(SHNY) Microsectors Gold 3x - Overview
Etf: Leveraged, Daily, Gold, ETF, Tracking
| Risk 5d forecast | |
|---|---|
| Volatility | 151% |
| Relative Tail Risk | -0.20% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.10 |
| Alpha | 260.86 |
| Character TTM | |
|---|---|
| Beta | 0.089 |
| Beta Downside | -0.673 |
| Drawdowns 3y | |
|---|---|
| Max DD | 39.01% |
| CAGR/Max DD | 2.59 |
Description: SHNY Microsectors Gold 3x December 22, 2025
Microsectors Gold 3x Leveraged ETN (NYSE ARCA: SHNY) is structured to deliver three times the daily return of its underlying gold-focused ETF, resetting each trading day. Because of the daily reset, the product’s performance diverges from a simple 3× multiple over longer horizons, making it unsuitable for “buy-and-hold” investors and markedly riskier than traditional, non-leveraged securities.
Key quantitative points to watch: the ETN’s 30-day implied volatility typically exceeds 40 %, reflecting gold’s price swings; its expense ratio is around 0.85 % annually, higher than plain-vanilla gold ETFs; and the daily tracking error can widen during periods of extreme market stress (e.g., when real U.S. interest rates shift sharply). Primary drivers of the underlying gold exposure include real interest-rate movements, U.S. dollar strength, and geopolitical risk premiums, all of which can amplify leveraged returns-and losses-on a day-to-day basis.
For a deeper quantitative breakdown of SHNY’s risk-adjusted performance, you might explore the ValueRay platform.
What is the price of SHNY shares?
Over the past week, the price has changed by +27.31%, over one month by +29.91%, over three months by +62.44% and over the past year by +251.01%.
Is SHNY a buy, sell or hold?
What are the forecasts/targets for the SHNY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 252.9 | 31.1% |
SHNY Fundamental Data Overview February 09, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 179.5m USD (179.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 179.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 179.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.24% (E(179.5m)/V(179.5m) * Re(6.24%) + (debt-free company))
Discount Rate = 6.24% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)