Tema Electrification Etf Price on February 8, 2023
| VOLT Etf | USD 24.36 0.32 1.30% |
If you're considering investing in Tema Etf, it is important to understand the factors that can impact its price. As of today, the current price of Tema Electrification stands at 24.36, as last reported on the 13th of December 2024, with the highest price reaching 24.84 and the lowest price hitting 24.36 during the day. Tema Electrification ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.4, which indicates the etf had a -0.4% return per unit of risk over the last 3 months. Tema Electrification ETF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tema Electrification's Risk Adjusted Performance of (0.31), variance of 1.6, and Coefficient Of Variation of (232.63) to confirm the risk estimate we provide.
Tema Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Tema |
Sharpe Ratio = -0.4009
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | VOLT |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.4 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tema Electrification is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tema Electrification by adding Tema Electrification to a well-diversified portfolio.
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.
About Tema Electrification Etf history
Tema Electrification investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tema is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tema Electrification ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tema Electrification stock prices may prove useful in developing a viable investing in Tema Electrification
Volt Information Sciences, Inc. provides traditional time, materials-based, and project-based staffing services in the United States, Europe, Canada, and the Asia Pacific. The company was founded in 1950 and is headquartered in Orange, California. Volt Information operates under Staffing Employment Services classification in the United States and is traded on AMEX Exchange. It employs 1100 people.
Tema Electrification Etf Technical Analysis
Tema Electrification 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.
Price Boundaries
Tema Electrification Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
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Tema Electrification December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Tema Electrification etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tema Electrification shares will generate the highest return on investment. By undertsting and applying Tema Electrification etf market strength indicators, traders can identify Tema Electrification ETF entry and exit signals to maximize returns
Tema Electrification Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tema Electrification's price direction in advance. Along with the technical and fundamental analysis of Tema Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tema to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.31) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | 34.18 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tema Electrification ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Tema Electrification ETF 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 Electrification's value that differs from its market value or its book value, called intrinsic value, which is Tema Electrification'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 Electrification's market value can be influenced by many factors that don't directly affect Tema Electrification'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 Electrification's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tema Electrification is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tema Electrification'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.