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PSQ

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

Analysis and statistics

  • Open
    610.831$
  • Previous Close
    610.5563$
  • 52 Week Change
    --
  • Day Range
    0.27$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

PSQ.MX represents the ProShares Short QQQ ETF listed on the Mexican Stock Exchange. This exchange-traded fund is designed to deliver the inverse of the daily performance of the Nasdaq-100 Index. Specifically, it aims to provide a return that is -1x the return of the index for a single day. Investors use PSQ.MX to potentially profit from, or hedge against, declines in the technology-heavy Nasdaq-100. However, due to the daily reset, its performance can deviate significantly from the inverse of the index's return over longer periods.
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Factors

Underlying Index Performance: PSQ.MX's price mirrors the inverse performance of its underlying index, the S&P 500. A falling S&P 500 drives PSQ.MX's price up, while a rising S&P 500 causes it to fall.

Investor Demand: Higher demand for PSQ.MX, often during market downturns, can increase its price due to increased buying pressure. Conversely, lower demand can decrease the price.

Expense Ratio: The ETF's management fee, or expense ratio, subtly affects the price by reducing returns over time. A higher expense ratio results in slightly lower overall performance.

Trading Volume & Liquidity: Higher trading volume usually leads to tighter bid-ask spreads, reflecting a fair price. Lower liquidity can result in wider spreads and potentially less favorable execution prices.

Market Sentiment: Broad market sentiment, reflecting fear or greed, significantly influences PSQ.MX. Fear drives investment into inverse ETFs like PSQ.MX as a hedge, increasing its price.

Rebalancing Costs: PSQ.MX incurs costs when rebalancing its portfolio to maintain its inverse relationship with the S&P 500. These costs impact the ETF's overall return and price.

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