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TQSAX

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Analysis and statistics

  • Open
    23.6986$
  • Previous Close
    23.6986$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

TQSAX.US represents the T. Rowe Price QM U.S. Small-Cap Growth Equity Fund. It is a mutual fund offered by T. Rowe Price that seeks long-term growth of capital by investing primarily in a diversified portfolio of small-capitalization U.S. companies that the fund manager believes have above-average growth potential. The fund employs a quantitative management approach, using computer models to identify and select securities based on factors such as earnings growth, profitability, and valuation. Performance data, fees, and other important information about this fund can be found on the T. Rowe Price website or in the fund's prospectus.
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Factors

Underlying Stock Performance: TQSAX's price is largely driven by the performance of the S&P 500. A rising S&P 500 generally leads to a higher TQSAX price, and vice versa.

Leverage: As a leveraged fund, TQSAX amplifies the daily returns of the S&P 500, affecting its price more dramatically than a non-leveraged index fund.

Interest Rates and Borrowing Costs: TQSAX uses borrowed funds to achieve its leverage. Changes in interest rates can impact the cost of borrowing, affecting its profitability and thus its price.

Market Sentiment: Overall investor confidence and risk appetite influence demand for leveraged ETFs like TQSAX, impacting its price.

Expense Ratio and Management Fees: The fees charged by the fund's managers reduce returns and can indirectly affect the fund's price over time.

Trading Volume and Liquidity: Higher trading volume typically indicates greater investor interest and easier price discovery. Lower liquidity can lead to wider bid-ask spreads and potential price volatility.

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