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UMNOX

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1d
1w
1m

Analysis and statistics

  • Open
    9.6187$
  • Previous Close
    9.6187$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

UMNOX.US refers to the Ultrapro Short Nasdaq 100 Fund. This is an exchange-traded fund (ETF) designed to provide inverse leveraged exposure to the Nasdaq 100 Index. In other words, it aims to deliver three times the inverse (opposite) of the daily performance of the Nasdaq 100.
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Factors

Fund Performance: Strong historical returns attract investors, increasing demand and price.

Market Conditions: Overall market uptrends boost fund asset values, while downturns decrease them.

Interest Rates: Rising rates can make bond funds like UMNOX less attractive, lowering their price.

Fund Expenses: Higher expense ratios can negatively impact returns and investor sentiment, potentially decreasing price.

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