T Rex 2x Long Etf Price on November 14, 2024
| TSLT Etf | 43.42 4.58 11.79% |
If you're considering investing in TSLT Etf, it is important to understand the factors that can impact its price. As of today, the current price of T REX stands at 43.42, as last reported on the 12th of December 2024, with the highest price reaching 43.46 and the lowest price hitting 39.12 during the day. T REX is not too volatile given 3 months investment horizon. T REX 2X owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the etf had a 0.23% return per unit of standard deviation 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 2.1% are justified by taking the suggested risk. Use T REX 2X Risk Adjusted Performance of 0.1728, market risk adjusted performance of 0.5506, and Downside Deviation of 5.92 to evaluate company specific risk that cannot be diversified away.
TSLT Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
TSLT |
Sharpe Ratio = 0.2259
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | TSLT | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 9.28 actual daily | 82 82% of assets are less volatile |
Expected Return
| 2.1 actual daily | 41 59% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average T REX 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 T REX by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 1.1 M | Market Capitalisation {Big=0, Small=0, Mega=82.99595, Medium=0, Micro=0} |
Related Headline
Franklin International Headline on 14th of November 2024
5-Star ETFs Poised to Pop WisdomTree SmallCap Dividend - AOL by news.google.com
5-Star ETFs Poised to Pop WisdomTree SmallCap Dividend AOL
T REX Valuation on November 14, 2024
It is possible to determine the worth of T REX on a given historical date. On November 14, 2024 TSLT was worth 26.7 at the beginning of the trading date compared to the closed value of 23.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of T REX etf. Still, in general, we apply an absolute valuation method to find T REX'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 T REX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against T REX's related companies.
| Open | High | Low | Close | Volume | |
| 28.12 | 29.47 | 25.91 | 27.17 | 7,609,473 | |
11/14/2024 | 26.70 | 27.08 | 23.87 | 23.99 | 8,615,678 |
| 23.88 | 26.03 | 23.68 | 25.49 | 5,901,282 |
| Backtest T REX | | | T REX History | | | T REX Valuation | Previous | Next |
T REX Trading Date Momentum on November 14, 2024
| On November 15 2024 T REX 2X Long was traded for 25.49 at the closing time. The top price for the day was 26.03 and the lowest listed price was 23.68 . The trading volume for the day was 5.9 M. The trading history from November 15, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 6.25% . The trading price change against the current closing price is 32.81% . |
About T REX Etf history
T REX 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 TSLT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in T REX 2X 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 T REX stock prices may prove useful in developing a viable investing in T REX
T REX Etf Technical Analysis
T REX 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
T REX Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
T REX 2X Long 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.
T REX December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how T REX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading T REX shares will generate the highest return on investment. By undertsting and applying T REX etf market strength indicators, traders can identify T REX 2X Long entry and exit signals to maximize returns
T REX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for T REX's price direction in advance. Along with the technical and fundamental analysis of TSLT Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of TSLT 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 | 0.1728 | |||
| Jensen Alpha | 1.61 | |||
| Total Risk Alpha | 0.6059 | |||
| Sortino Ratio | 0.3256 | |||
| Treynor Ratio | 0.5406 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T REX 2X Long. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of T REX 2X is measured differently than its book value, which is the value of TSLT that is recorded on the company's balance sheet. Investors also form their own opinion of T REX's value that differs from its market value or its book value, called intrinsic value, which is T REX'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 T REX's market value can be influenced by many factors that don't directly affect T REX'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 T REX's value and its price as these two are different measures arrived at by different means. Investors typically determine if T REX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T REX'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.