Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Shinhan -2x Kospi200 Futures 70 Fund (500070:KRX), powered by AI.
Shinhan -2x Kospi200 Futures 70 Fund is currently trading at ₩978. View real-time AI analysis on Alpha Lenz.
View the latest insider trading data for Shinhan -2x Kospi200 Futures 70 Fund on Alpha Lenz.
View Shinhan -2x Kospi200 Futures 70 Fund's valuation metrics on Alpha Lenz.
The Shinhan -2x Kospi200 Futures 70 Fund is a type of leveraged exchange-traded fund (ETF) specifically designed to provide double inverse exposure to the Kospi200 Index futures. Its primary function is to deliver twice the inverse performance of the Kospi200, which is a major stock market index in Korea covering the 200 largest companies by market capitalization. This makes it particularly appealing for investors seeking to capitalize on anticipated declines in these market-leading stocks. The fund achieves its goal through the use of financial derivatives, notably futures contracts, enabling it to magnify returns as compared to direct inverse index funds. It's a key instrument for traders looking to hedge long positions or speculate on short-term market declines within Korea's equity market. Its strategic use of leverage and futures contracts requires careful market monitoring and is commonly utilized by experienced traders and investors familiar with the risks and dynamics of leveraged investments.
Shinhan -2x Kospi200 Futures 70 Fund (ticker: 500070) is a company listed on KRX in the Common Stock sector (Common Stock).
The current price is ₩978 with a P/E ratio of -x and P/B of -x.