T Rex 2x Long Etf Profile
| TSLT Etf | 11.52 0.45 4.07% |
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T REX is selling for under 11.52 as of the 7th of May 2024; that is 4.07 percent increase since the beginning of the trading day. The etf's last reported lowest price was 11.2. T REX has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for T REX 2X Long are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of April 2024 and ending today, the 7th of May 2024. Click here to learn more.
TSLT Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. T REX's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding T REX or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Single Stock ETFs (View all Sectors) |
| Issuer | Tuttle Capital Management |
| Inception Date | 2023-10-19 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 307.34 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Single Stock |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Commonwealth Fund Services, Inc. |
| Advisor | Tuttle Capital Management, LLC |
| Custodian | Citibank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Matthew Tuttle |
| Transfer Agent | Citibank, N.A. |
| Fiscal Year End | 31-Jul |
| Exchange | NASDAQ |
| Number of Constituents | 5.0 |
| Market Maker | Flow Traders |
| Total Expense | 1.05 |
| Management Fee | 1.05 |
| Country Name | USA |
| Code | TSLT |
| Updated At | 6th of May 2024 |
| Name | T-REX 2X Long Tesla Daily Target ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01JQWC344 |
| Type | ETF |
T REX 2X Long [TSLT] is traded in USA and was established null. The fund is not categorized under any group at this time. The fund at this time have in assets.
Check T REX Probability Of Bankruptcy
T REX Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of T REX jumping above the current price in 90 days from now is about 52.31%. The T REX 2X Long probability density function shows the probability of T REX etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 3.5583. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, T REX will likely underperform. Additionally, t REX 2X Long has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of T REX to move above the current price in 90 days from now is about 52.31 (This T REX 2X Long probability density function shows the probability of TSLT Etf to fall within a particular range of prices over 90 days) .
T REX 2X Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. T REX market risk premium is the additional return an investor will receive from holding T REX long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in T REX. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although T REX's alpha and beta are two of the key measurements used to evaluate T REX's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0095 | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.78) | |||
| Sortino Ratio | (0.01) |
T REX Against Markets
Picking the right benchmark for T REX etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in T REX etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for T REX is critical whether you are bullish or bearish towards T REX 2X Long at a given time. Please also check how T REX's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in T REX without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy TSLT Etf?
Before investing in T REX, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in T REX. To buy T REX etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of T REX. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase T REX etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located T REX 2X Long etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased T REX 2X Long etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as T REX 2X Long, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy TSLT Etf please use our How to Invest in T REX guide.
Already Invested in T REX 2X Long?
The danger of trading T REX 2X Long is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of T REX is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than T REX. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile T REX 2X is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether T REX 2X is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TSLT Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about T Rex 2x Long Etf. Highlighted below are key reports to facilitate an investment decision about T Rex 2x Long Etf: 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.