Thor Financial Technologies Etf Performance
| THLV Etf | USD 29.06 0.03 0.10% |
The entity has a beta of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, THOR Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding THOR Financial is expected to be smaller as well.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in THOR Financial Technologies are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable essential indicators, THOR Financial is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Watch Bloomberg ETF IQ 12092024 - Bloomberg | 12/09/2024 |
THOR |
THOR Financial Relative Risk vs. Return Landscape
If you would invest 2,851 in THOR Financial Technologies on September 13, 2024 and sell it today you would earn a total of 54.55 from holding THOR Financial Technologies or generate 1.91% return on investment over 90 days. THOR Financial Technologies is currently generating 0.0315% in daily expected returns and assumes 0.5401% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than THOR, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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THOR Financial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for THOR Financial's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as THOR Financial Technologies, and traders can use it to determine the average amount a THOR Financial'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 = 0.0584
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Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average THOR Financial is performing at about 4% 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 THOR Financial by adding it to a well-diversified portfolio.
THOR Financial Fundamentals Growth
THOR Etf prices reflect investors' perceptions of the future prospects and financial health of THOR Financial, and THOR Financial fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on THOR Etf performance.
| Total Asset | 9.66 M | |||
About THOR Financial Performance
Evaluating THOR Financial's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if THOR Financial has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if THOR Financial has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing at least 80 percent of its total assets in securities included in the index. Thor Low is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Watch Bloomberg ETF IQ 12092024 - Bloomberg |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in THOR Financial Technologies. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of THOR Financial Techn is measured differently than its book value, which is the value of THOR that is recorded on the company's balance sheet. Investors also form their own opinion of THOR Financial's value that differs from its market value or its book value, called intrinsic value, which is THOR Financial'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 THOR Financial's market value can be influenced by many factors that don't directly affect THOR Financial'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 THOR Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if THOR Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, THOR Financial'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.