Is ETFMG 2X Daily Inverse stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, ETFMG 2X Daily Inverse pays dividends. Last time was Thursday 30th of December 2021 where the investors holding the stock on Tuesday 28th of December 2021 were paid $0.882 per share. Over the last 1 times between 2021 and 2021, ETFMG 2X Daily Inverse has paid $0.882 with an average of $0.88 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for ETFMG 2X Daily Inverse 10 years ago, but if you had invested on Tuesday 5th of October 2021 when the price was $10.00, you would have made a profit of $5.33 per share or 53.35%
We do not have enough data to give you this answer.
ETFMG 2X Daily Inverse has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for ETFMG 2X Daily Inverse to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.