Mitchnick Foresees Limited Crypto ETF Offerings by BlackRock - Crypto Times
| LIMI Etf | 24.18 0.57 2.30% |
Under 62% of Themes Lithium's investor base is looking to short. The current sentiment regarding investing in Themes Lithium Battery etf implies that many traders are alarmed. Themes Lithium's investing sentiment shows overall attitude of investors towards Themes Lithium Battery.
Themes |
Mitchnick Foresees Limited Crypto ETF Offerings by BlackRock Crypto Times
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Themes Lithium Fundamental Analysis
We analyze Themes Lithium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Themes Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Themes Lithium 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Themes Lithium is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Themes Lithium Battery Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Themes Lithium etf to make a market-neutral strategy. Peer analysis of Themes Lithium could also be used in its relative valuation, which is a method of valuing Themes Lithium by comparing valuation metrics with similar companies.
Peers
Themes Lithium Related Equities
| NUGT | Direxion Daily | 1.25 | ||||
| FMAT | Fidelity MSCI | 0.88 | ||||
| NANR | SPDR SP | 0.78 | ||||
| GDX | VanEck Gold | 0.66 | ||||
| FXZ | First Trust | 0.54 | ||||
| CUT | Invesco MSCI | 0.34 | ||||
| NRES | Xtrackers RREEF | 0.08 | ||||
| WOOD | IShares Global | 0.84 | ||||
| DUST | Direxion Daily | 1.00 |
Check out Themes Lithium Hype Analysis, Themes Lithium Correlation and Themes Lithium Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Themes Lithium Battery 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 Lithium's value that differs from its market value or its book value, called intrinsic value, which is Themes Lithium'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 Lithium's market value can be influenced by many factors that don't directly affect Themes Lithium'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 Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Lithium'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.