Themes Airlines Etf Performance
| AIRL Etf | 28.65 0.19 0.66% |
The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Themes Airlines' returns are expected to increase less than the market. However, during the bear market, the loss of holding Themes Airlines is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Themes Airlines ETF has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Themes Airlines is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
Themes |
Themes Airlines Relative Risk vs. Return Landscape
If you would invest 2,998 in Themes Airlines ETF on December 22, 2024 and sell it today you would lose (133.00) from holding Themes Airlines ETF or give up 4.44% of portfolio value over 90 days. Themes Airlines ETF is currently does not generate positive expected returns and assumes 1.3647% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of etfs are less volatile than Themes, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Themes Airlines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Themes Airlines' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Themes Airlines ETF, and traders can use it to determine the average amount a Themes Airlines' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0478
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AIRL |
Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Themes Airlines is not performing at its full potential. However, 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 Themes Airlines to a well-diversified portfolio.
About Themes Airlines Performance
By examining Themes Airlines' fundamental ratios, stakeholders can obtain critical insights into Themes Airlines' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Themes Airlines is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Themes Airlines ETF generated a negative expected return over the last 90 days |
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.