-term holding periods and can be very risky, especially if the Nasdaq-100 Index increases over time. It is primarily intended for sophisticated investors who actively monitor their investments and understand the risks associated with leveraged and inverse ETFs.
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Factors

Economic Indicators: GDP, inflation, and unemployment rates influence currency value.

Interest Rates: Higher rates attract foreign investment, increasing demand.

Political Stability: Uncertainty can decrease investor confidence, lowering value.

Government Debt: High debt can weaken a currency's perceived strength.

Trade Balance: A surplus increases demand for the currency.

Global Events: Major world events impact investor sentiment.

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