Themes Silver Miners Etf Beta
| AGMI Etf | 27.99 0.21 0.74% |
Themes Silver Miners fundamentals help investors to digest information that contributes to Themes Silver's financial success or failures. It also enables traders to predict the movement of Themes Etf. The fundamental analysis module provides a way to measure Themes Silver's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Themes Silver etf.
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Themes Silver Miners ETF Beta Analysis
Themes Silver's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Themes Silver Miners has a Beta of 0.0. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Equity Precious Metals (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Themes Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Themes Silver's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Themes Silver could also be used in its relative valuation, which is a method of valuing Themes Silver by comparing valuation metrics of similar companies.Themes Silver is currently under evaluation in beta as compared to similar ETFs.
About Themes Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Themes Silver Miners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Themes Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Themes Silver Miners based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Themes Silver Miners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Themes Silver's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Themes Silver Miners Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Themes Silver Miners Etf:Check out Themes Silver Piotroski F Score and Themes Silver Altman Z Score analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Themes Silver Miners 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 Silver's value that differs from its market value or its book value, called intrinsic value, which is Themes Silver'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 Silver's market value can be influenced by many factors that don't directly affect Themes Silver'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 Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Silver'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.