what is tmf stock

by Waino Collier Published 2 years ago Updated 2 years ago

What is a TMF fund?

TMF Fund Description TMF provides 3x daily exposure to a market-value-weighted index of US Treasury Bonds with over 20 years to maturity. TMF Factset Analytics Insight

Is tmf a buy-and-hold ETF?

Direxion Daily 20-Yr Treasury Bull 3x Shrs (TMF) ETF Bio The investment objective of the Direxion Daily 20-Year Treasury Bull 3x Shares ETF seeks daily investment results of 300% of the performance of the ICE U.S. Treasury 20+ Year Bond Index.

Does TMF provide exposure to the market value index?

May 10, 2022 · Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term moving average at $15.62. On a fall, the ETF will find some support from the short-term average at $13.09.

What is the difference between inventory and TMF?

TMF Stock Quote. Volume Open Day's Low Day's High 52 Wk Low 52 Wk High Bid Ask EPS PE Ratio Shares Market Cap Dividend Ex-Div Date Yield. 1 day 5 days 10 days 1 month 3 months 6 months 1 year. » Buy TMF Online Today! , find the best broker here .

Is TMF a good investment?

The fund is generally thought to be a good trading instrument, at best. This is the case because the goal of delivering three times the daily returns of treasury instruments does not mean that TMF will also produce 3x the long-term gains in government bonds.Jan 12, 2022

How does TMF ETF work?

TMF provides daily leveraged (3x) exposure to the ICE U.S. Treasury 20+ Year Bond Index. Using a combination of swaps and futures, TMF gives investors 3x exposure to daily moves in T-bonds with more than 20 years left to maturity.

What does TMF ETF track?

About TMF ETF

The TMF Exchange Traded Fund (ETF) is provided by Direxion . This ETF provides leveraged exposure (3x) to US Investment Grade Fixed-Rate Bonds. It is built to track an index: ICE U.S. Treasury 20+ Year Total Return Index - USD.

Is TMF a Bond?

The Direxion Daily 20+ Year Treasury Bull (TMF) & Bear (TMV) 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the ICE U.S. Treasury 20+ Year Bond Index.
...
One cannot directly invest in an index.

Index Bond Maturities %
20-24	26.04

2 more rows

What is TMF fund?

The TMF is an innovative funding vehicle that gives agencies additional ways to deliver services to the American public more quickly, better secure sensitive systems and data, and use taxpayer dollars more efficiently.

Who is Hedgefundie?

Who Is Hedgefundie? Hedgefundie is was a member of the Bogleheads forum who created a now-famous thread on the forum proposing a 3x leveraged ETF strategy.Apr 1, 2022

What is a 3x fund?

What Does It Mean When an ETF Is Leveraged 3x? An ETF that is leveraged 3x seeks to return three times the return of the index or other benchmark that it tracks. A 3x S&P 500 index ETF, for instance, would return +3% if the S&P rose by 1%. It would also lose 3% if the S&P dropped by 1%.

What is the current 20 year Treasury rate?

3.25%

20 Year Treasury Rate is at 3.25%, compared to 3.31% the previous market day and 2.23% last year. This is lower than the long term average of 4.38%.

What is TBT ETF?

TBT Fund Description

TBT provides 2x inverse exposure, reset daily, to a market-value-weighted index that tracks the performance of US Treasury securities with remaining maturities greater than 20 years.

What is TMF in clinical research?

The Trial Master File refers to a repository of documents that collectively can be used by monitors, auditors, assessors and sponsors to demonstrate that a clinical trial has been conducted in compliance with Good Clinical Practice (GCP) and the approved protocol.

What is a Treasury bull?

What Is a Treasury Bill (T-Bill)? A Treasury Bill (T-Bill) is a short-term U.S. government debt obligation backed by the Treasury Department with a maturity of one year or less. Treasury bills are usually sold in denominations of $1,000.

What is the opposite of the TLT?

TBF – ProShares Short 20+Treasury

This ETF provides the inverse performance of the well-known and popular TLT ETF. The duration of the ETF is 17.4 years, which means that a 1.0% move in interest rates should produce a 17% change in the value of the the ETF.Mar 19, 2012

Component Grades

We have 5 different ratings for every ETF to help you appreciate its future potential. You can unlock it all now.

Direxion Daily 20-Yr Treasury Bull 3x Shrs (TMF) ETF Bio

The investment objective of the Direxion Daily 20-Year Treasury Bull 3x Shares ETF seeks daily investment results of 300% of the performance of the ICE U.S. Treasury 20+ Year Bond Index.

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Signals & Forecast

There are mixed signals in the ETF today. The Direxion Daily 20+ Year Treasury Bull 3X ETF holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal.

Support, Risk & Stop-loss

Direxion Daily 20+ Year Treasury Bull 3X finds support from accumulated volume at $28.77 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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