Themes Infrastructure Etf Market Value
| HWAY Etf | 29.14 0.01 0.03% |
| Symbol | Themes |
The market value of Themes Infrastructure ETF 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 Infrastructure's value that differs from its market value or its book value, called intrinsic value, which is Themes Infrastructure'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 Infrastructure's market value can be influenced by many factors that don't directly affect Themes Infrastructure'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 Infrastructure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Infrastructure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Infrastructure'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.
Themes Infrastructure 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Themes Infrastructure's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Themes Infrastructure.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Themes Infrastructure on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Themes Infrastructure ETF or generate 0.0% return on investment in Themes Infrastructure over 90 days. Themes Infrastructure is related to or competes with Amedisys, Heartland Express, Integra LifeSciences, ICU Medical, and Safety Insurance. Healthways, Inc., together with its subsidiaries, offer network delivered solutions and population health management services to help people to enhance wellbeing and health. More
Themes Infrastructure Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Themes Infrastructure's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Themes Infrastructure ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9948 | |||
| Information Ratio | 0.1531 | |||
| Maximum Drawdown | 5.82 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 2.26 |
Themes Infrastructure Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Themes Infrastructure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Themes Infrastructure's standard deviation. In reality, there are many statistical measures that can use Themes Infrastructure historical prices to predict the future Themes Infrastructure's volatility.| Risk Adjusted Performance | 0.2589 | |||
| Jensen Alpha | 0.1707 | |||
| Total Risk Alpha | 0.1459 | |||
| Sortino Ratio | 0.1777 | |||
| Treynor Ratio | 0.294 |
Themes Infrastructure ETF Backtested Returns
Themes Infrastructure appears to be very steady, given 3 months investment horizon. Themes Infrastructure ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.32, which indicates the etf had a 0.32 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Themes Infrastructure ETF, which you can use to evaluate the volatility of the etf. Please review Themes Infrastructure's Coefficient Of Variation of 363.48, semi deviation of 0.5857, and Risk Adjusted Performance of 0.2589 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.05, which indicates a somewhat significant risk relative to the market. Themes Infrastructure returns are very sensitive to returns on the market. As the market goes up or down, Themes Infrastructure is expected to follow.
Auto-correlation | 0.79 |
Good predictability
Themes Infrastructure ETF has good predictability. Overlapping area represents the amount of predictability between Themes Infrastructure time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Themes Infrastructure ETF price movement. The serial correlation of 0.79 indicates that around 79.0% of current Themes Infrastructure price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
Themes Infrastructure ETF lagged returns against current returns
Autocorrelation, which is Themes Infrastructure etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Themes Infrastructure's etf expected returns. We can calculate the autocorrelation of Themes Infrastructure returns to help us make a trade decision. For example, suppose you find that Themes Infrastructure has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Themes Infrastructure regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Themes Infrastructure etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Themes Infrastructure etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Themes Infrastructure etf over time.
Current vs Lagged Prices |
| Timeline |
Themes Infrastructure Lagged Returns
When evaluating Themes Infrastructure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Themes Infrastructure etf have on its future price. Themes Infrastructure autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Themes Infrastructure autocorrelation shows the relationship between Themes Infrastructure etf current value and its past values and can show if there is a momentum factor associated with investing in Themes Infrastructure ETF.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Themes Infrastructure ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Themes Infrastructure's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Themes Infrastructure Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Themes Infrastructure Etf:Check out Themes Infrastructure Correlation, Themes Infrastructure Volatility and Themes Infrastructure Alpha and Beta module to complement your research on Themes Infrastructure. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Themes Infrastructure 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.