Leverage Shares (UK) Price on April 9, 2024

3ARE Etf   31.53  1.45  4.82%   
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 31.53, as last reported on the 22nd of November, with the highest price reaching 32.42 and the lowest price hitting 31.53 during the day. Leverage Shares is not too volatile given 3 months investment horizon. Leverage Shares 3x has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Leverage Shares 3x Downside Deviation of 6.49, mean deviation of 4.84, and Risk Adjusted Performance of 0.1234 to evaluate company specific risk that cannot be diversified away.
  
Leverage Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1539

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Estimated Market Risk

 6.92
  actual daily
61
61% of assets are less volatile

Expected Return

 1.06
  actual daily
21
79% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
12
88% of assets perform better
Based on monthly moving average Leverage Shares is performing at about 12% 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 Leverage Shares by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
31.9 K

Leverage Shares Valuation on April 9, 2024

It is possible to determine the worth of Leverage Shares on a given historical date. On April 9, 2024 Leverage was worth 27.2 at the beginning of the trading date compared to the closed value of 27.2. 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
  27.08    27.08    27.08    27.08    1.00  
04/09/2024
  27.20    27.20    27.20    27.20    1.00  
  27.76    27.76    25.18    26.21    8,384  
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Open Value
27.2
27.2
Closing Value
47.95
Upside

Leverage Shares Trading Date Momentum on April 9, 2024

On April 10 2024 Leverage Shares 3x was traded for  26.21  at the closing time. The highest price during the trading period was 27.76  and the lowest recorded bid was listed for  25.18 . The volume for the day was 8.4 K. This history from April 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.64% . The trading delta at closing time to the current price is 31.18% .

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 3x 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.
A focus of Leverage Shares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Leverage Shares 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

Leverage Shares Period Price Range

Low
November 22, 2024
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High

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Leverage Shares November 22, 2024 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 3x 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.

Other Information on Investing in Leverage Etf

Leverage Shares financial ratios help investors to determine whether Leverage Etf 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 Leverage with respect to the benefits of owning Leverage Shares security.