BBUS, page-661

See below. I have been figuring out the BBUS and BBOZ multiplier of the futures based on a procedure given to me by Betashares. Take the BBUS/BBOZ close at exactly 4pm (not the final match out close) by last coarse of sales before 4pm and same with SP500/ASX200 futures.

As you can see yesterday 1/4/20 at 4pm SP500 futures were down -2.91% and BBUS was up 6.94%

However on 30/3/20 at 4pm SP500 futures were DOWN -o.86% and BBUS was also DOWN 0.65%

The BBUS leverage multiplier is supposed to be 2 to 2.75 times. In the past three day it ranges from 0.756 to 3.416. It seems to me there is no way to accurately know what BBUS price should % increase or decrease by based on the futures % increase or decrease numbers. Anyone see anything not correct in my work or know a better way to track what BBUS or BBUS performance should be?

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
1	DATE	BBOZ @4pm	% change	leverage	4pm ASX200 Futures	4pm % change
2	Friday, March 27, 2020	15.550	11.31		4866.5
3	Monday, March 30, 2020	14.020	-9.84	2.054	5097.0	4.74
4	Tuesday, March 31, 2020	14.360	2.43	2.557	5048.5	-0.95
5	Wednesday, April 1, 2020	12.980	-9.61	3.120	5204.0	3.08

	Column 1	Column 2	Column 3	Column 4	Column 5
1	BBUS @4pm	% change	leverage	4pm SP500 Futures	4pm % change
2	4.600	-8.91		2557.75
3	4.570	-0.65	0.756	2535.75	-0.86
4	4.320	-5.47	2.104	2601.62	2.60
5	4.620	6.94	3.416	2525.88	-2.91