Themes Global Systemically Etf Price on May 19, 2024
| GSIB Etf | 33.55 0.14 0.42% |
If you're considering investing in Themes Etf, it is important to understand the factors that can impact its price. As of today, the current price of Themes Global stands at 33.55, as last reported on the 3rd of December, with the highest price reaching 33.75 and the lowest price hitting 33.50 during the day. At this point, Themes Global is very steady. Themes Global System owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Themes Global Systemically, which you can use to evaluate the volatility of the etf. Please validate Themes Global's Semi Deviation of 0.8968, coefficient of variation of 800.43, and Risk Adjusted Performance of 0.0981 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
Themes Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Themes |
Sharpe Ratio = 0.162
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Themes Global is performing at about 12% 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 Themes Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 101.4 K |
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Themes Global Valuation on May 19, 2024
It is possible to determine the worth of Themes Global on a given historical date. On May 19, 2024 Themes was worth 30.23 at the beginning of the trading date compared to the closed value of 30.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Themes Global etf. Still, in general, we apply an absolute valuation method to find Themes Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Themes Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Themes Global's related companies.
| Open | High | Low | Close | Volume | |
| 30.16 | 30.16 | 30.14 | 30.14 | 300.00 | |
05/17/2024 | 30.23 | 30.39 | 30.23 | 30.34 | 4,900 |
| 30.47 | 30.47 | 30.18 | 30.18 | 6,500 |
| Backtest Themes Global | | | Themes Global History | | | Themes Global Valuation | Previous | Next |
Themes Global Trading Date Momentum on May 19, 2024
| On May 20 2024 Themes Global Systemically was traded for 30.18 at the closing time. The top price for the day was 30.47 and the lowest listed price was 30.18 . The trading volume for the day was 6.5 K. The trading history from May 20, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.53% . The trading price change against the current closing price is 0.53% . |
About Themes Global Etf history
Themes Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Themes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Themes Global System will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Themes Global stock prices may prove useful in developing a viable investing in Themes Global
Themes Global Etf Technical Analysis
Themes Global technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Themes Global Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Themes Global Systemically cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Themes Global December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Themes Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Themes Global shares will generate the highest return on investment. By undertsting and applying Themes Global etf market strength indicators, traders can identify Themes Global Systemically entry and exit signals to maximize returns
Themes Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Themes Global's price direction in advance. Along with the technical and fundamental analysis of Themes Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Themes to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0981 | |||
| Jensen Alpha | 0.0214 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0055 | |||
| Treynor Ratio | 0.1391 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Themes Global Systemically. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of Themes Global System 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 Global's value that differs from its market value or its book value, called intrinsic value, which is Themes Global's 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 Global's market value can be influenced by many factors that don't directly affect Themes Global's 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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Global's 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.