Tema Monopolies And Etf Market Value
| TOLL Etf | 33.31 0.11 0.33% |
| Symbol | Tema |
The market value of Tema Monopolies 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 Monopolies' value that differs from its market value or its book value, called intrinsic value, which is Tema Monopolies' 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 Monopolies' market value can be influenced by many factors that don't directly affect Tema Monopolies' 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 Monopolies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tema Monopolies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tema Monopolies' 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.
Tema Monopolies '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 Tema Monopolies' 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 Tema Monopolies.
| 01/08/2025 |
| 02/07/2025 |
If you would invest 0.00 in Tema Monopolies on January 8, 2025 and sell it all today you would earn a total of 0.00 from holding Tema Monopolies and or generate 0.0% return on investment in Tema Monopolies over 30 days. Tema Monopolies is related to or competes with Freedom Day, Franklin Templeton, IShares MSCI, Tidal Trust, IShares Dividend, Altrius Global, and Invesco Exchange. More
Tema Monopolies 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 Tema Monopolies' 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 Tema Monopolies and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9527 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.56 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 1.25 |
Tema Monopolies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tema Monopolies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tema Monopolies' standard deviation. In reality, there are many statistical measures that can use Tema Monopolies historical prices to predict the future Tema Monopolies' volatility.| Risk Adjusted Performance | 0.0185 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0247 |
Tema Monopolies Backtested Returns
As of now, Tema Etf is very steady. Tema Monopolies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0216, which indicates the etf had a 0.0216 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tema Monopolies and, which you can use to evaluate the volatility of the etf. Please validate Tema Monopolies' Coefficient Of Variation of 4543.93, semi deviation of 0.9075, and Risk Adjusted Performance of 0.0185 to confirm if the risk estimate we provide is consistent with the expected return of 0.0184%. The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tema Monopolies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tema Monopolies is expected to be smaller as well.
Auto-correlation | 0.29 |
Poor predictability
Tema Monopolies and has poor predictability. Overlapping area represents the amount of predictability between Tema Monopolies time series from 8th of January 2025 to 23rd of January 2025 and 23rd of January 2025 to 7th of February 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 Tema Monopolies price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Tema Monopolies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Tema Monopolies lagged returns against current returns
Autocorrelation, which is Tema Monopolies 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 Tema Monopolies' etf expected returns. We can calculate the autocorrelation of Tema Monopolies returns to help us make a trade decision. For example, suppose you find that Tema Monopolies 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 |
Tema Monopolies 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 Tema Monopolies etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tema Monopolies etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tema Monopolies etf over time.
Current vs Lagged Prices |
| Timeline |
Tema Monopolies Lagged Returns
When evaluating Tema Monopolies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tema Monopolies etf have on its future price. Tema Monopolies 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, Tema Monopolies autocorrelation shows the relationship between Tema Monopolies etf current value and its past values and can show if there is a momentum factor associated with investing in Tema Monopolies and.
Regressed Prices |
| Timeline |
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Tema Monopolies 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.