Themes Airlines Financials
| AIRL Etf | 30.68 0.27 0.87% |
Net Expense Ratio 0.0035 |
Themes |
The data published in Themes Airlines' official financial statements typically reflect Themes Airlines' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Themes Airlines' quantitative information. For example, before you start analyzing numbers published by Themes accountants, it's essential to understand Themes Airlines' liquidity, profitability, and earnings quality within the context of the Miscellaneous Sector space in which it operates.
Themes Airlines Etf Summary
Themes Airlines competes with Ultimus Managers, American Beacon, First Trust, Direxion Daily, and EA Series. Themes Airlines is entity of United States. It is traded as Etf on NASDAQ exchange.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 882927106 |
| Region | Global |
| Investment Issuer | Themes |
| Fund Category | Sector |
| Portfolio Concentration | Industrials |
| Benchmark | Dow Jones Industrial |
Themes Airlines ETF Systematic Risk
Themes Airlines' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Themes Airlines volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Themes Airlines ETF correlated with the market. If Beta is less than 0 Themes Airlines generally moves in the opposite direction as compared to the market. If Themes Airlines Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Themes Airlines ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Themes Airlines is generally in the same direction as the market. If Beta > 1 Themes Airlines moves generally in the same direction as, but more than the movement of the benchmark.
Themes Airlines Thematic Clasifications
Themes Airlines ETF is part of several thematic ideas from Sector ETFs to Industrials ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasThemes Airlines February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Themes Airlines help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Themes Airlines ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Themes Airlines ETF based on widely used predictive technical indicators. In general, we focus on analyzing Themes Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Themes Airlines's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9552 | |||
| Information Ratio | 0.1029 | |||
| Maximum Drawdown | 4.61 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 1.9 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Themes Airlines ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Themes Airlines ETF is measured differently than its book value, which is the value of Themes that is recorded on the company's balance sheet. Investors also form their own opinion of Themes Airlines' value that differs from its market value or its book value, called intrinsic value, which is Themes Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Themes Airlines' market value can be influenced by many factors that don't directly affect Themes Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Themes Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Airlines' 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.