What it is?

This service calculates the price changes between over 2,000 leveraged ETPs (including ETFs and ETNs) and their underlying stocks on your behalf. The multiples of leverage are 3x, 2x, and 1.5x, and it includes both long and short positions. You can easily check the price table

How is it calculated?

First, We calculated the average daily growth rate over the last three years for the underlying stock corresponding to each ETP. Then, we fetch the current stock price in real-time and calculate the number of days it would take to reach the target price, assuming the current price will reach the target. We calculate the price change of the ETP assuming the stock price increases or decreases at a constant rate each day during that period. See below formular

\[ \text{Target ETP Price(future)} = \text{Target ETP Price(current)} \times \left(1 \pm \text{avgDailyGrowthRate} \times \text{leverage}\right)^{\frac{\log_{10}\left(\frac{\text{Underlying Asset Price(future)}}{\text{Underlying Asset Price(current)}}\right)}{\log_{10}\left(1\pm\text{avgDailyGrowthRate}\right)}} \]

Disclaimer

1. This price table assumes a constant daily increase or decrease, so the actual price may differ. 2. This price table does not take into account fees or other additional costs. 3. Since the price changes in real-time, it is necessary to check regularly. 4. There may be real-time price differences due to the time difference between the underlying stock market (e.g., the United States) and the ETP market (e.g., the United Kingdom).