Leverage Shares (UK) Price on October 4, 2024
| 3SYE Etf | 19.13 0.17 0.88% |
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 19.13, as last reported on the 1st of December, with the highest price reaching 19.13 and the lowest price hitting 18.96 during the day. Leverage Shares appears to be not too volatile, given 3 months investment horizon. Leverage Shares 3x has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Leverage Shares, which you can use to evaluate the volatility of the etf. Please exercise Leverage Shares' Mean Deviation of 1.68, downside deviation of 2.14, and Risk Adjusted Performance of 0.1176 to check out if our risk estimates are consistent with your expectations.
Leverage Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Leverage |
Sharpe Ratio = 0.1408
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Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Leverage Shares is performing at about 11% 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 October 4, 2024
It is possible to determine the worth of Leverage Shares on a given historical date. On October 4, 2024 Leverage was worth 16.4 at the beginning of the trading date compared to the closed value of 16.11. 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 | |
| 15.82 | 16.02 | 15.82 | 15.93 | 67.00 | |
10/04/2024 | 16.40 | 16.41 | 16.06 | 16.11 | 55.00 |
| 16.30 | 16.30 | 16.30 | 16.30 | 1.00 |
| Backtest Leverage Shares | | | Leverage Shares History | Previous | Next |
Leverage Shares Trading Date Momentum on October 4, 2024
| On October 07 2024 Leverage Shares 3x was traded for 16.30 at the closing time. The highest price during the trading period was 16.30 and the lowest recorded bid was listed for 16.30 . There was no trading activity during the period 1.0. Lack of trading volume on October 7, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 1.18% . The trading delta at closing time to the current price is 6.70% . |
Price Boundaries
Leverage Shares Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Leverage Shares 3x cannot be verified against its exchange. Please verify the symbol is currently traded on London 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 1, 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.