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

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.

» Business » Toronto Stock Exchange

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.

HOD also stands for:

All stands for HOD

Citation

Use the citation below to add this abbreviation to your bibliography:

Style: MLA Chicago APA

  • "HOD" www.englishdbs.com. 19 Sep, 2024. <https://www.englishdbs.com/abbreviation/367801>.
  • www.englishdbs.com. "HOD" Accessed 19 Sep, 2024. https://www.englishdbs.com/abbreviation/367801.
  • "HOD" (n.d.). www.englishdbs.com. Retrieved 19 Sep, 2024, from https://www.englishdbs.com/abbreviation/367801.
  • New

    Latest abbreviations

    »
    READ
    Rural Education and Action Development
    INTS
    Invasive Non Typhoidal Salmonellosis
    MMIP
    Murdered and Missing Indigenous People
    ILOK
    Immigration Law Office of Kweku
    ARAW
    A Roll A Week