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SLVO

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1d
1w
1m

Analysis and statistics

  • Open
    83.8283$
  • Previous Close
    83.57$
  • 52 Week Change
    --
  • Day Range
    0.26$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

SLVO.US refers to the Credit Suisse AG – VelocityShares Daily 2x Silver ETN. This Exchange Traded Note (ETN) is designed to track two times the daily performance of the silver market, providing leveraged exposure to silver prices. Investors should be aware that due to the leveraged nature of the product and daily reset, its long-term performance can significantly deviate from two times the underlying silver price, especially in volatile markets.
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Factors

Silver Prices: SLVO's primary holding is silver; therefore, silver price fluctuations directly impact SLVO's value. Higher silver prices generally increase SLVO's price.

Expense Ratio: SLVO has an expense ratio; higher expense ratios can slightly reduce returns and thus the ETF's price relative to silver itself.

Supply and Demand: Market demand for SLVO shares affects its price. High demand pushes the price up, while increased selling pressure causes it to fall.

Interest Rates: Rising interest rates may make holding precious metals less appealing, potentially impacting SLVO negatively.

Inflation: Concerns about rising inflation often drive investors toward silver as a hedge, which can increase demand for SLVO.

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