Leverage Shares 2x Etf Market Value
| TSLG Etf | 14.47 0.59 4.25% |
| Symbol | Leverage |
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.
Leverage Shares 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Leverage Shares' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Leverage Shares.
| 07/27/2024 |
| 01/23/2025 |
If you would invest 0.00 in Leverage Shares on July 27, 2024 and sell it all today you would earn a total of 0.00 from holding Leverage Shares 2X or generate 0.0% return on investment in Leverage Shares over 180 days. Leverage Shares is related to or competes with Freedom Day, Franklin Templeton, IShares MSCI, Tidal Trust, IShares Dividend, Altrius Global, and Invesco Exchange. Leverage Shares is entity of United States More
Leverage Shares Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Leverage Shares' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Leverage Shares 2X upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 26.52 | |||
| Value At Risk | (11.99) | |||
| Potential Upside | 15.78 |
Leverage Shares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leverage Shares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leverage Shares' standard deviation. In reality, there are many statistical measures that can use Leverage Shares historical prices to predict the future Leverage Shares' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.112 |
Leverage Shares 2X Backtested Returns
Leverage Shares 2X has Sharpe Ratio of -0.0127, which conveys that the entity had a -0.0127 % 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' Mean Deviation of 6.9, insignificant risk adjusted performance, and Standard Deviation of 8.71 to check out the risk estimate we provide. The etf secures a Beta (Market Risk) of -1.19, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Leverage Shares are expected to decrease by larger amounts. On the other hand, during market turmoil, Leverage Shares is expected to outperform it.
Auto-correlation | 0.00 |
No correlation between past and present
Leverage Shares 2X has no correlation between past and present. Overlapping area represents the amount of predictability between Leverage Shares time series from 27th of July 2024 to 25th of October 2024 and 25th of October 2024 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Leverage Shares 2X price movement. The serial correlation of 0.0 indicates that just 0.0% of current Leverage Shares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Leverage Shares 2X lagged returns against current returns
Autocorrelation, which is Leverage Shares etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Leverage Shares' etf expected returns. We can calculate the autocorrelation of Leverage Shares returns to help us make a trade decision. For example, suppose you find that Leverage Shares has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Leverage Shares regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Leverage Shares etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leverage Shares etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leverage Shares etf over time.
Current vs Lagged Prices |
| Timeline |
Leverage Shares Lagged Returns
When evaluating Leverage Shares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leverage Shares etf have on its future price. Leverage Shares autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Leverage Shares autocorrelation shows the relationship between Leverage Shares etf current value and its past values and can show if there is a momentum factor associated with investing in Leverage Shares 2X.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Leverage Shares 2X is a strong investment it is important to analyze Leverage Shares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Leverage Shares' future performance. For an informed investment choice regarding Leverage Etf, refer to the following important reports:Check out Leverage Shares Correlation, Leverage Shares Volatility and Leverage Shares Alpha and Beta module to complement your research on Leverage Shares. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.