Themes Airlines Etf Price on December 15, 2023

AIRL Etf   31.08  0.52  1.70%   
If you're considering investing in Themes Etf, it is important to understand the factors that can impact its price. As of today, the current price of Themes Airlines stands at 31.08, as last reported on the 12th of December 2024, with the highest price reaching 31.08 and the lowest price hitting 30.73 during the day. Themes Airlines appears to be very steady, given 3 months investment horizon. Themes Airlines ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.31, which indicates the etf had a 0.31% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Themes Airlines ETF, which you can use to evaluate the volatility of the etf. Please review Themes Airlines' Semi Deviation of 0.457, coefficient of variation of 302.94, and Risk Adjusted Performance of 0.242 to confirm if our risk estimates are consistent with your expectations.
  
Themes Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3125

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Estimated Market Risk

 1.13
  actual daily
10
90% of assets are more volatile

Expected Return

 0.35
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.31
  actual daily
24
76% of assets perform better
Based on monthly moving average Themes Airlines is performing at about 24% 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 Themes Airlines by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
7.2 K

Themes Airlines Valuation on December 15, 2023

It is possible to determine the worth of Themes Airlines on a given historical date. On December 15, 2023 Themes was worth 25.75 at the beginning of the trading date compared to the closed value of 25.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Themes Airlines etf. Still, in general, we apply an absolute valuation method to find Themes Airlines' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Themes Airlines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Themes Airlines' related companies.
 Open High Low Close Volume
  25.59    25.82    25.59    25.82    500.00  
12/15/2023
  25.75    25.81    25.65    25.65    2,200  
  25.56    25.66    25.56    25.62    200.00  
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Open Value
25.75
25.65
Closing Value
29.15
Upside

Themes Airlines Trading Date Momentum on December 15, 2023

On December 18 2023 Themes Airlines ETF was traded for  25.62  at the closing time. The top price for the day was 25.66  and the lowest listed price was  25.56 . The trading volume for the day was 200. The trading history from December 18, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.12% . The trading price change against the current closing price is 2.18% .

About Themes Airlines Etf history

Themes Airlines investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Themes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Themes Airlines ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Themes Airlines stock prices may prove useful in developing a viable investing in Themes Airlines

Themes Airlines Etf Technical Analysis

Themes Airlines 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.
A focus of Themes Airlines technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Themes Airlines trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Themes Airlines Period Price Range

Low
December 12, 2024
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High

 0.00 

     

 0.00 

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Themes Airlines December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Themes Airlines etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Themes Airlines shares will generate the highest return on investment. By undertsting and applying Themes Airlines etf market strength indicators, traders can identify Themes Airlines ETF entry and exit signals to maximize returns

Themes Airlines Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Themes Airlines' price direction in advance. Along with the technical and fundamental analysis of Themes Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Themes to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Themes Airlines ETF is a strong investment it is important to analyze Themes Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Themes Airlines' future performance. For an informed investment choice regarding Themes Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Themes Airlines ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Themes Airlines ETF 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 Airlines' value that differs from its market value or its book value, called intrinsic value, which is Themes Airlines' 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 Airlines' market value can be influenced by many factors that don't directly affect Themes Airlines' 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 Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Airlines' 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.