Tekla Healthcare Opportunities Fund Price on March 22, 2024

THQ Fund  USD 18.84  0.21  1.13%   
If you're considering investing in Tekla Fund, it is important to understand the factors that can impact its price. As of today, the current price of Tekla Healthcare stands at 18.84, as last reported on the 6th of January, with the highest price reaching 18.93 and the lowest price hitting 18.61 during the day. Tekla Healthcare Opp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the fund had a -0.17% 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 Variance of 1.4, coefficient of variation of (589.94), and Risk Adjusted Performance of (0.13) 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.

Sharpe Ratio = -0.1695

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

Estimated Market Risk

 1.18
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.17
  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.

Tekla Healthcare Valuation on March 22, 2024

It is possible to determine the worth of Tekla Healthcare on a given historical date. On March 22, 2024 Tekla was worth 18.3 at the beginning of the trading date compared to the closed value of 18.2. 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
  18.25    18.36    18.06    18.33    159,791  
03/22/2024
  18.30    18.33    18.09    18.20    146,448  
  18.21    18.33    18.13    18.33    158,035  
Backtest Tekla Healthcare  |  Tekla Healthcare History  |  Tekla Healthcare Valuation   PreviousNext  
Open Value
18.3
18.2
Closing Value
21.85
Upside

Tekla Healthcare Trading Date Momentum on March 22, 2024

On March 25 2024 Tekla Healthcare Opportunities was traded for  18.33  at the closing time. Highest Tekla Healthcare's price during the trading hours was 18.33  and the lowest price during the day was  18.13 . The net volume was 158 K. The overall trading history on the 25th of March contributed to the next trading period price gain. The trading price change to the next next day price was 0.71% . The trading price change to current price is 2.31% .

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. Tekla Healthcare Opportunities Fund was formed on April 2, 2014 and is domiciled in the United States. Tekla Healthcare operates under Asset Management classification in the United States and is traded on New York Stock Exchange.

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.
A focus of Tekla Healthcare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tekla Healthcare trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Tekla Healthcare Period Price Range

Low
January 6, 2025
0.00  NaN%
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 January 6, 2025 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.

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.
Stocks Directory
Find actively traded stocks across global markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device