AXS TSLA is selling at 7.38 as of the 21st of November 2024; that is 2.22 percent increase since the beginning of the trading day. The etf's last reported lowest price was 7.19. AXS TSLA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for AXS TSLA Bear are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.
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. More on AXS TSLA Bear
UMB Fund Services, Inc., Mutual Fund Administration, LLC
Advisor
AXS Investments LLC
Custodian
Brown Brothers Harriman & Co.
Distributor
ALPS Distributors, Inc.
Portfolio Manager
Travis Trampe, Parker Binion
Transfer Agent
Brown Brothers Harriman & Co.
Fiscal Year End
31-Mar
Exchange
NASDAQ
Number of Constituents
5.0
Market Maker
IMC
Total Expense
1.57
Management Fee
0.95
200 Day M A
30.3917
Country Name
USA
50 Day M A
18.5824
Code
TSLQ
Updated At
20th of November 2024
Returns Y T D
(74.18)
Name
AXS TSLA Bear Daily ETF
Currency Name
US Dollar
Currency Code
USD
Open Figi
BBG018RBQS98
Type
ETF
1y Volatility
59.71
AXS TSLA Bear [TSLQ] is traded in USA and was established 2022-07-13. The fund is listed under Trading--Inverse Equity category and is part of AXS family. The entity is thematically classified as Strategy ETFs. AXS TSLA Bear at this time have 59.44 M in assets. , while the total return for the last year was -75.6%.
Check AXS TSLA Probability Of Bankruptcy
AXS TSLA Bear Risk Profiles
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 AXS TSLA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether AXS TSLA Bear 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 AXS 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 Axs Tsla Bear Etf. Highlighted below are key reports to facilitate an investment decision about Axs Tsla Bear Etf:
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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.