Themes Transatlantic Defense Etf Technical Analysis
| NATO Etf | 25.61 0.30 1.19% |
As of the 5th of January, Themes Transatlantic has the Semi Deviation of 1.01, risk adjusted performance of 0.0188, and Coefficient Of Variation of 5122.15. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Themes Transatlantic, as well as the relationship between them.
Themes Transatlantic 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 Transatlantic 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 Transatlantic Technical Analysis
The output start index for this execution was one with a total number of output elements of fifty-eight. 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 Transatlantic volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Themes Transatlantic Trend Analysis
Use this graph to draw trend lines for Themes Transatlantic Defense. You can use it to identify possible trend reversals for Themes Transatlantic 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 Transatlantic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Themes Transatlantic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Themes Transatlantic Defense applied against its price change over selected period. The best fit line has a slop of 0 , which means Themes Transatlantic Defense will continue generating value for investors. It has 118 observation points and a regression sum of squares at 0.24, which is the sum of squared deviations for the predicted Themes Transatlantic price change compared to its average price change.About Themes Transatlantic 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 Transatlantic Defense 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 Transatlantic Defense based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Themes Transatlantic price pattern first instead of the macroeconomic environment surrounding Themes Transatlantic. By analyzing Themes Transatlantic'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 Transatlantic'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 Transatlantic specific price patterns or momentum indicators. Please read more on our technical analysis page.
Themes Transatlantic January 5, 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.
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| Risk Adjusted Performance | 0.0188 | |||
| Market Risk Adjusted Performance | 0.0243 | |||
| Mean Deviation | 0.8473 | |||
| Semi Deviation | 1.01 | |||
| Downside Deviation | 1.09 | |||
| Coefficient Of Variation | 5122.15 | |||
| Standard Deviation | 1.15 | |||
| Variance | 1.32 | |||
| Information Ratio | 1.0E-4 | |||
| Jensen Alpha | 0.0017 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 1.0E-4 | |||
| Treynor Ratio | 0.0143 | |||
| Maximum Drawdown | 6.41 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 2.13 | |||
| Downside Variance | 1.19 | |||
| Semi Variance | 1.03 | |||
| Expected Short fall | (1.06) | |||
| Skewness | 0.0884 | |||
| Kurtosis | 1.02 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Themes Transatlantic Defense. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Themes Transatlantic 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 Transatlantic's value that differs from its market value or its book value, called intrinsic value, which is Themes Transatlantic'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 Transatlantic's market value can be influenced by many factors that don't directly affect Themes Transatlantic'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 Transatlantic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Transatlantic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Transatlantic'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.