Themes Natural Monopoly Etf Technical Analysis
| CZAR Etf | 29.85 0.28 0.95% |
As of the 24th of November, Themes Natural has the Coefficient Of Variation of 1281.16, risk adjusted performance of 0.0592, and Semi Deviation of 0.6493. Themes Natural technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the etf's future prices. Please validate Themes Natural Monopoly standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Themes Natural is priced more or less accurately, providing market reflects its prevalent price of 29.85 per share.
Themes Natural Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Themes, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThemesThemes |
Themes Natural 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.
Themes Natural Monopoly Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Themes Natural Monopoly volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Themes Natural Monopoly Trend Analysis
Use this graph to draw trend lines for Themes Natural Monopoly. You can use it to identify possible trend reversals for Themes Natural as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Themes Natural price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Themes Natural Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Themes Natural Monopoly applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Themes Natural Monopoly will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.42, which is the sum of squared deviations for the predicted Themes Natural price change compared to its average price change.About Themes Natural Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Themes Natural Monopoly on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Themes Natural Monopoly based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Themes Natural Monopoly price pattern first instead of the macroeconomic environment surrounding Themes Natural Monopoly. By analyzing Themes Natural's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Themes Natural's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Themes Natural specific price patterns or momentum indicators. Please read more on our technical analysis page.
Themes Natural November 24, 2024 Technical Indicators
Most technical analysis of Themes help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Themes from various momentum indicators to cycle indicators. When you analyze Themes charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0592 | |||
| Market Risk Adjusted Performance | (1.34) | |||
| Mean Deviation | 0.5619 | |||
| Semi Deviation | 0.6493 | |||
| Downside Deviation | 0.7681 | |||
| Coefficient Of Variation | 1281.16 | |||
| Standard Deviation | 0.718 | |||
| Variance | 0.5155 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | 0.0502 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | (1.35) | |||
| Maximum Drawdown | 3.19 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.03 | |||
| Downside Variance | 0.59 | |||
| Semi Variance | 0.4216 | |||
| Expected Short fall | (0.61) | |||
| Skewness | (0.11) | |||
| Kurtosis | 0.1379 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Themes Natural Monopoly. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of Themes Natural Monopoly 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 Natural's value that differs from its market value or its book value, called intrinsic value, which is Themes Natural'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 Natural's market value can be influenced by many factors that don't directly affect Themes Natural'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 Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Natural'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.