NVDX 📈 T-Rex 2X Long NVIDIA Daily - Overview
Exchange: BATS • Country: USA • Currency: USD • Type: Etf • • Trading--Leveraged Equity
NVDX: NVIDIA, Swap Agreements, Global Financial Institutions
The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to NVDA equal to at least 80% of its net assets. The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in NVDA that is equal, on a daily basis, to 200% of the value of the fund's net assets. The fund is non-diversified.
Additional Sources for NVDX ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NVDX ETF Overview
| Market Cap in USD | 789m |
| Category | Trading--Leveraged Equity |
| TER | 1.05% |
| IPO / Inception | 2023-10-18 |
NVDX ETF Ratings
| Growth 5y | 74.5% |
| Fundamental | - |
| Dividend | - |
| Rel. Strength Industry | 1434 |
| Analysts | - |
| Fair Price Momentum | 15.87 USD |
| Fair Price DCF | - |
NVDX Dividends
No Dividends PaidNVDX Growth Ratios
| Growth Correlation 3m | 24.9% |
| Growth Correlation 12m | 83.3% |
| Growth Correlation 5y | 89.6% |
| CAGR 5y | 391.96% |
| CAGR/Mean DD 5y | 27.98 |
| Sharpe Ratio 12m | 2.03 |
| Alpha | 280.48 |
| Beta | 5.61 |
| Volatility | 92.41% |
| Current Volume | 12739.8k |
| Average Volume 20d | 10159.8k |
What is the price of NVDX stocks?
As of December 22, 2024, the stock is trading at USD 16.31 with a total of 12,739,820 shares traded.
Over the past week, the price has changed by +0.46%, over one month by -16.68%, over three months by +25.42% and over the past year by +420.93%.
As of December 22, 2024, the stock is trading at USD 16.31 with a total of 12,739,820 shares traded.
Over the past week, the price has changed by +0.46%, over one month by -16.68%, over three months by +25.42% and over the past year by +420.93%.
Is T-Rex 2X Long NVIDIA Daily a good stock to buy?
Yes. Based on ValueRay Analyses, T-Rex 2X Long NVIDIA Daily (BATS:NVDX) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 74.46 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NVDX as of December 2024 is 15.87. This means that NVDX is currently overvalued and has a potential downside of -2.7%.
Yes. Based on ValueRay Analyses, T-Rex 2X Long NVIDIA Daily (BATS:NVDX) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 74.46 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NVDX as of December 2024 is 15.87. This means that NVDX is currently overvalued and has a potential downside of -2.7%.
Is NVDX a buy, sell or hold?
T-Rex 2X Long NVIDIA Daily has no consensus analysts rating.
T-Rex 2X Long NVIDIA Daily has no consensus analysts rating.
What are the forecast for NVDX stock price target?
According to ValueRays Forecast Model, NVDX T-Rex 2X Long NVIDIA Daily will be worth about 19 in December 2025. The stock is currently trading at 16.31. This means that the stock has a potential upside of +16.74%.
According to ValueRays Forecast Model, NVDX T-Rex 2X Long NVIDIA Daily will be worth about 19 in December 2025. The stock is currently trading at 16.31. This means that the stock has a potential upside of +16.74%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 19 | 16.7% |