IncomeShares Tesla (UK) Performance
| TSLI Etf | 9.47 0.10 1.07% |
The etf retains a Market Volatility (i.e., Beta) of 1.06, which attests to a somewhat significant risk relative to the market. IncomeShares Tesla returns are very sensitive to returns on the market. As the market goes up or down, IncomeShares Tesla is expected to follow.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in IncomeShares Tesla TSLA are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady basic indicators, IncomeShares Tesla unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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IncomeShares Tesla Relative Risk vs. Return Landscape
If you would invest 838.00 in IncomeShares Tesla TSLA on September 13, 2024 and sell it today you would earn a total of 109.00 from holding IncomeShares Tesla TSLA or generate 13.01% return on investment over 90 days. IncomeShares Tesla TSLA is generating 0.2187% of daily returns and assumes 2.4917% volatility on return distribution over the 90 days horizon. Simply put, 22% of etfs are less volatile than IncomeShares, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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IncomeShares Tesla Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IncomeShares Tesla's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IncomeShares Tesla TSLA, and traders can use it to determine the average amount a IncomeShares Tesla's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0878
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Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average IncomeShares Tesla is performing at about 6% 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 IncomeShares Tesla by adding it to a well-diversified portfolio.