Tekla Healthcare Opportunities Fund Price on October 24, 2024
| XTHQX Fund | USD 20.28 0.15 0.73% |
Below is the normalized historical share price chart for Tekla Healthcare Opportunities extending back to August 06, 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 20.28, as last reported on the 9th of January, with the highest price reaching 20.28 and the lowest price hitting 20.28 during the day.
If you're considering investing in Tekla Mutual Fund, it is important to understand the factors that can impact its price. Tekla Healthcare Opp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the fund had a -0.22% return per unit of risk over the last 3 months. Tekla Healthcare Opportunities exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tekla Healthcare's Variance of 0.6225, risk adjusted performance of (0.15), and Coefficient Of Variation of (518.46) to confirm the risk estimate we provide.
Tekla Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tekla |
Sharpe Ratio = -0.223
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| Negative Returns | XTHQX |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 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 October 24, 2024
It is possible to determine the worth of Tekla Healthcare on a given historical date. On October 24, 2024 Tekla was worth 21.97 at the beginning of the trading date compared to the closed value of 21.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tekla Healthcare mutual 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 | |
| 22.28 | 22.28 | 22.28 | 22.28 | 1.00 | |
10/24/2024 | 21.97 | 21.97 | 21.97 | 21.97 | 1.00 |
| 21.82 | 21.82 | 21.82 | 21.82 | 1.00 |
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Tekla Healthcare Trading Date Momentum on October 24, 2024
| On October 25 2024 Tekla Healthcare Opportunities was traded for 21.82 at the closing time. The highest daily price throughout the period was 21.82 and the lowest price was 21.82 . There was no trading activity during the period 1.0. Lack of trading volume on 10/25/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.68% . The trading price change to current closing price is 1.96% . |
About Tekla Healthcare Mutual 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 Mutual Fund Technical Analysis
Tekla Healthcare technical mutual 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 | January 9, 2025
| High |
0.00 | 0.00 |
Tekla Healthcare Opportunities cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Tekla Healthcare mutual 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 mutual 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 Mutual 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 | (0.15) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (1.12) |
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| Volume Indicators |
Other Information on Investing in Tekla Mutual Fund
Tekla Healthcare financial ratios help investors to determine whether Tekla Mutual 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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