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MUD

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

Analysis and statistics

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

Direxion Daily MSCI Emerging Markets Bear 3X Shares (MUD.US) is an exchange-traded fund (ETF) designed to deliver three times the inverse (opposite) of the daily performance of the MSCI Emerging Markets Index. This means it aims to provide magnified returns when emerging markets stocks decline in value. However, due to the effects of compounding, the fund is generally not suitable for holding periods longer than one day, as its performance can deviate significantly from the stated 3x inverse multiple over longer time frames. It is considered a high-risk, short-term trading tool primarily intended for sophisticated investors who actively monitor and manage their positions.
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Factors

Here's an explanation of factors affecting the MUD.US ETF price: Nickel Price: MUD.US tracks nickel miners/producers. Nickel price fluctuations directly impact profitability, affecting ETF value.

Mining Stock Performance: The individual performance of companies held within the ETF significantly impacts the overall price of MUD.US.

Geopolitical Risk: Mining operations are often sensitive to political instability, affecting investor confidence and the ETF's price.

Exchange Rates: Currency fluctuations can impact profitability for companies with global operations affecting the ETF.

Interest Rates: Higher interest rates can increase borrowing costs for mining companies, potentially depressing stock prices within the ETF.

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