The Math Shows OOTO Can Go To $23
January 03, 2022 at 09:12 AM EST
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Daily Travel & Vacation Bull 2X Shares ETF (OOTO), we found that the implied analyst target price for the ETF based upon its underlying holdings is $22.70 per unit.