Themes Small Cap Etf Market Value

SMCF Etf   32.23  0.26  0.81%   
Themes Small's market value is the price at which a share of Themes Small trades on a public exchange. It measures the collective expectations of Themes Small Cap investors about its performance. Themes Small is trading at 32.23 as of the 24th of July 2025. This is a 0.81 percent increase since the beginning of the trading day. The etf's lowest day price was 32.13.
With this module, you can estimate the performance of a buy and hold strategy of Themes Small Cap and determine expected loss or profit from investing in Themes Small over a given investment horizon. Check out Themes Small Correlation, Themes Small Volatility and Themes Small Alpha and Beta module to complement your research on Themes Small.
Symbol

The market value of Themes Small Cap 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 Small's value that differs from its market value or its book value, called intrinsic value, which is Themes Small'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 Small's market value can be influenced by many factors that don't directly affect Themes Small'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 Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Small'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 Small '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 Small'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 Small.
0.00
04/25/2025
No Change 0.00  0.0 
In 2 months and 31 days
07/24/2025
0.00
If you would invest  0.00  in Themes Small on April 25, 2025 and sell it all today you would earn a total of 0.00 from holding Themes Small Cap or generate 0.0% return on investment in Themes Small over 90 days. Themes Small is related to or competes with Dimensional ETF, Vanguard Small, First Trust, Vanguard, Vanguard, Vanguard, and Invesco DWA. More

Themes Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.

Themes Small Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Themes Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Themes Small's standard deviation. In reality, there are many statistical measures that can use Themes Small historical prices to predict the future Themes Small's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Themes Small's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
31.0232.2333.44
Details
Intrinsic
Valuation
LowRealHigh
32.0833.2934.50
Details
Naive
Forecast
LowNextHigh
30.1131.3232.53
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
29.5931.1432.68
Details

Themes Small Cap Backtested Returns

Themes Small appears to be very steady, given 3 months investment horizon. Themes Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the etf had a 0.23 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Themes Small Cap, which you can use to evaluate the volatility of the etf. Please review Themes Small's Semi Deviation of 0.7493, coefficient of variation of 449.23, and Risk Adjusted Performance of 0.2008 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.83, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Themes Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Themes Small is expected to be smaller as well.

Auto-correlation

    
  0.67  

Good predictability

Themes Small Cap has good predictability. Overlapping area represents the amount of predictability between Themes Small time series from 25th of April 2025 to 9th of June 2025 and 9th of June 2025 to 24th 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 Small Cap price movement. The serial correlation of 0.67 indicates that around 67.0% of current Themes Small price fluctuation can be explain by its past prices.
Correlation Coefficient0.67
Spearman Rank Test0.7
Residual Average0.0
Price Variance0.88

Themes Small Cap lagged returns against current returns

Autocorrelation, which is Themes Small 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 Small's etf expected returns. We can calculate the autocorrelation of Themes Small returns to help us make a trade decision. For example, suppose you find that Themes Small 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 Small 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 Small etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Themes Small etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Themes Small etf over time.
   Current vs Lagged Prices   
       Timeline  

Themes Small Lagged Returns

When evaluating Themes Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Themes Small etf have on its future price. Themes Small 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 Small autocorrelation shows the relationship between Themes Small etf current value and its past values and can show if there is a momentum factor associated with investing in Themes Small Cap.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

When determining whether Themes Small Cap is a strong investment it is important to analyze Themes Small's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Themes Small's future performance. For an informed investment choice regarding Themes Etf, refer to the following important reports:
Check out Themes Small Correlation, Themes Small Volatility and Themes Small Alpha and Beta module to complement your research on Themes Small.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Themes Small 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.
A focus of Themes Small technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Themes Small trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...