Themes Gold Miners Etf Market Value
| AUMI Etf | 96.28 0.12 0.12% |
| Symbol | Themes |
The market value of Themes Gold 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is Themes Gold'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 Gold's market value can be influenced by many factors that don't directly affect Themes Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Gold'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.
Themes Gold 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Themes Gold's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Themes Gold.
| 12/12/2025 |
| 01/11/2026 |
If you would invest 0.00 in Themes Gold on December 12, 2025 and sell it all today you would earn a total of 0.00 from holding Themes Gold Miners or generate 0.0% return on investment in Themes Gold over 30 days. Themes Gold is related to or competes with Global X, Franklin FTSE, First Trust, Sprott Junior, PGIM ETF, VanEck Robotics, and Neuberger Berman. Themes Gold is entity of United States. It is traded as Etf on NASDAQ exchange. More
Themes Gold Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Themes Gold's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Themes Gold Miners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.69 | |||
| Information Ratio | 0.0658 | |||
| Maximum Drawdown | 14.92 | |||
| Value At Risk | (5.17) | |||
| Potential Upside | 4.43 |
Themes Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Themes Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Themes Gold's standard deviation. In reality, there are many statistical measures that can use Themes Gold historical prices to predict the future Themes Gold's volatility.| Risk Adjusted Performance | 0.0795 | |||
| Jensen Alpha | 0.1829 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0543 | |||
| Treynor Ratio | 0.2355 |
Themes Gold Miners Backtested Returns
Themes Gold appears to be very steady, given 3 months investment horizon. Themes Gold Miners owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0903, which indicates the etf had a 0.0903 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Themes Gold Miners, which you can use to evaluate the volatility of the etf. Please review Themes Gold's Risk Adjusted Performance of 0.0795, semi deviation of 3.01, and Coefficient Of Variation of 1034.17 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.21, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Themes Gold will likely underperform.
Auto-correlation | 0.81 |
Very good predictability
Themes Gold Miners has very good predictability. Overlapping area represents the amount of predictability between Themes Gold time series from 12th of December 2025 to 27th of December 2025 and 27th of December 2025 to 11th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Themes Gold Miners price movement. The serial correlation of 0.81 indicates that around 81.0% of current Themes Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 5.37 |
Themes Gold Miners lagged returns against current returns
Autocorrelation, which is Themes Gold etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Themes Gold's etf expected returns. We can calculate the autocorrelation of Themes Gold returns to help us make a trade decision. For example, suppose you find that Themes Gold has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Themes Gold regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Themes Gold etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Themes Gold etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Themes Gold etf over time.
Current vs Lagged Prices |
| Timeline |
Themes Gold Lagged Returns
When evaluating Themes Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Themes Gold etf have on its future price. Themes Gold autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Themes Gold autocorrelation shows the relationship between Themes Gold etf current value and its past values and can show if there is a momentum factor associated with investing in Themes Gold Miners.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Themes Gold 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 Gold'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 Gold Miners Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Themes Gold Miners Etf:Check out Themes Gold Correlation, Themes Gold Volatility and Themes Gold Alpha and Beta module to complement your research on Themes Gold. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Themes Gold 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.