What does HOD mean in TORONTO STOCK EXCHANGE
Horizons BetaPro NYMEX Crude Oil Bear Plus Exchange Traded Fund (HOD) is an exchange traded fund (ETF) designed to track the opposite performance of the daily percent change of the crude oil futures contract. HOD provides investors with an effective strategy to hedge against downside movements in crude oil prices, or as a potential way of profiting in bearish markets.
HOD meaning in Toronto Stock Exchange in Business
HOD mostly used in an acronym Toronto Stock Exchange in Category Business that means Horizons BetaPro NYMEX Crude Oil Bear Plus Exchange Traded Fund
Shorthand: HOD,
Full Form: Horizons BetaPro NYMEX Crude Oil Bear Plus Exchange Traded Fund
For more information of "Horizons BetaPro NYMEX Crude Oil Bear Plus Exchange Traded Fund", see the section below.
Essential Questions and Answers on Horizons BetaPro NYMEX Crude Oil Bear Plus Exchange Traded Fund in "BUSINESS»TSX"
What is Horizons BetaPro NYMEX Crude Oil Bear Plus Exchange Traded Fund (HOD)?
Horizons BetaPro NYMEX Crude Oil Bear Plus Exchange Traded Fund (HOD) is an exchange traded fund (ETF) which seeks to track the opposite performance of the daily percent change of the crude oil futures contract.
What type of investment strategy does HOD provide?
HOD provides investors with an effective strategy to hedge against downside movements in crude oil prices, or as a potential way of profiting in bearish markets.
How does HOD track the movement in crude oil prices?
HOD tracks changes in crude oil prices through tracking the opposite performance of the daily percent change of the crude oil futures contract.
What risks are associated with investing in HOD?
As with all investments, there are certain risks associated with investing in HOD including volatility and liquidity risk.
Who should consider investing in HOD?
Investors who want to speculate on market downturns might consider investing in HOD. It is important that these investors understand that this type of investment carries additional risks and consult financial advisors before making any decisions.
Final Words:
HOD provides investors with another viable option when seeking ways to take advantage of bearish markets while hedging their exposure to large price swings within the energy sector. Although there are inherent risks associated with this type of investment, it can be used strategically by experienced traders looking for a hedge against sudden changes or downturns within energy commodities.
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