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UDN Invesco DB US Dollar Bearish Forecast, Technical & Fundamental Analysis

Category Trading
UDN
Daily Signalchanged days ago
Gain/Loss if shorted
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UDN
Daily Signalchanged days ago
Gain/Loss if shorted
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Miscellaneous
Address
INVESCO DB US DOLLAR INDEX BEARISH FUND3500 LACEY ROAD
Phone
800-983-0903
Web
N/A
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UDN and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, UDN has been closely correlated with IGOV. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if UDN jumps, then IGOV could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To UDN
1D Price
Change %
UDN100%
-0.39%
IGOV - UDN
83%
Closely correlated
-0.23%
BWX - UDN
81%
Closely correlated
-0.09%
WIP - UDN
72%
Closely correlated
-0.19%
YCL - UDN
68%
Closely correlated
+1.15%
ULE - UDN
27%
Poorly correlated
-0.88%
More