FNGD stock forecast, quote, news & analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Tesla (NASDAQ:TSLA), Netflix (NASDAQ:NFLX), Alibaba Group Holding Limited (NYSE:BABA), Twitter (NYSE:TWTR), Baidu (NASDAQ:BIDU).

The investment seeks return linked to a three times inverse leveraged participation in the daily performance of the NYSE Fang+™ Index, total return (the “index”). The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.

The average market capitalization across the MicroSectors™ FANG+™ -3X Invrs Lvrgd ETN ETF is 1.42T. The market cap for tickers in the group ranges from 36.81B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is BIDU at 36.81B.

The average weekly price growth across all stocks in the MicroSectors™ FANG+™ -3X Invrs Lvrgd ETN ETF was 10%. For the same ETF, the average monthly price growth was 65%, and the average quarterly price growth was 97%. TSLA experienced the highest price growth at 9%, while AMZN experienced the biggest fall at -6%.

The average weekly volume growth across all stocks in the MicroSectors™ FANG+™ -3X Invrs Lvrgd ETN ETF was 40%. For the same stocks of the ETF, the average monthly volume growth was 69% and the average quarterly volume growth was 5%