(SHNY) Microsectors Gold 3x - Ratings and Ratios
Leveraged, Daily, Notes
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 44.0% |
| Value at Risk 5%th | 72.6% |
| Relative Tail Risk | 0.33% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.02 |
| Alpha | 184.89 |
| CAGR/Max DD | 2.18 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.373 |
| Beta | 0.111 |
| Beta Downside | -0.296 |
| Drawdowns 3y | |
|---|---|
| Max DD | 37.84% |
| Mean DD | 12.46% |
| Median DD | 12.92% |
Description: SHNY Microsectors Gold 3x October 19, 2025
The Microsectors Gold 3x Leveraged ETN (NYSE ARCA: SHNY) seeks to deliver three times the daily return of its underlying gold-linked ETF, resetting its exposure each trading day. Because of the daily reset, performance can diverge significantly from three-times the long-term gold price path, making the product unsuitable for “buy-and-hold” investors and more appropriate for short-term, directional traders who can monitor it closely.
Key metrics to watch: the ETN’s expense ratio is approximately 0.95% annual, and its effective beta to spot gold typically ranges between 2.8 and 3.2 on a daily basis, reflecting slight tracking error. Recent drivers of gold prices include real-interest-rate differentials (U.S. Treasury yields vs. inflation expectations), geopolitical risk premiums, and central-bank balance-sheet dynamics; a 10-basis-point rise in the 10-year Treasury yield has historically depressed gold by roughly 0.4% in the same day. Additionally, the ETN’s liquidity is modest, with average daily volume often below 5 k contracts, which can amplify slippage on larger trades.
For a deeper quantitative dive-including back-tested decay scenarios and volatility-adjusted risk metrics-consult the ValueRay platform, where you can benchmark SHNY against alternative leveraged commodity structures.
What is the price of SHNY shares?
Over the past week, the price has changed by +6.67%, over one month by +5.30%, over three months by +49.30% and over the past year by +194.95%.
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 | 189.7 | 43.2% |
SHNY Fundamental Data Overview December 05, 2025
Beta = 0.0
Revenue TTM = 0.0 USD
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 = 124.8m USD (124.8m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 124.8m)
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 124.8m / 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 = 6.42% (E(124.8m)/V(124.8m) * Re(6.42%) + (debt-free company))
Discount Rate = 6.42% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for SHNY ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle