Axs Tsla Bear Etf Market Value
| TSLQ Etf | USD 17.83 0.03 0.17% |
| Symbol | AXS |
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.
AXS TSLA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to AXS TSLA's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of AXS TSLA.
| 10/25/2025 |
| 01/23/2026 |
If you would invest 0.00 in AXS TSLA on October 25, 2025 and sell it all today you would earn a total of 0.00 from holding AXS TSLA Bear or generate 0.0% return on investment in AXS TSLA over 90 days. AXS TSLA is related to or competes with Direxion Daily, Innovator Equity, Innovator, Innovator Laddered, American Century, Invesco Dynamic, and Innovator. Under normal market circumstances, the adviser will maintain at least 80 percent exposure to financial instruments that ... More
AXS TSLA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AXS TSLA's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess AXS TSLA Bear upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 26.72 | |||
| Value At Risk | (8.21) | |||
| Potential Upside | 9.11 |
AXS TSLA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AXS TSLA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AXS TSLA's standard deviation. In reality, there are many statistical measures that can use AXS TSLA historical prices to predict the future AXS TSLA's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.1311 | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 0.0456 |
AXS TSLA January 23, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 0.0556 | |||
| Mean Deviation | 4.34 | |||
| Coefficient Of Variation | (4,805) | |||
| Standard Deviation | 5.45 | |||
| Variance | 29.69 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.1311 | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 0.0456 | |||
| Maximum Drawdown | 26.72 | |||
| Value At Risk | (8.21) | |||
| Potential Upside | 9.11 | |||
| Skewness | 0.1448 | |||
| Kurtosis | (0.28) |
AXS TSLA Bear Backtested Returns
AXS TSLA Bear secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the etf had a close to zero % return per unit of risk over the last 3 months. AXS TSLA Bear exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AXS TSLA's risk adjusted performance of (0.01), and Mean Deviation of 4.34 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of -2.71, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning AXS TSLA are expected to decrease by larger amounts. On the other hand, during market turmoil, AXS TSLA is expected to outperform it.
Auto-correlation | 0.22 |
Weak predictability
AXS TSLA Bear has weak predictability. Overlapping area represents the amount of predictability between AXS TSLA time series from 25th of October 2025 to 9th of December 2025 and 9th of December 2025 to 23rd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AXS TSLA Bear price movement. The serial correlation of 0.22 indicates that over 22.0% of current AXS TSLA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1.92 |
Pair Trading with AXS TSLA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AXS TSLA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AXS TSLA will appreciate offsetting losses from the drop in the long position's value.Moving together with AXS Etf
| 0.65 | SH | ProShares Short SP500 | PairCorr |
| 0.68 | SPXU | ProShares UltraPro Short | PairCorr |
| 0.68 | SDS | ProShares UltraShort | PairCorr |
Moving against AXS Etf
| 0.73 | KONG | Formidable Fortress ETF | PairCorr |
| 0.7 | TOT | Advisor Managed Port | PairCorr |
| 0.63 | FB | ProShares Trust ProShares | PairCorr |
| 0.54 | PCS | PGIM Corporate Bond | PairCorr |
| 0.47 | CEF | Sprott Physical Gold | PairCorr |
The ability to find closely correlated positions to AXS TSLA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AXS TSLA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AXS TSLA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AXS TSLA Bear to buy it.
The correlation of AXS TSLA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AXS TSLA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AXS TSLA Bear moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AXS TSLA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out AXS TSLA Correlation, AXS TSLA Volatility and AXS TSLA Alpha and Beta module to complement your research on AXS TSLA. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.