The fund is an actively managed exchange traded fund ("ETF") that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. The fund manager has adopted a policy to have at least 80% exposure to financial instruments with economic characteristics that should perform 2X the daily performance of the Underlying Security"s shares. The fund is non-diversified.
Research context
Defiance Daily Target 2x Long LMND ETF appears in PyInvesting’s ETF catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Healthcare
- Industry
- Medical Instruments & Supplies
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
Luminex Corporation is currently in a long term uptrend where the price is trading 23.2% above its 200 day moving average.
From a valuation standpoint, the stock is 99.7% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 3.5.
Luminex Corporation's total revenue rose by 23.1% to $111M since the same quarter in the previous year.
Its net income has dropped by 92.9% to $239K since the same quarter in the previous year.
Finally, its free cash flow grew by 116.9% to $5M since the same quarter in the previous year.
Based on the above factors, Luminex Corporation gets an overall score of 4/5.