Themes Cloud Computing Etf Profile
| CLOD Etf | 26.21 0.31 1.20% |
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Themes Cloud is trading at 26.21 as of the 8th of May 2024, a 1.20% increase since the beginning of the trading day. The etf's lowest day price was 26.04. Themes Cloud has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Themes Cloud Computing are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2024 and ending today, the 8th of May 2024. Click here to learn more.
Themes Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Themes Cloud's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Themes Cloud or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Information Technology ETFs (View all Sectors) |
| Issuer | Themes |
| Inception Date | 2023-12-15 |
| Benchmark | Solactive Cloud Computing Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.31 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Information Technology |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Themes Management Company LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Dingxun Shao, Calvin Tsang |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 30-Sep |
| Exchange | NASDAQ |
| Number of Constituents | 54.0 |
| Market Maker | GTS |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Code | CLOD |
| Updated At | 6th of May 2024 |
| Name | Themes Cloud Computing ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01KMFSDL4 |
| Type | ETF |
Themes Cloud Computing [CLOD] is traded in USA and was established null. The fund is not filed under any group at this time. The fund currently have in assets under management (AUM).
Check Themes Cloud Probability Of Bankruptcy
Geographic Allocation (%)
Themes Cloud Computing Currency Exposure
Themes Cloud Computing holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Themes Cloud will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Themes Cloud Computing.
Top Themes Cloud Computing Etf Constituents
| INTU | Intuit Inc | Stock | Information Technology |
| PANW | Palo Alto Networks | Stock | Information Technology |
| SNPS | Synopsys | Stock | Information Technology |
| CRM | Salesforce | Stock | Information Technology |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
| MSFT | Microsoft | Stock | Information Technology |
| SAP | SAP SE | Stock | Software-Application |
Themes Cloud Target Price Odds Analysis
What are Themes Cloud's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Themes Cloud jumping above the current price in 90 days from now is about 73.4%. The Themes Cloud Computing probability density function shows the probability of Themes Cloud etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.2244 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Themes Cloud will likely underperform. Additionally, themes Cloud Computing has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Themes Cloud to move above the current price in 90 days from now is about 73.4 (This Themes Cloud Computing probability density function shows the probability of Themes Etf to fall within a particular range of prices over 90 days) .
Themes Cloud Computing Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Themes Cloud market risk premium is the additional return an investor will receive from holding Themes Cloud long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Themes Cloud. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Themes Cloud's alpha and beta are two of the key measurements used to evaluate Themes Cloud's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.03) |
Themes Cloud Against Markets
Picking the right benchmark for Themes Cloud etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Themes Cloud etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Themes Cloud is critical whether you are bullish or bearish towards Themes Cloud Computing at a given time. Please also check how Themes Cloud's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Themes Cloud without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Themes Etf?
Before investing in Themes Cloud, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Themes Cloud. To buy Themes Cloud etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Themes Cloud. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Themes Cloud etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Themes Cloud Computing etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Themes Cloud Computing etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Themes Cloud Computing, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Themes Etf please use our How to Invest in Themes Cloud guide.
Already Invested in Themes Cloud Computing?
The danger of trading Themes Cloud Computing is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Themes Cloud is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Themes Cloud. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Themes Cloud Computing is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Themes Cloud Computing is a strong investment it is important to analyze Themes Cloud'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 Cloud's future performance. For an informed investment choice regarding Themes Etf, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Themes Cloud Computing. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Themes Cloud Computing 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 Cloud's value that differs from its market value or its book value, called intrinsic value, which is Themes Cloud'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 Cloud's market value can be influenced by many factors that don't directly affect Themes Cloud'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 Cloud's value and its price as these two are different measures arrived at by different means. Investors typically determine if Themes Cloud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Themes Cloud'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.