Leverage Shares (Germany) Price on July 29, 2024

NOS3 Etf   0.13  0.03  18.75%   
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 0.13, as last reported on the 11th of December 2024, with the highest price reaching 0.14 and the lowest price hitting 0.13 during the day. At this point, Leverage Shares is out of control. Leverage Shares 3x has Sharpe Ratio of 0.0012, which conveys that the entity had a 0.0012% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Leverage Shares, which you can use to evaluate the volatility of the etf. Please verify Leverage Shares' insignificant Risk Adjusted Performance, mean deviation of 11.36, and Standard Deviation of 14.63 to check out if the risk estimate we provide is consistent with the expected return of 0.0176%.
  
Leverage Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0012

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Estimated Market Risk

 14.66
  actual daily
96
96% of assets are less volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  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.

Leverage Shares Valuation on July 29, 2024

It is possible to determine the worth of Leverage Shares on a given historical date. On July 29, 2024 Leverage was worth 0.21 at the beginning of the trading date compared to the closed value of 0.2. 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
  0.19    0.19    0.19    0.19    994.00  
07/29/2024
  0.21    0.25    0.20    0.20    11,570  
  0.19    0.25    0.19    0.20    293.00  
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Open Value
0.21
0.2
Closing Value
44.19
Upside

Leverage Shares Trading Date Momentum on July 29, 2024

On July 30 2024 Leverage Shares 3x was traded for  0.20  at the closing time. The highest price during the trading period was 0.25  and the lowest recorded bid was listed for  0.19 . The volume for the day was 293. This history from July 30, 2024 did not cause price change. The trading delta at closing time to the current price is 40.00% .

Price Boundaries

Leverage Shares Period Price Range

Low
December 11, 2024
0.00  NaN%
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 11, 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.