Themes Gold Miners Etf Technical Analysis
| AUMI Etf | 37.27 0.46 1.25% |
As of the 28th of November, Themes Gold has the Coefficient Of Variation of 1899.79, risk adjusted performance of 0.047, and Semi Deviation of 2.36. Themes Gold 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.
Themes Gold 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 Gold 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 Gold Miners Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Gold Miners volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Themes Gold Miners Trend Analysis
Use this graph to draw trend lines for Themes Gold Miners. You can use it to identify possible trend reversals for Themes Gold 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 Gold price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Themes Gold Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Themes Gold Miners applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Themes Gold Miners will continue generating value for investors. It has 122 observation points and a regression sum of squares at 19.33, which is the sum of squared deviations for the predicted Themes Gold price change compared to its average price change.About Themes Gold 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 Gold Miners 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 Gold Miners based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Themes Gold Miners price pattern first instead of the macroeconomic environment surrounding Themes Gold Miners. By analyzing Themes Gold'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 Gold'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 Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
Themes Gold November 28, 2024 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.047 | |||
| Market Risk Adjusted Performance | 0.7514 | |||
| Mean Deviation | 1.79 | |||
| Semi Deviation | 2.36 | |||
| Downside Deviation | 2.52 | |||
| Coefficient Of Variation | 1899.79 | |||
| Standard Deviation | 2.31 | |||
| Variance | 5.34 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0943 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.7414 | |||
| Maximum Drawdown | 11.94 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 3.88 | |||
| Downside Variance | 6.35 | |||
| Semi Variance | 5.57 | |||
| Expected Short fall | (1.73) | |||
| Skewness | (0.29) | |||
| Kurtosis | 0.5058 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Themes Gold Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of Themes Gold Miners 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is Themes Gold'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 Gold's market value can be influenced by many factors that don't directly affect Themes Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Gold'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.