Leverage Shares (Germany) Price on September 11, 2023

SJD Etf   2.68  0.15  5.30%   
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 2.68, as last reported on the 28th of November, with the highest price reaching 2.71 and the lowest price hitting 2.68 during the day. Leverage Shares 1x has Sharpe Ratio of -0.13, which conveys that the entity had a -0.13% return per unit of risk over the last 3 months. Leverage Shares exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leverage Shares' Risk Adjusted Performance of (0.07), standard deviation of 3.78, and Mean Deviation of 2.67 to check out the risk estimate we provide.
  
Leverage Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1321

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Estimated Market Risk

 3.84
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.51
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  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 September 11, 2023

It is possible to determine the worth of Leverage Shares on a given historical date. On September 11, 2023 Leverage was worth 4.01 at the beginning of the trading date compared to the closed value of 4.06. 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    4.02    4.00    4.01    1.00  
09/11/2023
  4.01    4.06    4.01    4.06    1.00  
  3.97    4.07    3.97    4.07    1.00  
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Open Value
4.01
4.06
Closing Value
15.54
Upside

Leverage Shares Trading Date Momentum on September 11, 2023

On September 12 2023 Leverage Shares 1x was traded for  4.07  at the closing time. The highest price during the trading period was 4.07  and the lowest recorded bid was listed for  3.97 . There was no trading activity during the period 1.0. Lack of trading volume on September 12, 2023 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.25% . The trading delta at closing time to the current price is 5.67% .

Price Boundaries

Leverage Shares Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Leverage Shares 1x 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 28, 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 1x 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.