IncomeShares Tesla (Germany) Price on December 4, 2024
| TSLI Etf | 8.16 0.21 2.51% |
If you're considering investing in IncomeShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of IncomeShares Tesla stands at 8.16, as last reported on the 8th of January, with the highest price reaching 8.41 and the lowest price hitting 8.13 during the day. At this point, IncomeShares Tesla is somewhat reliable. IncomeShares Tesla TSLA holds Efficiency (Sharpe) Ratio of 0.0809, which attests that the entity had a 0.0809% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for IncomeShares Tesla TSLA, which you can use to evaluate the volatility of the entity. Please check out IncomeShares Tesla's Standard Deviation of 3.28, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 0.7396 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
IncomeShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IncomeShares |
Sharpe Ratio = 0.0809
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Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average IncomeShares Tesla is performing at about 6% 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 IncomeShares Tesla by adding it to a well-diversified portfolio.
IncomeShares Tesla Valuation on December 4, 2024
It is possible to determine the worth of IncomeShares Tesla on a given historical date. On December 4, 2024 IncomeShares was worth 7.7 at the beginning of the trading date compared to the closed value of 7.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IncomeShares Tesla etf. Still, in general, we apply an absolute valuation method to find IncomeShares Tesla'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 IncomeShares Tesla where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IncomeShares Tesla's related companies.
| Open | High | Low | Close | Volume | |
| 7.68 | 7.70 | 7.67 | 7.67 | 1,075 | |
12/04/2024 | 7.70 | 7.72 | 7.70 | 7.70 | 1.00 |
| 7.75 | 7.85 | 7.75 | 7.83 | 3,344 |
| Backtest IncomeShares Tesla | | | IncomeShares Tesla History | Previous | Next |
IncomeShares Tesla Trading Date Momentum on December 4, 2024
| On December 05 2024 IncomeShares Tesla TSLA was traded for 7.83 at the closing time. The highest price during the trading period was 7.85 and the lowest recorded bid was listed for 7.75 . The volume for the day was 3.3 K. This history from December 5, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 1.69% . The trading delta at closing time to the current price is 7.66% . |
Price Boundaries
IncomeShares Tesla Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
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IncomeShares Tesla January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how IncomeShares Tesla etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IncomeShares Tesla shares will generate the highest return on investment. By undertsting and applying IncomeShares Tesla etf market strength indicators, traders can identify IncomeShares Tesla TSLA entry and exit signals to maximize returns
IncomeShares Tesla Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IncomeShares Tesla's price direction in advance. Along with the technical and fundamental analysis of IncomeShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IncomeShares 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.