(BX4) CAC 40 Daily Double Short - Overview
Etf: Inverse, Leveraged, Equity, France
| Risk 5d forecast | |
|---|---|
| Volatility | 22.7% |
| Relative Tail Risk | -4.03% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.38 |
| Alpha | -12.27 |
| Character TTM | |
|---|---|
| Beta | -0.329 |
| Beta Downside | -0.508 |
| Drawdowns 3y | |
|---|---|
| Max DD | 38.18% |
| CAGR/Max DD | -0.30 |
Description: BX4 CAC 40 Daily Double Short January 02, 2026
The Lyxor UCITS CAC 40 Daily Double Short (ticker BX4) is a France-domiciled exchange-traded fund that provides -2× leveraged inverse exposure to the CAC 40 index on a daily reset basis.
Key characteristics: it targets short-term traders seeking to profit from declines in French large-cap equities, carries a relatively high expense ratio (≈0.85% p.a.), and its performance can diverge significantly from the index over longer horizons due to compounding effects.
Economic drivers that tend to move this product include French GDP growth, Eurozone monetary policy shifts, and sector-specific trends in banking and industrials, which together account for roughly 60 % of the CAC 40’s weight.
Because of its daily rebalancing, volatility spikes-such as those triggered by unexpected French election outcomes or ECB rate announcements-can amplify returns (both positive and negative) in a matter of days.
For a deeper dive into the fund’s historical tracking error and scenario analysis, you might explore the analytics on ValueRay to see how similar leveraged inverse ETFs have behaved in past market stress periods.
What is the price of BX4 shares?
Over the past week, the price has changed by -3.38%, over one month by -0.63%, over three months by -6.99% and over the past year by -12.44%.
Is BX4 a buy, sell or hold?
What are the forecasts/targets for the BX4 price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 0.6 | -10.8% |
BX4 Fundamental Data Overview February 03, 2026
Revenue TTM = 0.0 EUR
EBIT TTM = 0.0 EUR
EBITDA TTM = 0.0 EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 216.1m EUR (216.1m + (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 216.1m)
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 216.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 25.00%))
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 = 4.70% (E(216.1m)/V(216.1m) * Re(4.70%) + (debt-free company))
Discount Rate = 4.70% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)