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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HROZF | HZOZF

HOU¿s investment objective is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.


TSX:HOU - Post by User

Post by FinalEpiphanyon Dec 24, 2008 5:08am
579 Views
Post# 15665471

Tgarfield, question

Tgarfield, questionYou seem to be one of the few people on this forum who actually seems to know what you are talking about on HOU.

My question for you is that HOU traded at $2.58 two days ago and oil price back then was $42.36. However, today oil price finished at $38.98 and HOU finished trading at $2.10.

According to my calculations, HOU should be trading at around $2.16 instead of what is at right now.

What does your calculation say?

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