Tekla Healthcare Opportunities Fund Price on March 19, 2024
| THQ Fund | USD 19.29 0.03 0.16% |
Below is the normalized historical share price chart for Tekla Healthcare Opportunities extending back to July 29, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tekla Healthcare stands at 19.29, as last reported on the 30th of December, with the highest price reaching 19.40 and the lowest price hitting 19.17 during the day.
If you're considering investing in Tekla Fund, it is important to understand the factors that can impact its price. Tekla Healthcare Opp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the fund had a -0.15% return per unit of risk over the last 3 months. Tekla Healthcare Opportunities exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tekla Healthcare's Coefficient Of Variation of (874.72), variance of 1.4, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
Tekla Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tekla |
Sharpe Ratio = -0.1459
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| Negative Returns | THQ |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tekla Healthcare 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 Tekla Healthcare by adding Tekla Healthcare to a well-diversified portfolio.
Market Capitalization 951.7 M |
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Tekla Healthcare Valuation on March 19, 2024
It is possible to determine the worth of Tekla Healthcare on a given historical date. On March 19, 2024 Tekla was worth 18.16 at the beginning of the trading date compared to the closed value of 18.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tekla Healthcare fund. Still, in general, we apply an absolute valuation method to find Tekla Healthcare'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 Tekla Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tekla Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 18.21 | 18.26 | 18.14 | 18.16 | 154,846 | |
03/19/2024 | 18.16 | 18.23 | 18.09 | 18.22 | 204,439 |
| 18.22 | 18.45 | 18.19 | 18.39 | 139,361 |
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Tekla Healthcare Trading Date Momentum on March 19, 2024
| On March 20 2024 Tekla Healthcare Opportunities was traded for 18.39 at the closing time. Highest Tekla Healthcare's price during the trading hours was 18.45 and the lowest price during the day was 18.19 . The net volume was 139.4 K. The overall trading history on the 20th of March contributed to the next trading period price gain. The trading price change to the next next day price was 0.93% . The trading price change to current price is 3.18% . |
Tekla Healthcare Opp Fundamentals Correlations and Trends
By evaluating Tekla Healthcare's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tekla Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tekla financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tekla Healthcare Fund history
Tekla Healthcare 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 Tekla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tekla Healthcare Opp 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 Tekla Healthcare stock prices may prove useful in developing a viable investing in Tekla Healthcare
Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles. For its fixed income portion, the fund invests in corporate debt securities across the credit rating spectrum. It benchmarks the performance of its portfolio against the SP 1500 Healthcare Index and SP 500 Index. Tekla Healthcare Opportunities Fund was formed on April 2, 2014 and is domiciled in the United States.
Tekla Healthcare Fund Technical Analysis
Tekla Healthcare technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Tekla Healthcare Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Tekla Healthcare Opportunities cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Tekla Healthcare December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Tekla Healthcare fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tekla Healthcare shares will generate the highest return on investment. By undertsting and applying Tekla Healthcare fund market strength indicators, traders can identify Tekla Healthcare Opportunities entry and exit signals to maximize returns
Tekla Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tekla Healthcare's price direction in advance. Along with the technical and fundamental analysis of Tekla Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tekla 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 | (0.09) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.51) |
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Other Information on Investing in Tekla Fund
Tekla Healthcare financial ratios help investors to determine whether Tekla Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tekla with respect to the benefits of owning Tekla Healthcare security.
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