Themes European Luxury Etf Performance
| FINE Etf | 21.36 0.47 2.15% |
The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Themes European's returns are expected to increase less than the market. However, during the bear market, the loss of holding Themes European is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Themes European Luxury has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Themes European is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | SEC Fines Vanguard 106M Over Retirement Fund Tax Issues - etf.com | 01/17/2025 |
2 | MOROCCANOIL LAUNCHES LORIGINALE EAU DE PARFUM, ITS FIRST-EVER FINE FRAGRANCE, STARRING ADRIA ARJONA | 02/13/2025 |
3 | XRP Ticks Higher On News That Ripple-SEC Case Could End SoonLegal Team Reportedly Negotiating More Favorable Terms On 125 Million Fine | 03/13/2025 |
Themes |
Themes European Relative Risk vs. Return Landscape
If you would invest 2,236 in Themes European Luxury on December 24, 2024 and sell it today you would lose (100.00) from holding Themes European Luxury or give up 4.47% of portfolio value over 90 days. Themes European Luxury is currently does not generate positive expected returns and assumes 1.1561% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% 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 European Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Themes European's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Themes European Luxury, and traders can use it to determine the average amount a Themes European's 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 = -0.0603
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FINE |
Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Themes European 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 European by adding Themes European to a well-diversified portfolio.
About Themes European Performance
By analyzing Themes European's fundamental ratios, stakeholders can gain valuable insights into Themes European's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Themes European has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Themes European has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Themes European is entity of United States. It is traded as Etf on NASDAQ exchange.| Themes European generated a negative expected return over the last 90 days | |
| Latest headline from benzinga.com: XRP Ticks Higher On News That Ripple-SEC Case Could End SoonLegal Team Reportedly Negotiating More Favorable Terms On 125 Million Fine |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Themes European Luxury. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.