Tekla Life Sciences Fund Price on May 31, 2018
| XHQLX Fund | USD 15.23 0.19 1.23% |
Below is the normalized historical share price chart for Tekla Life Sciences extending back to November 28, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tekla Life stands at 15.23, as last reported on the 16th of April 2024, with the highest price reaching 15.23 and the lowest price hitting 15.23 during the day.
If you're considering investing in Tekla Mutual Fund, it is important to understand the factors that can impact its price. Tekla Life Sciences owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the fund had a -0.14% return per unit of risk over the last 3 months. Tekla Life Sciences exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tekla Life's Variance of 0.7115, risk adjusted performance of (0.1), and Coefficient Of Variation of (628.63) to confirm the risk estimate we provide.
Tekla Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tekla |
Sharpe Ratio = -0.1368
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| Negative Returns | XHQLX |
Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tekla Life 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 Tekla Life by adding Tekla Life to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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| STETH | Staked Ether | |
| LINK | Chainlink |
About Tekla Life Mutual Fund history
Tekla Life investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tekla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tekla Life Sciences will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tekla Life stock prices may prove useful in developing a viable investing in Tekla Life
Tekla Life Mutual Fund Technical Analysis
Tekla Life technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Tekla Life Period Price Range
Tekla Life April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Tekla Life mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tekla Life shares will generate the highest return on investment. By undertsting and applying Tekla Life mutual fund market strength indicators, traders can identify Tekla Life Sciences entry and exit signals to maximize returns
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 15.23 | |||
| Day Typical Price | 15.23 | |||
| Price Action Indicator | (0.1) | |||
| Period Momentum Indicator | (0.19) |
Tekla Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tekla Life's price direction in advance. Along with the technical and fundamental analysis of Tekla Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tekla to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.19) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Tekla Life Sciences. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Please note, there is a significant difference between Tekla Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tekla Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tekla Life'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.