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Bullboard - Stock Discussion Forum BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs 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 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains... see more

TSX:HNU - Post Discussion

BetaPro Natural Gas Leveraged Daily Bull ETF > ~3 year performance from $9.73 to $1.01????
View:
Post by PabloLafortune on May 15, 2023 1:27pm

~3 year performance from $9.73 to $1.01????

So I'm looking at this thing and the price was $9.73 ~3 years ago (June 1) and now its basically $1.01 (after the 15:1 split on February 17). Is that right? 

in comparison  UNG (which is not leveraged) was $10.26 ~ 3 years ago and is now $6.86. 

Is that even possible???

Help.
Comment by CrazyTrader on May 16, 2023 8:17am
3 year chart shows HNU ~$216.    factor in 2 consolidation  1:5 and 1:15...   that's a factor of 75x . So $216/75 = $2.88   3 years ago backing out consolidation Todays share price backing out 3 year consolidations   $15.47/75 = ~$0.206 or 21 cents. I think that a better/more proper calculation. All just my opinion/view/thinking/guessing ...more  
Comment by CrazyTrader on May 16, 2023 8:19am
But why do all the calculation.... just look at the chart the way it is.   3 years ago HNU ~$216, now it $15.47.    Go look at the 10 year chart !!!
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