Themes Airlines Etf Performance
| AIRL Etf | 29.53 0.11 0.37% |
The entity has a beta of 0.84, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Themes Airlines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Themes Airlines is expected to be smaller as well.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Themes Airlines ETF are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Themes Airlines disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Airlines ETF Hits New 52-Week High - Yahoo Finance | 11/04/2024 |
Themes |
Themes Airlines Relative Risk vs. Return Landscape
If you would invest 2,399 in Themes Airlines ETF on September 4, 2024 and sell it today you would earn a total of 554.00 from holding Themes Airlines ETF or generate 23.09% return on investment over 90 days. Themes Airlines ETF is currently generating 0.3312% in daily expected returns and assumes 1.113% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Themes, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Themes Airlines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Themes Airlines' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Themes Airlines ETF, and traders can use it to determine the average amount a Themes Airlines' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2976
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Themes Airlines is performing at about 23% 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 Airlines by adding it to a well-diversified portfolio.
About Themes Airlines Performance
By examining Themes Airlines' fundamental ratios, stakeholders can obtain critical insights into Themes Airlines' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Themes Airlines is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Themes Airlines is entity of United States. It is traded as Etf on NASDAQ exchange.