New YieldMax ETF Can Capitalize on Teslas Volatility - ETFdb.com
| CANC Etf | 25.55 0.57 2.18% |
About 62% of Tema Oncology's investor base is looking to short. The current sentiment regarding investing in Tema Oncology ETF etf implies that many traders are alarmed. The current market sentiment, together with Tema Oncology's historical and current headlines, can help investors time the market. In addition, many technical investors use Tema Oncology ETF etf news signals to limit their universe of possible portfolio assets.
Tema |
New YieldMax ETF Can Capitalize on Teslas Volatility ETFdb.com
Read at news.google.com
 |
Tema Oncology Fundamental Analysis
We analyze Tema Oncology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tema Oncology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tema Oncology based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
One Year Return
One Year Return Comparative Analysis
Tema Oncology is currently under evaluation in one year return as compared to similar ETFs. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Tema Oncology ETF Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tema Oncology etf to make a market-neutral strategy. Peer analysis of Tema Oncology could also be used in its relative valuation, which is a method of valuing Tema Oncology by comparing valuation metrics with similar companies.
Peers
Tema Oncology Related Equities
| DISO | Tidal Trust | 1.52 | ||||
| MCHI | IShares MSCI | 1.36 | ||||
| DIVI | Franklin International | 0.73 | ||||
| DIEM | Franklin Templeton | 0.15 | ||||
| MBOX | Freedom Day | 0.15 | ||||
| DIVD | Altrius Global | 0.15 | ||||
| DIVG | Invesco Exchange | 0.1 | ||||
| DIVB | IShares Dividend | 0.20 |
Check out Tema Oncology Hype Analysis, Tema Oncology Correlation and Tema Oncology Performance. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Tema Oncology 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 Oncology's value that differs from its market value or its book value, called intrinsic value, which is Tema Oncology'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 Oncology's market value can be influenced by many factors that don't directly affect Tema Oncology'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 Oncology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tema Oncology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tema Oncology'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.