Themes Global Systemically Etf Technical Analysis
| GSIB Etf | 33.69 0.32 0.96% |
As of the 30th of November, Themes Global has the Risk Adjusted Performance of 0.1015, coefficient of variation of 773.32, and Semi Deviation of 0.8747. Themes Global 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.
Themes Global 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 Global 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 Global System Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Global System volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Themes Global System Trend Analysis
Use this graph to draw trend lines for Themes Global Systemically. You can use it to identify possible trend reversals for Themes Global 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 Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Themes Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Themes Global Systemically applied against its price change over selected period. The best fit line has a slop of 0.06 , which means Themes Global Systemically will continue generating value for investors. It has 122 observation points and a regression sum of squares at 145.59, which is the sum of squared deviations for the predicted Themes Global price change compared to its average price change.About Themes Global 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 Global Systemically 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 Global Systemically based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Themes Global System price pattern first instead of the macroeconomic environment surrounding Themes Global System. By analyzing Themes Global'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 Global'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 Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
Themes Global November 30, 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 Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1015 | |||
| Market Risk Adjusted Performance | 0.1558 | |||
| Mean Deviation | 0.8094 | |||
| Semi Deviation | 0.8747 | |||
| Downside Deviation | 1.06 | |||
| Coefficient Of Variation | 773.32 | |||
| Standard Deviation | 1.04 | |||
| Variance | 1.08 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0155 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1458 | |||
| Maximum Drawdown | 4.15 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 2.07 | |||
| Downside Variance | 1.12 | |||
| Semi Variance | 0.7651 | |||
| Expected Short fall | (0.81) | |||
| Skewness | 0.1159 | |||
| Kurtosis | (0.09) |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Themes Global Systemically. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Themes Global System 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 Global's value that differs from its market value or its book value, called intrinsic value, which is Themes Global'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 Global's market value can be influenced by many factors that don't directly affect Themes Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Global'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.