Axs Tsla Bear Etf Performance
| TSLQ Etf | USD 6.92 0.58 7.73% |
The etf shows a Beta (market volatility) of -4.74, 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.
Risk-Adjusted Performance
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Over the last 90 days AXS TSLA Bear has generated negative risk-adjusted returns adding no value to investors with long positions. Even with uncertain performance in the last few months, the Etf's essential indicators remain relatively invariable which may send shares a bit higher in December 2024. The latest agitation may also be a sign of long-running up-swing for the ETF retail investors. ...more
1 | When Moves Investors should Listen - Stock Traders Daily | 11/15/2024 |
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AXS TSLA Relative Risk vs. Return Landscape
If you would invest 2,964 in AXS TSLA Bear on August 26, 2024 and sell it today you would lose (2,272) from holding AXS TSLA Bear or give up 76.65% of portfolio value over 90 days. AXS TSLA Bear is currently does not generate positive expected returns and assumes 9.3507% risk (volatility on return distribution) over the 90 days horizon. In different words, 83% of etfs are less volatile than AXS, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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AXS TSLA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AXS TSLA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as AXS TSLA Bear, and traders can use it to determine the average amount a AXS TSLA'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 = -0.1825
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| Negative Returns | TSLQ |
Estimated Market Risk
| 9.35 actual daily | 83 83% of assets are less volatile |
Expected Return
| -1.71 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AXS TSLA is not performing at its full potential. However, 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 AXS TSLA to a well-diversified portfolio.
AXS TSLA Fundamentals Growth
AXS Etf prices reflect investors' perceptions of the future prospects and financial health of AXS TSLA, and AXS TSLA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on AXS Etf performance.
| Total Asset | 59.44 M | |||
About AXS TSLA Performance
Assessing AXS TSLA's fundamental ratios provides investors with valuable insights into AXS TSLA's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the AXS TSLA is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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 Bear generated a negative expected return over the last 90 days | |
| AXS TSLA Bear has high historical volatility and very poor performance | |
| Latest headline from news.google.com: When Moves Investors should Listen - Stock Traders Daily | |
| The fund maintains all of the assets in different exotic instruments |
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.