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CARU
ETF ticker: NYSE ARCA
AS OF
May 9 closing price
Price
$23.47
Change
+$2.42 (+11.50%)
Net Assets
3.15M

CARU Max Auto Industry 3X Leveraged ETN Forecast, Technical & Fundamental Analysis

The investment seeks return on the notes is linked to a three times leveraged participation in the daily performance of the Prime Auto Industry Index... Show more

Category: #Trading
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
United States
Phone
N/A
Web
N/A
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CARU and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, CARU has been closely correlated with SSO. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if CARU jumps, then SSO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CARU
1D Price
Change %
CARU100%
+11.48%
SSO - CARU
72%
Closely correlated
-0.28%
QLD - CARU
70%
Closely correlated
-0.17%
TQQQ - CARU
70%
Closely correlated
-0.24%
TSLL - CARU
65%
Loosely correlated
+9.35%
SOXL - CARU
63%
Loosely correlated
+3.29%
More