Historical Compounding Return

CZNW Nasdaq 7xShortSG260401

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This DLC is at a low value. As the value of a DLC gets smaller, the minimum bid/ask spread will become larger in percentage, which increases the trading costs for investors. In the case where the theoretical bid is below SGD 0.001, the issuer will not be able to provide both bid and offer. Please refer to here for more detail.

If you want to express the same view on this Underlying Asset using a DLC at a higher price which provides the same theoretical percentage movement with better sensitivity, you may consider NCTW
Last Price
0.017
0 (0.00%)
Bid
0.017
Ask
0.018
  • Open
    0.017
  • High
    0.017
  • Low
    0.014
  • Last Intrinsic Close
    0.016
  • Traded Value
    -
  • Volume
    -
Underlying Price
  • NDX
  • 21,571.09
  • +145.863 (+0.68%)
Previous Day Close
21,425.23
Traded Value
-
Last Update: 06/12/2024 (Eastern Standard Time)
NDX Performance
CZNW vs NDX Cumulative Return
From to
  • CZNW (Left axis)
    -
  • NDX (Right axis)
    -
  • No. of Trading Days
    -
Description: DLC leverage is fixed on a daily basis. Performances are compounded if DLC is held for longer than a day. This tool aims to demonstrate the impact of this compounding effect.

In the chart above, the left-axis represents DLC cumulative performance while the right-axis represents Underlying Asset cumulative performance. The left-axis is meant to be the right-axis multiplied by the times of leverage of the corresponding product.