Leverage Shares (UK) Price on September 11, 2024

STSM Etf   6.72  1.47  17.95%   
If you're considering investing in Leverage Etf, it is important to understand the factors that can impact its price. As of today, the current price of Leverage Shares stands at 6.72, as last reported on the 12th of December 2024, with the highest price reaching 7.07 and the lowest price hitting 6.70 during the day. Leverage Shares 3x has Sharpe Ratio of -0.051, which conveys that the entity had a -0.051% return per unit of risk over the last 3 months. Leverage Shares exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leverage Shares' Standard Deviation of 9.38, risk adjusted performance of (0.04), and Mean Deviation of 6.69 to check out the risk estimate we provide.
  
Leverage Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.051

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSTSM

Estimated Market Risk

 9.37
  actual daily
83
83% of assets are less volatile

Expected Return

 -0.48
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Leverage Shares is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Leverage Shares by adding Leverage Shares to a well-diversified portfolio.

Leverage Shares Valuation on September 11, 2024

It is possible to determine the worth of Leverage Shares on a given historical date. On September 11, 2024 Leverage was worth 14.25 at the beginning of the trading date compared to the closed value of 14.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Leverage Shares etf. Still, in general, we apply an absolute valuation method to find Leverage Shares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Leverage Shares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Leverage Shares' related companies.
 Open High Low Close Volume
  15.85    15.85    15.15    15.15    13.00  
09/11/2024
  14.25    14.25    14.25    14.25    1.00  
  12.90    12.99    12.22    12.22    1,574  
Backtest Leverage Shares  |  Leverage Shares History  PreviousNext  
Open Value
14.25
14.25
Closing Value
42.37
Upside

Leverage Shares Trading Date Momentum on September 11, 2024

On September 12 2024 Leverage Shares 3x was traded for  12.22  at the closing time. The highest price during the trading period was 12.99  and the lowest recorded bid was listed for  12.22 . The volume for the day was 1.6 K. This history from September 12, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 14.25% . The trading delta at closing time to the current price is 19.37% .

Price Boundaries

Leverage Shares Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Leverage Shares 3x cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Leverage Shares December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Leverage Shares etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Leverage Shares shares will generate the highest return on investment. By undertsting and applying Leverage Shares etf market strength indicators, traders can identify Leverage Shares 3x entry and exit signals to maximize returns

Leverage Shares Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Leverage Shares' price direction in advance. Along with the technical and fundamental analysis of Leverage Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Leverage to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.