Leverage Shares (Germany) Price on November 29, 2024
| 3COI Etf | 31.14 0.13 0.42% |
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 31.14, as last reported on the 3rd of December, with the highest price reaching 31.14 and the lowest price hitting 26.89 during the day. Leverage Shares is slightly risky given 3 months investment horizon. Leverage Shares 3x has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.03% are justified by taking the suggested risk. Use Leverage Shares 3x Risk Adjusted Performance of 0.1213, mean deviation of 12.03, and Downside Deviation of 13.31 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.
Leverage |
Sharpe Ratio = 0.179
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| Good Returns | 3COI | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 16.94 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.03 actual daily | 60 60% of assets have lower returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Leverage Shares is performing at about 14% 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.
Leverage Shares Valuation on November 29, 2024
It is possible to determine the worth of Leverage Shares on a given historical date. On November 29, 2024 Leverage was worth 31.27 at the beginning of the trading date compared to the closed value of 31.27. 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 | |
| 30.41 | 30.81 | 29.34 | 29.34 | 2,298 | |
11/29/2024 | 31.27 | 33.03 | 30.99 | 31.27 | 9,163 |
| 27.98 | 31.14 | 26.89 | 31.14 | 5,875 |
| Backtest Leverage Shares | | | Leverage Shares History | Previous | Next |
Leverage Shares Trading Date Momentum on November 29, 2024
| On December 02 2024 Leverage Shares 3x was traded for 31.14 at the closing time. The highest price during the trading period was 31.14 and the lowest recorded bid was listed for 26.89 . The volume for the day was 5.9 K. This history from December 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.42% . The trading delta at closing time to the current price is 10.52% . |
Price Boundaries
Leverage Shares Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Leverage Shares 3x cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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 December 3, 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.