(TSLT) T-REX 2X Long Tesla Daily - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • • Trading--Leveraged Equity
TSLT: Stocks, Swaps, Financial Derivatives
The T-REX 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) is a leveraged equity ETF designed to provide 200% daily exposure to Tesla, Inc. (TSLA). Under normal conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in swap agreements with major global financial institutions. These swaps are structured to deliver twice the daily return of TSLA, enabling investors to amplify their exposure to Teslas stock performance. The fund is non-diversified, meaning it can concentrate its investments in a limited number of securities, and its strategy involves daily rebalancing to maintain its 2x leverage.
From a technical standpoint, TSLT is currently trading at $17.05, below its 20-day SMA of $27.48 and 50-day SMA of $35.38, indicating bearish momentum. The 200-day SMA of $21.53 suggests longer-term downside pressure. Average daily volume over the past 20 days is approximately 3.26 million shares, with an ATR of $3.50, reflecting moderate volatility. Key resistance levels are at $18.1, $30.1, $38.7, and $50.2, while the primary support level is at $10.9.
Over the next three months, TSLT is expected to remain highly volatile, with price action influenced by broader market conditions and TSLAs performance. Based on current technical indicators, the fund may face resistance at $18.1 and $30.1, with potential downside risk if it fails to breach these levels. Support at $10.9 could act as a floor, but a breakdown below this level may signal further weakness. The funds AUM of $389.76 million reflects moderate investor interest, but its leveraged nature makes it sensitive to sharp market movements. Investors should monitor the 20-day and 50-day SMAs for signs of trend reversal or continuation.
Additional Sources for TSLT ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
TSLT ETF Overview
Market Cap in USD | 304m |
Category | Trading--Leveraged Equity |
TER | 1.05% |
IPO / Inception | 2023-10-18 |
TSLT ETF Ratings
Growth 5y | -7.54% |
Fundamental | - |
Dividend | 0.0% |
Rel. Strength Industry | 18.4 |
Analysts | - |
Fair Price Momentum | 9.19 USD |
Fair Price DCF | - |
TSLT Dividends
No Dividends PaidTSLT Growth Ratios
Growth Correlation 3m | -95.2% |
Growth Correlation 12m | 78.6% |
Growth Correlation 5y | 28.7% |
CAGR 5y | -29.27% |
CAGR/Max DD 5y | -0.36 |
Sharpe Ratio 12m | -0.20 |
Alpha | -9.77 |
Beta | 5.49 |
Volatility | 150.63% |
Current Volume | 4729k |
Average Volume 20d | 5331.9k |
As of March 15, 2025, the stock is trading at USD 12.61 with a total of 4,728,954 shares traded.
Over the past week, the price has changed by -13.61%, over one month by -54.40%, over three months by -75.40% and over the past year by +30.08%.
Neither. Based on ValueRay Analyses, T-REX 2X Long Tesla Daily is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -7.54 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TSLT as of March 2025 is 9.19. This means that TSLT is currently overvalued and has a potential downside of -27.12%.
T-REX 2X Long Tesla Daily has no consensus analysts rating.
According to ValueRays Forecast Model, TSLT T-REX 2X Long Tesla Daily will be worth about 11 in March 2026. The stock is currently trading at 12.61. This means that the stock has a potential downside of -12.53%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 11 | -12.5% |