Leverage Shares (UK) Price on October 21, 2024
If you're considering investing in Leverage Etf, it is important to understand the factors that can impact its price. Currently, Leverage Shares 3x is out of control. Leverage Shares 3x has Sharpe Ratio of 0.0073, which conveys that the entity had a 0.0073% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Leverage Shares, which you can use to evaluate the volatility of the etf. Please verify Leverage Shares' Mean Deviation of 11.69, downside deviation of 17.68, and Risk Adjusted Performance of 0.0149 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Leverage Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Leverage |
Sharpe Ratio = 0.0073
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Estimated Market Risk
| 15.87 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Leverage Shares is not performing at its full potential. However, 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 Leverage Shares to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Leverage Shares Period Price Range
Low | December 18, 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 18, 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.
| Risk Adjusted Performance | 0.0149 | |||
| Jensen Alpha | 0.1049 | |||
| Total Risk Alpha | (1.16) | |||
| Sortino Ratio | 0.0028 | |||
| Treynor Ratio | 4.26 |
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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.