Leverage Shares 2x Etf Price on December 17, 2024
| TSLG Etf | 12.72 1.10 7.96% |
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 12.72, as last reported on the 10th of January, with the highest price reaching 14.00 and the lowest price hitting 12.43 during the day. Leverage Shares 2X has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11% 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' Risk Adjusted Performance of (0.08), standard deviation of 9.54, and Mean Deviation of 7.89 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.
Leverage |
Sharpe Ratio = -0.1086
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| Negative Returns | TSLG |
Estimated Market Risk
| 8.97 actual daily | 79 79% of assets are less volatile |
Expected Return
| -0.97 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 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.
Average Mkt Cap Mil No Data |
Leverage Shares Valuation on December 17, 2024
It is possible to determine the worth of Leverage Shares on a given historical date. On December 17, 2024 Leverage was worth 19.3 at the beginning of the trading date compared to the closed value of 19.6. 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 | |
| 16.64 | 18.22 | 16.34 | 18.22 | 162,100 | |
12/17/2024 | 19.30 | 19.88 | 17.88 | 19.60 | 289,100 |
| 18.81 | 20.28 | 15.61 | 16.82 | 329,500 |
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Leverage Shares Trading Date Momentum on December 17, 2024
| On December 18 2024 Leverage Shares 2X was traded for 16.82 at the closing time. The top price for the day was 20.28 and the lowest listed price was 15.61 . The trading volume for the day was 329.5 K. The trading history from December 18, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 14.18% . The trading delta at closing time against the current closing price is 14.29% . |
About Leverage Shares Etf history
Leverage Shares 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 Leverage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Leverage Shares 2X 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 Leverage Shares stock prices may prove useful in developing a viable investing in Leverage Shares
Leverage Shares Etf Technical Analysis
Leverage Shares 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
Leverage Shares Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Leverage Shares 2X cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 January 10, 2025 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 2X 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.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.07) | |||
| Total Risk Alpha | (1.32) | |||
| Treynor Ratio | 0.6183 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Leverage Shares 2X. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Leverage Shares 2X is measured differently than its book value, which is the value of Leverage that is recorded on the company's balance sheet. Investors also form their own opinion of Leverage Shares' value that differs from its market value or its book value, called intrinsic value, which is Leverage Shares' 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 Leverage Shares' market value can be influenced by many factors that don't directly affect Leverage Shares' 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 Leverage Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Leverage Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leverage Shares' 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.