MA -2x Corn Futures ETN logo

MA -2x Corn Futures ETN (520047)

Market Closed
10 Aug, 06:30
KRX SM KRX SM
32,470. 00
-150
-0.4598%
- Market Cap
- Div Yield
14 Volume
32,620
Previous Close
Add Transaction
Day Range
32,445 32,470
Year Range
28,350 41,510
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Summary

520047 closed yesterday lower at ₩32,470, a decrease of -0.4598% from Friday's close, completing a monthly decrease of -19.0375% or -₩7,635. Over the past 12 months, 520047 stock gained 4.996%.
520047 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

520047 Chart

MA -2x Corn Futures ETN (520047) FAQ

What is the stock price today?

The current price is ₩32,470.00.

On which exchange is it traded?

MA -2x Corn Futures ETN is listed on KRX SM.

What is its stock symbol?

The ticker symbol is 520047.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has MA -2x Corn Futures ETN ever had a stock split?

No, there has never been a stock split.

MA -2x Corn Futures ETN Profile

KRX SM Exchange
South Korea Country

Overview

The MA -2x Corn Futures ETN is a unique financial instrument tailored to offer investors the ability to engage with the commodities market, specifically targeting the corn futures market, in an unconventional manner. This exchange-traded note is engineered to deliver twice the inverse of the daily performance observed in the corn futures market. It caters to a diversified audience, including speculative traders, hedge funds, and institutional investors seeking to leverage or hedge against the price movements of corn. By doing so, it plays a pivotal role in the broader financial ecosystem, affecting decisions in agriculture, food processing, and commodities trading. Its influence extends beyond the confines of traditional investment avenues, offering a sophisticated tool for those aiming to capitalize on or hedge against the volatility in corn prices.

Products and Services

  • Leveraged Inverse Performance
  • This is the core offering of the MA -2x Corn Futures ETN. It is specifically designed to provide investors with twice the opposite return of the corn futures market's daily performance. This product is notably attractive for investors looking for potential profits from downward movements in corn prices. By employing a leveraged inverse strategy, this ETN allows for aggressive positioning against the agricultural commodity's price fluctuations, offering a high-risk but high-reward investment avenue.

  • Speculative Trading Tool
  • The ETN serves as an essential speculative trading instrument, enabling traders to place bets on the future decline of corn prices. Through its leveraged inverse structure, it amplifies the potential gains (or losses) tied to daily price movements, making it an appealing option for traders seeking to exploit short-term market volatilities within the agricultural sector. Its utility extends to those looking to diversify trading strategies or integrate a commodities component into their portfolios.

  • Risk Management and Hedging
  • Beyond speculation, the MA -2x Corn Futures ETN offers significant value in risk management and hedging strategies. Producers and consumers of corn, along with investors holding agricultural commodities in their portfolios, can use this instrument to protect against adverse price movements in the corn market. By providing a counterbalance to potential losses in corn-related investments, it acts as an insurance mechanism, thereby aiding in the stabilization of financial performance amidst market uncertainties.

Contact Information

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