INGOT Brokers Australia | Trade UGAZ.ETF

Trade UGAZ.ETF

VelocityShares 3x Long Natural Gas ETN Currency:
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Last Trade:

Overview

This ETF offers 3x daily leverage to natural gas prices, making UGAZ a powerful tool for expressing a bullish outlook on the energy sector. It should be noted that the daily reset feature combined with the explicit leverage in this ETF make UGAZ inappropriate for investors without the ability or willingness to monitor this position on a regular (daily) basis. Moreover, investors should note that the underlying index won't always move in unison with spot natural gas prices, even over the course of simply a single trading session. For sophisticated investors with a fair amount of tolerance for risk and volatility, this ETF can be a very powerful tool. But UGAZ shouldn't ever be found in a long-term, buy-and-hold portfolio; it's simply too risky, and the nuances of this fund make significant losses possible when held for an extended period of time in volatile markets. UGAZ is a trading instrument, and should be treated as such.

Summary

Earnings Share 00.00
EPS Estimate Next Quarter 00.00
Days Low 00.00
Days High 00.00
Year Low 00.00 (0.00%)
Year High 00.00 (0.00%)
Fifty day Moving Average 00.00 (00.00)
Two Hundred day Moving Average 00.00 (00.00)
Open 00.00
Previous Close 00.00
Volume 00.00
PercentChange 00.00

The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects Finance.yahoo.com current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in ETFs, stock options and similar and assimilated products is characterized by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable