Themes Global Systemically Etf Performance
| GSIB Etf | 33.69 0.32 0.96% |
The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. Themes Global returns are very sensitive to returns on the market. As the market goes up or down, Themes Global is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Themes Global Systemically are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite somewhat abnormal forward indicators, Themes Global may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Themes Global Systemically Important Banks ETF Sees Large Growth in Short Interest | 10/17/2024 |
2 | Deutsche Bank Sees Bank Stock Rally Adding to Repo Market Strain | 11/26/2024 |
Themes |
Themes Global Relative Risk vs. Return Landscape
If you would invest 3,035 in Themes Global Systemically on September 2, 2024 and sell it today you would earn a total of 334.00 from holding Themes Global Systemically or generate 11.0% return on investment over 90 days. Themes Global Systemically is currently generating 0.1683% in daily expected returns and assumes 1.0127% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Themes, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Themes Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Themes Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Themes Global Systemically, and traders can use it to determine the average amount a Themes Global'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 = 0.1662
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Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Themes Global is performing at about 13% 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 Global by adding it to a well-diversified portfolio.
About Themes Global Performance
By analyzing Themes Global's fundamental ratios, stakeholders can gain valuable insights into Themes Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Themes Global 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 Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Themes Global is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from MacroaxisInsider: Acquisition by Lokey James W of tradable shares of Ultimus Managers at 23.01 subject to Rule 16b-3 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Themes Global Systemically. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Themes Global System 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 Global's value that differs from its market value or its book value, called intrinsic value, which is Themes Global'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 Global's market value can be influenced by many factors that don't directly affect Themes Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Global'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.