Tema ETF Financials
| RSHO Etf | 41.03 0.54 1.33% |
Net Expense Ratio 0.0075 |
Tema |
The data published in Tema ETF's official financial statements typically reflect Tema ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Tema ETF's quantitative information. For example, before you start analyzing numbers published by Tema accountants, it's essential to understand Tema ETF's liquidity, profitability, and earnings quality within the context of the Mid-Cap Blend space in which it operates.
Tema ETF Etf Summary
Tema ETF competes with IShares Dividend, Martin Currie, VictoryShares THB, Mast Global, and AdvisorShares Gerber. Tema ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US87975E6023 |
| CUSIP | 87975E602 |
| Region | North America |
| Investment Issuer | Tema Global |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
Tema ETF Trust Systematic Risk
Tema ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tema ETF volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Tema ETF Trust correlated with the market. If Beta is less than 0 Tema ETF generally moves in the opposite direction as compared to the market. If Tema ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tema ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tema ETF is generally in the same direction as the market. If Beta > 1 Tema ETF moves generally in the same direction as, but more than the movement of the benchmark.
Tema ETF Thematic Clasifications
Tema ETF Trust is part of several thematic ideas from Theme ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasTema ETF November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tema ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tema ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tema ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing Tema Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tema ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.03 | |||
| Information Ratio | 0.0551 | |||
| Maximum Drawdown | 7.44 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 2.05 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Tema ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Tema ETF Trust is measured differently than its book value, which is the value of Tema that is recorded on the company's balance sheet. Investors also form their own opinion of Tema ETF's value that differs from its market value or its book value, called intrinsic value, which is Tema ETF'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 Tema ETF's market value can be influenced by many factors that don't directly affect Tema ETF'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 Tema ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tema ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tema ETF'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.