Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for SSM Investments 2X Gold Futures ETN H 56 (530056:KRX), powered by AI.
SSM Investments 2X Gold Futures ETN H 56 is currently trading at ₩1,785. View real-time AI analysis on Alpha Lenz.
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SSM Investments 2X Gold Futures ETN H 56 is an Exchange-Traded Note that specializes in providing exposure to the gold market through leveraged investments in gold futures. Primarily geared towards sophisticated investors looking to capitalize on short-term gold price movements, this ETN offers twice the daily performance of standard gold futures indices, reflected in its 2X leverage feature. This means that for every percentage change in the underlying gold futures index, the ETN's value is intended to move twice as much, reflecting amplified gains or losses. This instrument is particularly relevant to sectors and industries sensitive to gold price fluctuations, such as jewelry, mining, and financial services. While the ETN is not a direct holding in physical gold, it plays a significant role in financial markets by allowing strategic positioning and hedging against gold market volatility. SSM Investments 2X Gold Futures ETN provides a high-risk, tactical trading vehicle for investors seeking to take advantage of the dynamic nature of gold prices, while also enabling selective participation in the broader commodities market.
SSM Investments 2X Gold Futures ETN H 56 (ticker: 530056) is a company listed on KRX in the Common Stock sector (Common Stock).
The current price is ₩1,785 with a P/E ratio of -x and P/B of -x.