Equilibrium 2017–06–02
Circulating US-NBT: 278,182.8991
Reserve percentage: (50 - 278,182.8991 / (2,000,000 / 25)) / 100 = 0.4652
Equilibrium reserve: 0.4652 * 278,182.8991 = 129,411
Current tier 1–4 reserve: 199,165
Minimum tier 1–4 reserve: 0.20 * 129,411 = 25,882
Daily move to equilibrium: 0.01 * (129,411 - 199,165) = -698
- Equilibrium is having $129,411 in tier 1–4 reserves.
- Current tier 1–4 reserves are valued at $199,165.
- Buybacks for the amount $698 per day will begin.
Daily move to equilibrium is the amount in USD of how many NuShares will be sold or repurchased every day toward reserve equilibrium.