Leverage Shares (Germany) Price on September 10, 2024
| 3XFE Etf | 6.12 0.02 0.33% |
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 6.12, as last reported on the 27th of November, with the highest price reaching 6.14 and the lowest price hitting 6.08 during the day. Leverage Shares appears to be 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. By analyzing Leverage Shares' technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please exercise Leverage Shares' Risk Adjusted Performance of 0.1589, mean deviation of 2.22, and Downside Deviation of 2.64 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 = 0.1794
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Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher 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 September 10, 2024
It is possible to determine the worth of Leverage Shares on a given historical date. On September 10, 2024 Leverage was worth 4.18 at the beginning of the trading date compared to the closed value of 4.16. 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 | |
| 4.02 | 4.17 | 4.02 | 4.17 | 730.00 | |
09/10/2024 | 4.18 | 4.20 | 4.16 | 4.16 | 3.00 |
| 4.00 | 4.00 | 3.80 | 3.80 | 3.00 |
| Backtest Leverage Shares | | | Leverage Shares History | Previous | Next |
Leverage Shares Trading Date Momentum on September 10, 2024
| On September 11 2024 Leverage Shares 3x was traded for 3.80 at the closing time. The highest price during the trading period was 4.00 and the lowest recorded bid was listed for 3.80 . There was no trading activity during the period 3.0. Lack of trading volume on September 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 8.65% . The trading delta at closing time to the current price is 3.37% . |
Price Boundaries
Leverage Shares Period Price Range
Low | November 27, 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 November 27, 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.