Axs Tsla Bear Etf Price on December 2, 2024
| TSLQ Etf | USD 27.72 3.62 11.55% |
If you're considering investing in AXS Etf, it is important to understand the factors that can impact its price. As of today, the current price of AXS TSLA stands at 27.72, as last reported on the 11th of December 2024, with the highest price reaching 31.18 and the lowest price hitting 27.72 during the day. AXS TSLA is out of control given 3 months investment horizon. AXS TSLA Bear secures Sharpe Ratio (or Efficiency) of 0.091, which signifies that the etf had a 0.091% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 5.99% are justified by taking the suggested risk. Use AXS TSLA risk adjusted performance of 0.0745, and Mean Deviation of 16.48 to evaluate company specific risk that cannot be diversified away.
AXS Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
AXS |
Sharpe Ratio = 0.091
| Best Portfolio | Best Equity | TSLQ | ||
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Estimated Market Risk
| 65.82 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average AXS TSLA is performing at about 7% 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 AXS TSLA by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 1.1 M |
AXS TSLA Valuation on December 2, 2024
It is possible to determine the worth of AXS TSLA on a given historical date. On December 2, 2024 AXS was worth 41.26 at the beginning of the trading date compared to the closed value of 40.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AXS TSLA etf. Still, in general, we apply an absolute valuation method to find AXS TSLA'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 AXS TSLA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AXS TSLA's related companies.
| Open | High | Low | Close | Volume | |
| 45.50 | 45.87 | 43.02 | 43.05 | 1,250,710 | |
12/02/2024 | 41.26 | 41.52 | 39.35 | 40.07 | 2,430,683 |
| 41.35 | 42.13 | 40.43 | 41.41 | 1,933,305 |
| Backtest AXS TSLA | | | AXS TSLA History | | | AXS TSLA Valuation | Previous | Next |
AXS TSLA Trading Date Momentum on December 2, 2024
| On December 03 2024 AXS TSLA Bear was traded for 41.41 at the closing time. The top price for the day was 42.13 and the lowest listed price was 40.43 . The trading volume for the day was 1.9 M. The trading history from December 3, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 3.34% . The overall trading delta against the current closing price is 25.03% . |
About AXS TSLA Etf history
AXS TSLA 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 AXS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AXS TSLA Bear 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 AXS TSLA stock prices may prove useful in developing a viable investing in AXS TSLA
Under normal market circumstances, the adviser will maintain at least 80 percent exposure to financial instruments that provide inverse exposure to the daily performance of TSLA. Axs Tsla is traded on NASDAQ Exchange in the United States.
AXS TSLA Etf Technical Analysis
AXS TSLA technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
AXS TSLA Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
AXS TSLA Bear cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
AXS TSLA December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how AXS TSLA etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AXS TSLA shares will generate the highest return on investment. By undertsting and applying AXS TSLA etf market strength indicators, traders can identify AXS TSLA Bear entry and exit signals to maximize returns
AXS TSLA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AXS TSLA's price direction in advance. Along with the technical and fundamental analysis of AXS Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of AXS 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 | 0.0745 | |||
| Jensen Alpha | 6.98 | |||
| Total Risk Alpha | (4.48) | |||
| Sortino Ratio | 0.4903 | |||
| Treynor Ratio | (0.56) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AXS TSLA Bear. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of AXS TSLA Bear is measured differently than its book value, which is the value of AXS that is recorded on the company's balance sheet. Investors also form their own opinion of AXS TSLA's value that differs from its market value or its book value, called intrinsic value, which is AXS TSLA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AXS TSLA's market value can be influenced by many factors that don't directly affect AXS TSLA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AXS TSLA's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXS TSLA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXS TSLA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.