Themes European Luxury Etf Three Year Return
| FINE Etf | 21.94 0.15 0.68% |
Themes European Luxury fundamentals help investors to digest information that contributes to Themes European's financial success or failures. It also enables traders to predict the movement of Themes Etf. The fundamental analysis module provides a way to measure Themes European's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Themes European etf.
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Themes European Luxury ETF Three Year Return Analysis
Themes European's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, Themes European Luxury has a Three Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Consumer Cyclical (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Themes Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Themes European's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Themes European could also be used in its relative valuation, which is a method of valuing Themes European by comparing valuation metrics of similar companies.Themes European is currently under evaluation in three year return as compared to similar ETFs.
About Themes European Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Themes European Luxury's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Themes European using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Themes European Luxury based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Themes European Piotroski F Score and Themes European Altman Z Score analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Themes European Luxury 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 European's value that differs from its market value or its book value, called intrinsic value, which is Themes European'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 European's market value can be influenced by many factors that don't directly affect Themes European'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 European's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes European is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes European'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.