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UGLD Direxion Daily Gold Bull 2X ETF Forecast, Technical & Fundamental Analysis

The investment seeks daily leveraged investment results and is very different from other exchange-traded funds... Show more

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

General Information

Category Trading

Profile
Details
Category
Trading--Leveraged Equity
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/
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UGLD and ETFs

Correlation & Price change

A.I.dvisor tells us that UGLD and SOXL have been poorly correlated (+3% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that UGLD and SOXL's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To UGLD
1D Price
Change %
UGLD100%
+3.54%
SOXL - UGLD
3%
Poorly correlated
+10.44%
SSO - UGLD
1%
Poorly correlated
+2.24%
QLD - UGLD
1%
Poorly correlated
+3.43%
TQQQ - UGLD
1%
Poorly correlated
+5.08%
SPXL - UGLD
1%
Poorly correlated
+3.38%
More
Direxion Daily Gold Bull 2X ETF (UGLD) ETF Forecast, Price Targets and Analysts Predictions - Tickeron.com