TSLT 📈 T-REX 2X Long Tesla Daily - Overview
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • • Trading--Leveraged Equity
TSLT: Stocks, Swaps, Financial Derivatives
The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to TSLA equal to at least 80% of its net assets (plus any borrowings for investment purposes). The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in TSLA that is equal, on a daily basis, to 200% of the value of the fund's net assets. The fund is non-diversified.
Additional Sources for TSLT ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
TSLT ETF Overview
| Market Cap in USD | 648m |
| Category | Trading--Leveraged Equity |
| TER | 1.05% |
| IPO / Inception | 2023-10-18 |
TSLT ETF Ratings
| Growth 5y | 58.4% |
| Fundamental | - |
| Dividend | - |
| Rel. Strength Industry | 165 |
| Analysts | - |
| Fair Price Momentum | 36.92 USD |
| Fair Price DCF | - |
TSLT Dividends
No Dividends PaidTSLT Growth Ratios
| Growth Correlation 3m | 82.9% |
| Growth Correlation 12m | 39.3% |
| Growth Correlation 5y | 4.7% |
| CAGR 5y | 82.97% |
| CAGR/Mean DD 5y | 2.21 |
| Sharpe Ratio 12m | 0.96 |
| Alpha | -31.17 |
| Beta | 4.22 |
| Volatility | 148.23% |
| Current Volume | 4740.6k |
| Average Volume 20d | 4429.6k |
What is the price of TSLT stocks?
As of December 22, 2024, the stock is trading at USD 41.71 with a total of 4,740,596 shares traded.
Over the past week, the price has changed by +6.95%, over one month by +52.60%, over three months by +171.21% and over the past year by +69.71%.
As of December 22, 2024, the stock is trading at USD 41.71 with a total of 4,740,596 shares traded.
Over the past week, the price has changed by +6.95%, over one month by +52.60%, over three months by +171.21% and over the past year by +69.71%.
Is T-REX 2X Long Tesla Daily a good stock to buy?
Partly, yes. Based on ValueRay Analyses, T-REX 2X Long Tesla Daily (NASDAQ:TSLT) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 58.40 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TSLT as of December 2024 is 36.92. This means that TSLT is currently overvalued and has a potential downside of -11.48%.
Partly, yes. Based on ValueRay Analyses, T-REX 2X Long Tesla Daily (NASDAQ:TSLT) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 58.40 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TSLT as of December 2024 is 36.92. This means that TSLT is currently overvalued and has a potential downside of -11.48%.
Is TSLT a buy, sell or hold?
T-REX 2X Long Tesla Daily has no consensus analysts rating.
T-REX 2X Long Tesla Daily has no consensus analysts rating.
What are the forecast for TSLT stock price target?
According to ValueRays Forecast Model, TSLT T-REX 2X Long Tesla Daily will be worth about 44.3 in December 2025. The stock is currently trading at 41.71. This means that the stock has a potential upside of +6.21%.
According to ValueRays Forecast Model, TSLT T-REX 2X Long Tesla Daily will be worth about 44.3 in December 2025. The stock is currently trading at 41.71. This means that the stock has a potential upside of +6.21%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 44.3 | 6.2% |