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

Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
2.57 USD +0.08 (3.155%) ⇧ (July 13, 2026, 3:55 p.m. EDT)
After hours: 2.11 -0.46 (-0.457%) ⇩ (July 13, 2026, 7:56 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:55 a.m. EDT

This instrument is a -3X inverse leveraged ETN designed to profit from declines in the auto industry, yet the underlying sector has rallied significantly over the past year, causing the fund to suffer a catastrophic 63.65% drop in value. The recent price action confirms this bearish trend, with the security trading well below its 50-day and 200-day moving averages, indicating persistent downward momentum. While the statistical forecast model suggests a slight further decline over the next 45 days, its low confidence makes it a weak signal rather than a definitive call to action. Crucially, there is no dividend income to offset these losses, and the structure of a leveraged product implies rapid decay and tracking error risks that compound during prolonged downtrends. For a short-term trader, the setup remains technically weak with no immediate reversal catalyst visible in the data.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.052885
MSTL0.062825
AutoARIMA0.066015
AutoETS0.066154
MSTL_840.085459

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 38%
H-stat 0.99
Ljung-Box p 0.000
Jarque-Bera p 0.126
Excess Kurtosis 0.41
Attribute Value
Trailing P/E 27.27

Info Dump

Attribute Value
All Time High 13.6
All Time Low 2.29
Ask 0.0
Ask Size 3,000
Average Daily Volume10 Day 12,850
Average Daily Volume3 Month 17,790
Average Volume 17,790
Average Volume10Days 12,850
Beta3 Year -3.34
Bid 2.46
Bid Size 2,000
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 2.58
Day Low 2.43
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 0.09410596
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.7207
Fifty Day Average Change -0.15400004
Fifty Day Average Change Percent -0.056603096
Fifty Two Week Change Percent -32.647537
Fifty Two Week High 4.07
Fifty Two Week High Change -1.5033002
Fifty Two Week High Change Percent -0.36936122
Fifty Two Week Low 2.29
Fifty Two Week Low Change 0.27670002
Fifty Two Week Low Change Percent 0.1208297
Fifty Two Week Range 2.29 - 4.07
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 PREPRE
Max Age 86,400
Message Board Id finmb_1846683636
Nav Price 2.53779
Net Assets 1,463,164.0
Net Expense Ratio 0.95
Open 2.5
Post Market Change -0.4567001
Post Market Change Percent -17.79328
Post Market Price 2.11
Post Market Time 1,783,986,969
Previous Close 2.4882
Price Hint 4
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.0785
Regular Market Change Percent 3.15489
Regular Market Day High 2.58
Regular Market Day Low 2.43
Regular Market Day Range 2.43 - 2.58
Regular Market Open 2.5
Regular Market Previous Close 2.4882
Regular Market Price 2.5667
Regular Market Time 1,783,972,530
Regular Market Volume 18,951
Short Name MAX Auto Industry -3x Inverse L
Source Interval 15
Symbol CARD
Three Year Average Return -0.4809341
Total Assets 1,463,164
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 27.274574
Trailing Peg Ratio None
Trailing Three Month Nav Returns -28.81037
Trailing Three Month Returns -28.81037
Triggerable 1
Two Hundred Day Average 2.866215
Two Hundred Day Average Change -0.299515
Two Hundred Day Average Change Percent -0.104498446
Type Disp ETF
Volume 18,951
Yield 0.0
Ytd Return -9.44241