SSgA Leveraged WTI Crude Oil Futures ETN 31 logo

SSgA Leveraged WTI Crude Oil Futures ETN 31 (530031)

Market Closed
11 Aug, 06:30
KRX SM KRX SM
2,395. 00
+265
+12.4413%
- Market Cap
- Div Yield
953,991 Volume
2,130
Previous Close
Add Transaction
Day Range
2,330 2,395
Year Range
1,032 4,495
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Summary

530031 closed today higher at ₩2,395, an increase of 12.4413% from yesterday's close, completing a monthly increase of 24.2865% or ₩468. Over the past 12 months, 530031 stock gained 120.3312%.
530031 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

530031 Chart

SSgA Leveraged WTI Crude Oil Futures ETN 31 (530031) FAQ

What is the stock price today?

The current price is ₩2,395.00.

On which exchange is it traded?

SSgA Leveraged WTI Crude Oil Futures ETN 31 is listed on KRX SM.

What is its stock symbol?

The ticker symbol is 530031.

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 SSgA Leveraged WTI Crude Oil Futures ETN 31 ever had a stock split?

No, there has never been a stock split.

SSgA Leveraged WTI Crude Oil Futures ETN 31 Profile

KRX SM Exchange
South Korea Country

Overview

The SSgA Leveraged WTI Crude Oil Futures ETN 31 is an innovative financial instrument designed to offer investors leveraged exposure to the futures market for West Texas Intermediate (WTI) crude oil. This exchange-traded note (ETN) aims to cater to the needs of investors who are looking to take advantage of the volatility and short-term price fluctuations in the oil market. It employs leveraged investment strategies to potentially multiply the performance based on daily movements in WTI crude oil futures prices. This ETN serves as a crucial tool for traders and investors who are involved in sophisticated strategies within the commodities market, especially those interested in hedging against or speculating on the price changes of crude oil. It highlights the intricate interplay between geopolitical developments, decisions made by oil-exporting nations, and shifts in global energy consumption patterns, all of which significantly impact the broader economic trends within the energy markets.

Products and Services

  • Leveraged Exposure to WTI Crude Oil Futures:

    This product offers investors a way to gain leveraged exposure to the futures market of WTI crude oil. By utilizing leveraged investment strategies, the ETN seeks to deliver multiplied performance based on the daily price movements of WTI crude oil futures. This allows investors to potentially achieve higher returns compared to investing directly in physical oil, although it also increases the associated risks. It is particularly well-suited for investors looking to capitalize on volatility and short-term price fluctuations in the oil market.

  • Hedging and Speculation in the Oil Market:

    The SSgA Leveraged WTI Crude Oil Futures ETN 31 is designed for traders engaging in sophisticated strategies within the commodities market. It provides these traders with a mechanism to hedge against or speculate on the changes in crude oil prices. This product is of significant importance for investors seeking to navigate the complex dynamics of oil supply and demand, and for those looking to protect their portfolios from or take advantage of shifts in oil prices. The ETN's emphasis on leveraging futures contracts offers a strategic avenue for enhanced returns, highlighting its pivotal role in market operations related to crude oil.

Contact Information

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