Themes Cybersecurity Etf Price on September 3, 2024
| SPAM Etf | 30.45 0.15 0.50% |
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 Cybersecurity stands at 30.45, as last reported on the 1st of December, with the highest price reaching 30.45 and the lowest price hitting 30.35 during the day. As of now, Themes Etf is very steady. Themes Cybersecurity ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the etf had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Themes Cybersecurity ETF, which you can use to evaluate the volatility of the etf. Please validate Themes Cybersecurity's Risk Adjusted Performance of 0.075, semi deviation of 1.18, and Coefficient Of Variation of 1071.99 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
Themes Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Themes |
Sharpe Ratio = 0.118
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| Cash | SPAM | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Themes Cybersecurity is performing at about 9% 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 Cybersecurity by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 7.6 K |
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Themes Cybersecurity Valuation on September 3, 2024
It is possible to determine the worth of Themes Cybersecurity on a given historical date. On September 3, 2024 Themes was worth 28.49 at the beginning of the trading date compared to the closed value of 27.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Themes Cybersecurity etf. Still, in general, we apply an absolute valuation method to find Themes Cybersecurity'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 Cybersecurity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Themes Cybersecurity's related companies.
| Open | High | Low | Close | Volume | |
| 28.37 | 28.62 | 28.35 | 28.62 | 619.00 | |
09/03/2024 | 28.49 | 28.49 | 27.96 | 27.96 | 914.00 |
| 27.61 | 27.65 | 27.60 | 27.65 | 498.00 |
| Backtest Themes Cybersecurity | | | Themes Cybersecurity History | | | Themes Cybersecurity Valuation | Previous | Next |
Themes Cybersecurity Trading Date Momentum on September 3, 2024
| On September 04 2024 Themes Cybersecurity ETF was traded for 27.65 at the closing time. The top price for the day was 27.65 and the lowest listed price was 27.60 . The trading volume for the day was 498. The trading history from September 4, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.11% . The trading price change against the current closing price is 0.93% . |
About Themes Cybersecurity Etf history
Themes Cybersecurity 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 Cybersecurity ETF 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 Cybersecurity stock prices may prove useful in developing a viable investing in Themes Cybersecurity
Themes Cybersecurity Etf Technical Analysis
Themes Cybersecurity 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 Cybersecurity Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Themes Cybersecurity ETF 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 Cybersecurity December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Themes Cybersecurity 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 Cybersecurity shares will generate the highest return on investment. By undertsting and applying Themes Cybersecurity etf market strength indicators, traders can identify Themes Cybersecurity ETF entry and exit signals to maximize returns
Themes Cybersecurity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Themes Cybersecurity'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 | 0.075 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0837 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Themes Cybersecurity 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 nation. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Themes Cybersecurity 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 Cybersecurity's value that differs from its market value or its book value, called intrinsic value, which is Themes Cybersecurity'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 Cybersecurity's market value can be influenced by many factors that don't directly affect Themes Cybersecurity'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 Cybersecurity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Cybersecurity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Cybersecurity'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.