Tekla Healthcare Opportunities Fund Price on November 11, 2024
| THQ Fund | USD 21.12 0.43 2.08% |
If you're considering investing in Tekla Fund, it is important to understand the factors that can impact its price. As of today, the current price of Tekla Healthcare stands at 21.12, as last reported on the 30th of January, with the highest price reaching 21.28 and the lowest price hitting 20.65 during the day. Currently, Tekla Healthcare Opportunities is very steady. Tekla Healthcare Opp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0472, which indicates the fund had a 0.0472 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tekla Healthcare Opportunities, which you can use to evaluate the volatility of the fund. Please validate Tekla Healthcare's Risk Adjusted Performance of 0.0431, semi deviation of 1.37, and Coefficient Of Variation of 2116.87 to confirm if the risk estimate we provide is consistent with the expected return of 0.0623%.
Tekla Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tekla |
Sharpe Ratio = 0.0472
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Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Tekla Healthcare is performing at about 3% 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 Tekla Healthcare by adding it to a well-diversified portfolio.
Tekla Healthcare Valuation on November 11, 2024
It is possible to determine the worth of Tekla Healthcare on a given historical date. On November 11, 2024 Tekla was worth 20.79 at the beginning of the trading date compared to the closed value of 20.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tekla Healthcare fund. Still, in general, we apply an absolute valuation method to find Tekla Healthcare's 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 Tekla Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tekla Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 20.47 | 20.84 | 20.47 | 20.74 | 89,406 | |
11/11/2024 | 20.79 | 20.86 | 20.55 | 20.61 | 101,034 |
| 20.62 | 20.79 | 20.34 | 20.36 | 111,365 |
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Tekla Healthcare Trading Date Momentum on November 11, 2024
| On November 12 2024 Tekla Healthcare Opportunities was traded for 20.36 at the closing time. Highest Tekla Healthcare's price during the trading hours was 20.79 and the lowest price during the day was 20.34 . The net volume was 111.4 K. The overall trading history on the 12th of November 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.21% . The trading price change to current price is 6.07% . |
Tekla Healthcare Opp Fundamentals Correlations and Trends
By evaluating Tekla Healthcare's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tekla Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tekla financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tekla Healthcare Fund history
Tekla Healthcare investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tekla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tekla Healthcare Opp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tekla Healthcare stock prices may prove useful in developing a viable investing in Tekla Healthcare
Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. Tekla Healthcare Opportunities Fund was formed on April 2, 2014 and is domiciled in the United States. Tekla Healthcare operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
Tekla Healthcare Fund Technical Analysis
Tekla Healthcare technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Tekla Healthcare Period Price Range
Low | January 30, 2025
| High |
0.00 | 0.00 |
Tekla Healthcare Opportunities cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
Tekla Healthcare January 30, 2025 Market Strength
Market strength indicators help investors to evaluate how Tekla Healthcare fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tekla Healthcare shares will generate the highest return on investment. By undertsting and applying Tekla Healthcare fund market strength indicators, traders can identify Tekla Healthcare Opportunities entry and exit signals to maximize returns
Tekla Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tekla Healthcare's price direction in advance. Along with the technical and fundamental analysis of Tekla Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tekla 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 | 0.0431 | |||
| Jensen Alpha | 0.0026 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0946 |
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Other Information on Investing in Tekla Fund
Tekla Healthcare financial ratios help investors to determine whether Tekla Fund 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 Tekla with respect to the benefits of owning Tekla Healthcare security.
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