Themes Uranium Nuclear Etf Performance
| URAN Etf | 33.24 0.94 2.75% |
The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. Themes Uranium returns are very sensitive to returns on the market. As the market goes up or down, Themes Uranium is expected to follow.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Themes Uranium Nuclear are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very uncertain basic indicators, Themes Uranium displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Themes |
Themes Uranium Relative Risk vs. Return Landscape
If you would invest 2,754 in Themes Uranium Nuclear on September 3, 2024 and sell it today you would earn a total of 570.00 from holding Themes Uranium Nuclear or generate 20.7% return on investment over 90 days. Themes Uranium Nuclear is currently generating 0.4175% in daily expected returns and assumes 2.6188% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of etfs are less volatile than Themes, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Themes Uranium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Themes Uranium's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Themes Uranium Nuclear, and traders can use it to determine the average amount a Themes Uranium's 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 = 0.1594
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.42 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.
About Themes Uranium Performance
By examining Themes Uranium's fundamental ratios, stakeholders can obtain critical insights into Themes Uranium's 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 Uranium 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 Uranium is entity of United States. It is traded as Etf on BATS exchange.