DB Crude Oil Short ETN
DB Crude Oil Short ETN (SZOXF) Stock Overview
Explore DB Crude Oil Short ETN’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
26.9K
P/E Ratio
N/A
EPS (TTM)
N/A
ROE
0.00%
SZOXF Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of DB Crude Oil Short ETN (SZOXF) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of F, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $5.30.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of N/A and a market capitalization of 26.9K. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
This ETN was delisted on April 11, 2019, and now trades over-the-counter on the pink sheets. As a result, shareholders should anticipate ultra-wide spreads, minimal trading volumes, and prices well above or below NAVs. SZO is, like most leveraged and inverse products, designed to provide -1x exposure to its index only with its monthly reset period. Investors holding it beyond the next monthly reset date will be subject to the effects of compoundinga dynamic that can cause the note`s performance to drift from its promised -1x exposure. The note`s index tracks a single futures contract on light sweet crude oil determined to be least influenced by contango. The index measures the changes in price of the oil futures contract, the returns from rolling those contracts over, and the cost of borrowing (collateral) as measured by the 3-month Treasury bill. Although its 75 bp fee is entirely reasonable compared with other inverse products, trading costs are of greater importance, since SZO is designed for round-trip intraday trading. To that end, the market for SZO is both shallow and wide, with very little trading volume, at too-wide spreads. Investors interested in inverse oil ETPs will find better liquidity in DNO or DTO.
2008