SavvyLong TSLA's market value is the price at which a share of SavvyLong TSLA trades on a public exchange. It measures the collective expectations of SavvyLong TSLA ETF investors about its performance. SavvyLong TSLA is selling at 22.36 as of the 5th of February 2026; that is 6.99 percent decrease since the beginning of the trading day. The etf's open price was 24.04. With this module, you can estimate the performance of a buy and hold strategy of SavvyLong TSLA ETF and determine expected loss or profit from investing in SavvyLong TSLA over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
Symbol
SavvyLong
SavvyLong 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 SavvyLong 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 SavvyLong TSLA.
0.00
11/07/2025
No Change 0.00
0.0
In 2 months and 31 days
02/05/2026
0.00
If you would invest 0.00 in SavvyLong TSLA on November 7, 2025 and sell it all today you would earn a total of 0.00 from holding SavvyLong TSLA ETF or generate 0.0% return on investment in SavvyLong TSLA over 90 days.
SavvyLong 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 SavvyLong 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 SavvyLong TSLA ETF upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for SavvyLong TSLA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SavvyLong TSLA's standard deviation. In reality, there are many statistical measures that can use SavvyLong TSLA historical prices to predict the future SavvyLong TSLA's volatility.
SavvyLong TSLA ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.038, which indicates the etf had a -0.038 % return per unit of risk over the last 3 months. SavvyLong TSLA ETF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SavvyLong TSLA's Risk Adjusted Performance of (0.04), coefficient of variation of (1,557), and Variance of 29.35 to confirm the risk estimate we provide. The entity has a beta of 1.02, which indicates a somewhat significant risk relative to the market. SavvyLong TSLA returns are very sensitive to returns on the market. As the market goes up or down, SavvyLong TSLA is expected to follow.
Auto-correlation
-0.34
Poor reverse predictability
SavvyLong TSLA ETF has poor reverse predictability. Overlapping area represents the amount of predictability between SavvyLong TSLA time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th of February 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 SavvyLong TSLA ETF price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current SavvyLong TSLA price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.34
Spearman Rank Test
-0.54
Residual Average
0.0
Price Variance
6.57
Pair Trading with SavvyLong 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 SavvyLong 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 SavvyLong TSLA will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to SavvyLong 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 SavvyLong 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 SavvyLong 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 SavvyLong TSLA ETF to buy it.
The correlation of SavvyLong 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 SavvyLong TSLA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SavvyLong TSLA ETF 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 SavvyLong 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.