Themes Small Cap Etf Price on September 25, 2024
| SMCF Etf | 34.15 0.06 0.18% |
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 Small stands at 34.15, as last reported on the 1st of December, with the highest price reaching 34.30 and the lowest price hitting 34.15 during the day. Themes Small appears to be very steady, given 3 months investment horizon. Themes Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the etf had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for Themes Small Cap, which you can use to evaluate the volatility of the etf. Please review Themes Small's Semi Deviation of 0.5936, risk adjusted performance of 0.1433, and Coefficient Of Variation of 546.78 to confirm if our risk estimates are consistent with your expectations.
Themes Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Themes |
Sharpe Ratio = 0.1829
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Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Themes Small is performing at about 14% 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 Small by adding it to a well-diversified portfolio.
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Themes Small Valuation on September 25, 2024
It is possible to determine the worth of Themes Small on a given historical date. On September 25, 2024 Themes was worth 30.69 at the beginning of the trading date compared to the closed value of 30.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Themes Small etf. Still, in general, we apply an absolute valuation method to find Themes Small'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 Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Themes Small's related companies.
| Open | High | Low | Close | Volume | |
| 31.33 | 31.33 | 30.93 | 30.93 | 367.00 | |
09/25/2024 | 30.69 | 30.69 | 30.46 | 30.46 | 170.00 |
| 30.59 | 30.59 | 30.49 | 30.49 | 101.00 |
| Backtest Themes Small | | | Themes Small History | | | Themes Small Valuation | Previous | Next |
Themes Small Trading Date Momentum on September 25, 2024
| On September 26 2024 Themes Small Cap was traded for 30.49 at the closing time. The top price for the day was 30.59 and the lowest listed price was 30.49 . The trading volume for the day was 101. The trading history from September 26, 2024 was a factor to the next trading day price rise. The trading price change against the next closing price was 0.10% . The trading price change against the current closing price is 1.94% . |
About Themes Small Etf history
Themes Small 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 Small Cap 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 Small stock prices may prove useful in developing a viable investing in Themes Small
Themes Small Etf Technical Analysis
Themes Small 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 Small Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Themes Small Cap 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 Small December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Themes Small 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 Small shares will generate the highest return on investment. By undertsting and applying Themes Small etf market strength indicators, traders can identify Themes Small Cap entry and exit signals to maximize returns
Themes Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Themes Small'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 | 0.1433 | |||
| Jensen Alpha | 0.2037 | |||
| Total Risk Alpha | 0.0088 | |||
| Sortino Ratio | 0.0923 | |||
| Treynor Ratio | 13.18 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Themes Small Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Themes Small Cap 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 Small's value that differs from its market value or its book value, called intrinsic value, which is Themes Small'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 Small's market value can be influenced by many factors that don't directly affect Themes Small'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 Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Small'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.