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RMAX

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1d
1w
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Analysis and statistics

  • Open
    17.0305$
  • Previous Close
    17.1709$
  • 52 Week Change
    --
  • Day Range
    -0.14$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

RMAX.TO is the Horizons US Maximum Equity Index ETF. It is a Canadian-listed exchange-traded fund that seeks to replicate, to the extent possible, the performance of the Solactive US Equity Index CAD (Excess Return), net of expenses. The ETF primarily invests in the equity securities of large-capitalization U.S. companies. It is designed for investors seeking exposure to the U.S. equity market within a Canadian dollar investment vehicle.
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Factors

The answer must have at least 3 sections. Market Sentiment: Broad market trends and investor confidence influence demand for RMAX.TO, a Canadian leveraged ETF tracking the S&P/TSX 60. Positive sentiment raises prices, while negative sentiment lowers them. Leverage Factor: RMAX.TO is leveraged, aiming for twice the daily performance of the S&P/TSX 60. This amplifies both gains and losses. If the S&P/TSX 60 rises, RMAX.TO should rise by roughly double, and vice versa, greatly impacting its price. S&P/TSX 60 Performance: As a tracking ETF, RMAX.TO's price is directly tied to the underlying S&P/TSX 60 index. Changes in the index's value are magnified by the leverage factor, significantly affecting RMAX.TO's price.

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