Themes Uranium Nuclear Etf Price on December 2, 2024
| URAN Etf | 33.24 0.94 2.75% |
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 Uranium stands at 33.24, as last reported on the 3rd of December, with the highest price reaching 34.46 and the lowest price hitting 33.00 during the day. Themes Uranium appears to be very steady, given 3 months investment horizon. Themes Uranium Nuclear 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 Uranium Nuclear, which you can use to evaluate the volatility of the etf. Please review Themes Uranium's Coefficient Of Variation of 627.22, risk adjusted performance of 0.1289, and Semi Deviation of 1.59 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 = 0.1578
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Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Themes Uranium 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 Uranium by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 5.1 K |
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Themes Uranium Valuation on December 2, 2024
It is possible to determine the worth of Themes Uranium on a given historical date. On December 2, 2024 Themes was worth 34.46 at the beginning of the trading date compared to the closed value of 33.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Themes Uranium etf. Still, in general, we apply an absolute valuation method to find Themes Uranium'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 Uranium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Themes Uranium's related companies.
| Open | High | Low | Close | Volume | |
| 33.66 | 34.94 | 33.66 | 34.18 | 10,783 | |
12/02/2024 | 34.46 | 34.46 | 33.00 | 33.24 | 17,686 |
| 34.46 | 34.46 | 33.00 | 33.24 | 0.00 |
| Backtest Themes Uranium | | | Themes Uranium History | | | Themes Uranium Valuation | Previous | Next |
Themes Uranium Trading Date Momentum on December 2, 2024
| On December 03 2024 Themes Uranium Nuclear was traded for 33.24 at the closing time. The top price for the day was 34.46 and the lowest listed price was 33.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 3, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 3.67% . |
About Themes Uranium Etf history
Themes Uranium 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 Uranium Nuclear 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 Uranium stock prices may prove useful in developing a viable investing in Themes Uranium
Themes Uranium Etf Technical Analysis
Themes Uranium 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 Uranium Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Themes Uranium Nuclear cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 Uranium December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Themes Uranium 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 Uranium shares will generate the highest return on investment. By undertsting and applying Themes Uranium etf market strength indicators, traders can identify Themes Uranium Nuclear entry and exit signals to maximize returns
Themes Uranium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Themes Uranium'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 | 0.1289 | |||
| Jensen Alpha | 0.3048 | |||
| Total Risk Alpha | 0.0158 | |||
| Sortino Ratio | 0.1563 | |||
| Treynor Ratio | 0.4536 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Themes Uranium Nuclear. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Themes Uranium Nuclear 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 Uranium's value that differs from its market value or its book value, called intrinsic value, which is Themes Uranium'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 Uranium's market value can be influenced by many factors that don't directly affect Themes Uranium'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 Uranium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Uranium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Uranium'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.