Tesla (Germany) Price on January 31, 2024
| TL0 Stock | 355.70 26.85 7.02% |
If you're considering investing in Tesla Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tesla stands at 355.70, as last reported on the 11th of December 2024, with the highest price reaching 357.70 and the lowest price hitting 351.00 during the day. Tesla appears to be very steady, given 3 months investment horizon. Tesla Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. By inspecting Tesla's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please review Tesla's Semi Deviation of 1.85, risk adjusted performance of 0.1829, and Coefficient Of Variation of 413.65 to confirm if our risk estimates are consistent with your expectations.
Tesla Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tesla |
Sharpe Ratio = 0.2285
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Estimated Market Risk
| 4.13 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.94 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Tesla is performing at about 17% 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 Tesla by adding it to a well-diversified portfolio.
Tesla Valuation on January 31, 2024
It is possible to determine the worth of Tesla on a given historical date. On January 31, 2024 Tesla was worth 172.4 at the beginning of the trading date compared to the closed value of 175.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tesla stock. Still, in general, we apply an absolute valuation method to find Tesla'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 Tesla where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tesla's related companies.
| Open | High | Low | Close | Volume | |
| 179.00 | 181.10 | 177.28 | 178.10 | 136,738 | |
01/31/2024 | 172.40 | 176.20 | 170.82 | 175.20 | 97,936 |
| 175.40 | 177.24 | 170.02 | 171.06 | 76,117 |
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Tesla Trading Date Momentum on January 31, 2024
| On February 01 2024 Tesla Inc was traded for 171.06 at the closing time. The highest price during the trading period was 177.24 and the lowest recorded bid was listed for 170.02 . The volume for the day was 76.1 K. This history from February 1, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.36% . The trading price change to the current price is 2.29% . |
Tesla Inc Fundamentals Correlations and Trends
By evaluating Tesla'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 Tesla's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tesla financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tesla Stock history
Tesla 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 Tesla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tesla Inc 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 Tesla stock prices may prove useful in developing a viable investing in Tesla
Tesla Stock Technical Analysis
Tesla technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Tesla Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Tesla December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Tesla stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tesla shares will generate the highest return on investment. By undertsting and applying Tesla stock market strength indicators, traders can identify Tesla Inc entry and exit signals to maximize returns
Tesla Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tesla's price direction in advance. Along with the technical and fundamental analysis of Tesla Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tesla 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 | 0.1829 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | 0.3292 | |||
| Sortino Ratio | 0.3411 | |||
| Treynor Ratio | (2.33) |
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| Volume Indicators |
Additional Tools for Tesla Stock Analysis
When running Tesla's price analysis, check to measure Tesla's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tesla is operating at the current time. Most of Tesla's value examination focuses on studying past and present price action to predict the probability of Tesla's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tesla's price. Additionally, you may evaluate how the addition of Tesla to your portfolios can decrease your overall portfolio volatility.