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USLV Direxion Daily Silver Bull 2X ETF (USLV) 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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USLV and ETFs

Correlation & Price change

A.I.dvisor tells us that USLV and GDXU have been poorly correlated (+21% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that USLV and GDXU's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To USLV
1D Price
Change %
USLV100%
-0.93%
GDXU - USLV
21%
Poorly correlated
-3.70%
AGQ - USLV
14%
Poorly correlated
-0.92%
UGL - USLV
13%
Poorly correlated
-1.47%
SOXL - USLV
13%
Poorly correlated
+14.77%
QLD - USLV
12%
Poorly correlated
+5.79%
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