Tesla Performance

Tesla Inc -- USA Stock  

USD 345.1  6.71  1.91%

Macroaxis gives Tesla performance score of 0 on a scale of 0 to 100. The entity has beta of 2.1397 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Tesla will likely underperform.. Even though it is essential to pay attention to Tesla Inc current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Tesla Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Tesla Inc has expected return of -0.2967%. Please be advised to validate Tesla Jensen Alpha, Potential Upside as well as the relationship between Potential Upside and Skewness to decide if Tesla Inc past performance will be repeated at some point in the near future.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  37,391  in Tesla Inc on September 20, 2017 and sell it today you would lose (2,598)  from holding Tesla Inc or give up 6.95% of portfolio value over 30 days. Tesla Inc is currenly does not generate positive expected returns and assumes 1.8172% risk (volatility on return distribution) over the 30 days horizon. In different words, 17% of equities are less volatile than Tesla Inc and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Tesla Inc is expected to under-perform the market. In addition to that, the company is 7.72 times more volatile than its market benchmark. It trades about -0.16 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.52 per unit of volatility.

Tesla Daily Price Distribution

The median price of Tesla for the period between Wed, Sep 20, 2017 and Fri, Oct 20, 2017 is 351.81 with a coefficient of variation of 2.04. The daily time series for the period is distributed with a sample standard deviation of 7.16, arithmetic mean of 350.62, and mean deviation of 6.0. The Stock received some media coverage during the period.

Risk-Adjusted Performance

Over the last 30 days Tesla Inc has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

Tesla Sharpe Ratio = -0.1633
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Estimated Market Risk

  actual daily
 83 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 1 %
of total potential
Based on monthly moving average Tesla is performing at about 0% of its full potential. 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 Tesla by adding it to a well-diversified portfolio.