|Tesla Inc -- USA Stock|| |
USD 343.45 5.56 1.65%
On a scale of 0 to 100 Tesla holds performance score of 19. The entity has beta of 0.5465 which indicates as returns on market increase, Tesla returns are expected to increase less than the market. However during bear market, the loss on holding Tesla will be expected to be smaller as well.. Although it is vital to follow to Tesla Inc
current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. We have found twenty-one technical indicators
for Tesla Inc which you can use to evaluate performance of the company. Please operates Tesla Jensen Alpha
, Potential Upside
as well as the relationship
between Potential Upside and Skewness
to make a quick decision on weather Tesla Inc existing price patterns
Tesla Inc Relative Risk vs. Return Landscape
If you would invest 30,874
in Tesla Inc on November 18, 2017
and sell it today you would earn a total of 3,471
from holding Tesla Inc or generate 11.24%
return on investment over 30
days. Tesla Inc is currenly generating 0.5503% of daily expected returns and assumes 1.8529% risk (volatility on return distribution) over the 30 days horizon. In different words, 17% of equities are less volatile than Tesla Inc and 90% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, Tesla Inc is expected to generate 4.02 times more return on investment than the market. However, the company is 4.02 times more volatile than its market benchmark. It trades about 0.3 of its potential returns per unit of risk. The DOW is currently generating roughly 0.55 per unit of risk.
Tesla Daily Price Distribution
The median price of Tesla for the period between Sat, Nov 18, 2017 and Mon, Dec 18, 2017 is 315.05 with a coefficient of variation of 3.83. The daily time series for the period is distributed with a sample standard deviation of 12.17, arithmetic mean of 317.71, and mean deviation of 9.26. The Stock did not receive any noticable media coverage during the period.