Themes European Luxury Etf Technical Analysis
| FINE Etf | 21.14 0.23 1.08% |
As of the 27th of March, Themes European has the Risk Adjusted Performance of (0.02), variance of 1.3, and Coefficient Of Variation of (3,158). Themes European technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the etf's future prices. Please validate Themes European Luxury variance, as well as the relationship between the maximum drawdown and skewness to decide if Themes European is priced more or less accurately, providing market reflects its prevalent price of 21.14 per share.
Themes European Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Themes, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThemesThemes |
Themes European technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Themes European Luxury Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Themes European Luxury volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Themes European Luxury Trend Analysis
Use this graph to draw trend lines for Themes European Luxury. You can use it to identify possible trend reversals for Themes European as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Themes European price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Themes European Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Themes European Luxury applied against its price change over selected period. The best fit line has a slop of 0.0006 , which means Themes European Luxury will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Themes European price change compared to its average price change.About Themes European Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Themes European Luxury on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Themes European Luxury based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Themes European Luxury price pattern first instead of the macroeconomic environment surrounding Themes European Luxury. By analyzing Themes European's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Themes European's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Themes European specific price patterns or momentum indicators. Please read more on our technical analysis page.
Themes European March 27, 2025 Technical Indicators
Most technical analysis of Themes help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Themes from various momentum indicators to cycle indicators. When you analyze Themes charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 0.8686 | |||
| Coefficient Of Variation | (3,158) | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.3 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 5.55 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 1.89 | |||
| Skewness | 0.3736 | |||
| Kurtosis | 0.2538 |
Themes European March 27, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Themes stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.25 | ||
| Daily Balance Of Power | (4.60) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 21.17 | ||
| Day Typical Price | 21.16 | ||
| Price Action Indicator | (0.14) | ||
| Market Facilitation Index | 0.0005 |
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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.