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TMV

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1m

Analysis and statistics

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About

TMV.F refers to the BetaPro S&P 500 2x Daily Bear ETF, traded on the NEO Exchange. It is a Canadian-listed exchange-traded fund (ETF) that aims to deliver twice the inverse (opposite) of the daily performance of the S&P 500 Index. Essentially, it is designed to profit when the S&P 500 goes down.
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Factors

Global Interest Rates: Increased interest rates often lead to lower TMV.F prices as bond yields rise and investors favor less leveraged assets.

US Treasury Bond Yields: TMV.F is a leveraged inverse ETF; rising yields negatively impact its value, causing a price decrease.

Market Sentiment: Bearish sentiment toward US treasury bonds increases demand for TMV.F, pushing its price higher.

Leverage Ratio: TMV.F's 3x leverage amplifies price movements based on underlying bond market fluctuations.

ETF Management Fees: Higher fees associated with managing the ETF can slightly lower its overall price.

Economic Data Releases: Strong economic data tends to increase yields, decreasing the price of TMV.F, while weak data has the opposite effect.

Inflation Expectations: Rising inflation expectations lead to higher bond yields and a lower TMV.F price.

Geopolitical Events: Uncertainty can cause investors to move to safe-haven assets, influencing bond yields and TMV.F's price.

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