Tesl Etf Price on January 4, 2025
| TESL Etf | 24.50 0.39 1.62% |
If you're considering investing in TESL Etf, it is important to understand the factors that can impact its price. As of today, the current price of TESL stands at 24.50, as last reported on the 7th of January, with the highest price reaching 25.43 and the lowest price hitting 24.21 during the day. TESL is somewhat reliable given 3 months investment horizon. TESL owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the etf had a 0.25% return per unit of standard deviation over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.47% are justified by taking the suggested risk. Use TESL coefficient of variation of 405.28, and Risk Adjusted Performance of 0.2083 to evaluate company specific risk that cannot be diversified away.
TESL Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
TESL |
Sharpe Ratio = 0.2467
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Estimated Market Risk
| 5.94 actual daily | 52 52% of assets are less volatile |
Expected Return
| 1.47 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average TESL is performing at about 19% of its full potential. 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 TESL by adding it to a well-diversified portfolio.
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TESL Valuation on January 4, 2025
It is possible to determine the worth of TESL on a given historical date. On January 4, 2025 TESL was worth 22.12 at the beginning of the trading date compared to the closed value of 24.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TESL etf. Still, in general, we apply an absolute valuation method to find TESL's 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 TESL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TESL's related companies.
| Open | High | Low | Close | Volume | |
| 24.12 | 24.12 | 20.12 | 22.62 | 70,100 | |
01/03/2025 | 22.12 | 24.12 | 22.12 | 24.11 | 56,700 |
| 25.43 | 25.43 | 24.21 | 24.50 | 4,698 |
| Backtest TESL | | | TESL History | Previous | Next |
TESL Trading Date Momentum on January 4, 2025
| On January 06 2025 TESL was traded for 24.50 at the closing time. The top price for the day was 25.43 and the lowest listed price was 24.21 . The trading volume for the day was 4.7 K. The trading history from January 6, 2025 was a factor to the next trading day price upswing. The trading price change against the next closing price was 1.62% . The trading price change against the current closing price is 5.47% . |
About TESL Etf history
TESL investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TESL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TESL will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TESL stock prices may prove useful in developing a viable investing in TESL
TESL Etf Technical Analysis
TESL technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
TESL Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
TESL cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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.
TESL January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how TESL etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TESL shares will generate the highest return on investment. By undertsting and applying TESL etf market strength indicators, traders can identify TESL entry and exit signals to maximize returns
TESL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TESL's price direction in advance. Along with the technical and fundamental analysis of TESL Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of TESL 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.
| Risk Adjusted Performance | 0.2083 | |||
| Jensen Alpha | 1.4 | |||
| Total Risk Alpha | 1.32 | |||
| Sortino Ratio | 0.3082 | |||
| Treynor Ratio | 0.4938 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TESL. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of TESL is measured differently than its book value, which is the value of TESL that is recorded on the company's balance sheet. Investors also form their own opinion of TESL's value that differs from its market value or its book value, called intrinsic value, which is TESL's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TESL's market value can be influenced by many factors that don't directly affect TESL's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TESL's value and its price as these two are different measures arrived at by different means. Investors typically determine if TESL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TESL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.