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Max Auto Industry -3X Inverse Leveraged ETN (CARD)

Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
2.55 USD -0.29 (-10.229%) ⇩ (April 17, 2026, 3:59 p.m. EDT)
After hours: 2.65 +0.11 (4.126%) ⇧ (April 17, 2026, 7:49 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:42 p.m. EDT

CARD (Max Auto Industry -3X Inverse Leveraged ETN) is structurally unsuited for standard investment rating due to its mechanical inverse leverage; the signal of a positive 5.3% short-term forecasted return is technically valid but represents a 'buy the dip' play for a leveraged product rather than a fundamental conviction buy. The recent 35% price decline from the 52-week high and the Ljung-Box p-value confirming strong serial correlation indicate momentum is bearish, making it a speculative risk with no long-term hold value or dividend utility.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.261734
MSTL0.277996
AutoTheta0.323408
AutoARIMA0.371310

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 47%
H-stat 5.68
Ljung-Box p 0.000
Jarque-Bera p 0.212
Excess Kurtosis -1.28
Attribute Value
Trailing P/E 17.51

Info Dump

Attribute Value
All Time High 13.6
All Time Low 2.29
Ask 4.48
Ask Size 1,400
Average Daily Volume10 Day 22,740
Average Daily Volume3 Month 27,400
Average Volume 27,400
Average Volume10Days 22,740
Beta3 Year 0.0
Bid 2.59
Bid Size 2,800
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 2.63
Day Low 2.4802
Dividend Yield 0.0
Earnings Call Timestamp End 1,748,433,600
Earnings Call Timestamp Start 1,748,433,600
Earnings Timestamp End 1,756,470,600
Earnings Timestamp Start 1,756,125,000
Eps Trailing Twelve Months 0.14537865
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.12054
Fifty Day Average Change -0.5755398
Fifty Day Average Change Percent -0.18443598
Fifty Two Week Change Percent -67.906685
Fifty Two Week High 8.18
Fifty Two Week High Change -5.635
Fifty Two Week High Change Percent -0.6888753
Fifty Two Week Low 2.29
Fifty Two Week Low Change 0.2550001
Fifty Two Week Low Change Percent 0.11135376
Fifty Two Week Range 2.29 - 8.18
First Trade Date Milliseconds 1,720,704,600,000
Full Exchange Name NYSEArca
Fund Family Bank of Montreal
Fund Inception Date 1,687,824,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Is Earnings Date Estimate 0
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The index is a net total return index that tracks the stock prices of U.S.-listed companies that have operations relating to the automobile industry, including automobile manufacturing, parts and retail, and new and used car dealers.
Long Name Max Auto Industry -3X Inverse Leveraged ETN
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1846683636
Nav Price 2.5467
Net Assets 2,055,305.0
Net Expense Ratio 0.95
Open 2.62
Post Market Change 0.10500002
Post Market Change Percent 4.125737
Post Market Price 2.65
Post Market Time 1,776,469,741
Previous Close 2.835
Price Hint 4
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.29
Regular Market Change Percent -10.2293
Regular Market Day High 2.63
Regular Market Day Low 2.4802
Regular Market Day Range 2.4802 - 2.63
Regular Market Open 2.62
Regular Market Previous Close 2.835
Regular Market Price 2.545
Regular Market Time 1,776,455,969
Regular Market Volume 42,950
Short Name MAX Auto Industry -3x Inverse L
Source Interval 15
Symbol CARD
Total Assets 2,055,305
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 17.50601
Trailing Peg Ratio None
Trailing Three Month Nav Returns 27.20615
Trailing Three Month Returns 27.20615
Triggerable 1
Two Hundred Day Average 3.082155
Two Hundred Day Average Change -0.5371549
Two Hundred Day Average Change Percent -0.174279
Type Disp ETF
Volume 42,950
Yield 0.0
Ytd Return 27.20615