Tema Electrification ETF Volatility
| VOLT ETF | USD 40.85 -0.49 -1.19% |
Sharpe Ratio = 0.1626
Expected Return ↓
Minimal
Low
Moderate
Elevated
High
Leading
Strong
Moderate
Modest
Flat
Below
Ideal
VOLT
Worst
← Lower RiskHigher Risk →
Tema Electrification ETF's financial profile includes Market Risk Adjusted Performance at 0.2%, Risk close to 1.65, and Total Risk Alpha close to 0.27. Based on monthly moving averages, the ETF is operating near 12% of its historical performance range.
Key indicators related to Tema Electrification's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Key risk metrics for Tema Electrification (3 Months):
Beta 1.2 | Alpha 0.26 | Risk 1.65 | Sharpe Ratio 0.16 | Expected Return 0.27 |
Assets With Similar Volatility
| 0.75 | VO | Vanguard Mid Cap Index | PairCorr |
| 0.87 | VXF | Vanguard Extended Market | PairCorr |
| 0.81 | IJH | iShares Core SAMPP | PairCorr |
| 0.8 | IWR | iShares Russell Mid Cap | PairCorr |
| 0.73 | MDY | SPDR SAMPP MIDCAP | PairCorr |
| 0.79 | FV | First Trust Dorsey | PairCorr |
| 0.81 | IVOO | Vanguard SAMPP Mid Cap | PairCorr |
| 0.78 | JHMM | John Hancock Multifactor | PairCorr |
| 0.88 | BBMC | JPMorgan BetaBuilders Mid | PairCorr |
| 0.87 | XMMO | Invesco SAMPP MidCap | PairCorr |
| 0.62 | OIH | VanEck Oil Services | PairCorr |
| 0.84 | ARKW | ARK Next Generation | PairCorr |
| 0.77 | WTMF | WisdomTree Managed Futures | PairCorr |
| 0.65 | EWC | iShares MSCI Canada | PairCorr |
| 0.83 | HUM | Humana Inc Buyout Trend | PairCorr |
| 0.88 | QRFT | QRAFT AI Enhanced Large | PairCorr |
| 0.8 | EQRR | ProShares Equities for | PairCorr |
| 0.92 | PEMX | Putnam Emerging Markets | PairCorr |
| 0.83 | NMBL | NovaTide Flexible Allocation | PairCorr |
| 0.82 | VT | Vanguard Total World | PairCorr |
| 0.89 | LCDS | JPMorgan Fundamental Data | PairCorr |
| 0.93 | MKOR | Matthews International Funds | PairCorr |
| 0.76 | JADE | JP Morgan Exchange Traded | PairCorr |
| 0.86 | IMCG | iShares Morningstar Mid Cap | PairCorr |
| 0.87 | AIBU | Direxion Daily AI | PairCorr |
Sensitivity To Market
The beta coefficient of 1.2 for Tema Electrification ETF measures how its returns respond to broader market changes. In regression terms, beta captures the slope between asset returns and index returns. Historical volatility is currently near 1.65%. This analysis separates observed movement from interpretation for Tema Electrification ETF. Standard deviation (1.65%) and downside deviation (1.69%) describe the range without implying direction. ETF volatility often reflects both the underlying basket and the trading layer. Premium/discount to NAV is often expressed as (Price − NAV) / NAV × 100 when NAV is available. Spread stability also shapes short-term movement.
3 Months Beta |Tema Electrification ETF Demand TrendCurrent 90-day Tema Electrification correlation with market (Dow Jones Industrial)Downside Risk
Tema standard deviation over the selected horizon reflects the magnitude of daily price swings relative to the historical average. A rising standard deviation for Tema over successive periods signals increasing price uncertainty. Tema standard deviation compared across rolling windows highlights periods of elevated or subdued price risk. The daily dispersion captured by standard deviation is one of the most widely used risk metrics for Tema.
Standard Deviation | 1.65 |
Upside risk in Tema Electrification is captured by its standard deviation, which includes both favorable and unfavorable price movements. While standard deviation captures total price dispersion, semi-deviation and downside deviation measure only loss risk in Tema Electrification's returns. Total return dispersion for Tema Electrification encompasses both favorable and adverse price movements within the measured period. The distinction matters because favorable volatility in Tema Electrification is not the same as damaging volatility. Tema Electrification ETF's financial profile includes Downside Deviation at 1.69, Downside Variance close to 2.87, and a Maximum Drawdown of 6.99.
ETF Volatility Analysis
Tema Electrification ETF volatility is a key input for most investment risk models. When Tema Electrification's volatility is elevated, prices swing by several percentage points in a single session. Understanding Tema Electrification volatility quantifies the risk of holding Tema Electrification's ETF. These price changes indicate the level of risk and return variability associated with Tema Electrification's.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. The Average Price transformation calculates the mean of Tema Electrification ETF's open, high, low, and close for each trading period. By incorporating all four price components equally, it provides a balanced representation of each period's trading activity. Compared to using the closing price alone, the average price reduces the influence of end-of-day positioning and can serve as a smoother input for other technical indicators.
Projected Return Density Against Market
Given a 90-day horizon, Tema Electrification has a beta of 1.2014. This entails when the benchmark rises, VOLT tends to outperform it on average. However, when benchmark returns turn negative, Tema Electrification tends to underperform.Tema Electrification combines broad market sensitivity with company or sector-specific developments. Diversification may lower asset-specific risk, but systematic volatility remains inherent. Tema Electrification ETF's financial profile includes Downside Deviation at 1.69, Mean Deviation close to 1.21, and Semi Deviation at 1.38.
Predicted Return Distribution |
| Density |
What Drives Tema Electrification's Price Volatility?
Holdings and Allocation
Exposure changes, asset reallocation, or index methodology updates in the Mid-Cap Blend category can alter Tema Electrification's day-to-day volatility profile.Political and Economic Environment
Broad market tone, policy uncertainty, and recession or expansion signals shape volatility conditions for Tema Electrification.Tema Electrification's Fund-Specific Factors
Unexpected fund flow surges, tracking deviation, or liquidity changes can drive outsized moves in Tema Electrification's price.ETF Risk Measures
Given a 90-day horizon, the coefficient of variation of Tema Electrification is 614.96. The daily returns are distributed with a variance of 2.74 and standard deviation of 1.65. The mean deviation of Tema Electrification ETF is currently at 1.21. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.9
α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 1.20 | |
σ | Overall volatility | 1.65 | |
Ir | Information ratio | 0.16 |
ETF Return Volatility
Volatility for Tema Electrification quantifies the day-to-day dispersion of ETF returns around their historical average. The exchange-traded fund carries 1.6547% return volatility across the 90-day horizon. As a benchmark, Dow Jones Industrial reported 0.9156% volatility on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
Please upgrade your account to get full access to Macroaxis premium features
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Tema Electrification Competition Risk-Adjusted Indicators
Headline performance for Tema ETF may not fully reflect how the business compares across its competitive set. Risk-adjusted metrics help compare Tema Electrification's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Potential Upside | Value @Risk | Drawdown | ||
|---|---|---|---|---|---|---|---|
| META | 1.70 | -0.10 | 0.00 | 2.61 | 15.22 | ||
| MSFT | 1.29 | 0.04 | 0.03 | 3.11 | 8.57 | ||
| UBER | 1.64 | 0.06 | 0.03 | 3.61 | 11.61 | ||
| F | 1.53 | -0.18 | 0.00 | 4.11 | 9.26 | ||
| T | 1.20 | -0.11 | 0.00 | 2.36 | 7.74 | ||
| A | 1.47 | -0.18 | 0.00 | 2.67 | 8.37 | ||
| CRM | 2.10 | -0.14 | 0.00 | 4.07 | 13.46 | ||
| JPM | 1.07 | -0.07 | 0.00 | 2.02 | 6.40 | ||
| MRK | 1.11 | -0.11 | 0.00 | 2.73 | 7.67 | ||
| XOM | 1.43 | 0.01 | 0.02 | 2.73 | 8.59 |
Risk Metrics, Assumptions & Methodology
Return dispersion for Tema Electrification quantifies how far daily or periodic returns deviate from the average across the measurement window. Return scatter increases when new information or regime shifts widen the distribution of outcomes.
Tema Electrification ETF values are built from fund disclosures and market reference feeds, with reporting definitions aligned before display. Volatility and downside metrics are estimated from historical return dispersion.
Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board
Volatility Profile Summary
Recent data suggests that Tema Electrification ETF is more volatile than Dow Jones Industrial by approximately 1.79x over the selected horizon. This differential reflects the relative dispersion of returns and frames how the asset responds to broader market conditions. Observed price behavior indicates modest directional movement within the current volatility regime. Across the current 90-day horizon, that places the security below 14% of the broader equity and portfolio universe on a pure volatility basis. This positioning reflects relative dispersion compared to peers rather than extreme instability.Tema Electrification ETF exhibits characteristics that tend to dampen sensitivity to smaller market fluctuations within the current volatility regime. This short-horizon analysis focuses on what the latest move may imply for immediate market context. It works best as a directional cue rather than as a standalone forecast. a somewhat bearish sentiment with potential for near-term correction. Return distributions derived from historical modeling outline a range of potential outcomes over the selected 90-day horizon. View Tema Electrification probability analysis.
Poor diversification
Tema Electrification currently posts a 0.7 correlation with Dow Jones, indicating a Poor diversification relationship for the active sample. The overlap area shows the portion of risk diversified away by holding both instruments together.
Additional Risk Indicators
Looking at additional risk metrics for Tema Electrification ETF frames how the position may behave under different market and portfolio conditions. These measures support both standalone risk assessment and portfolio-level analysis.
| Risk Adjusted Performance | 0.1417 | |||
| Market Risk Adjusted Performance | 0.2101 | |||
| Mean Deviation | 1.21 | |||
| Semi Deviation | 1.38 | |||
| Downside Deviation | 1.69 | |||
| Coefficient Of Variation | 658.23 | |||
| Standard Deviation | 1.65 |
Tema Electrification Suggested Diversification Pairs
Pair trading with Tema Electrification hedges company-specific exposure by balancing a long view with an offsetting position. The advantage is that adverse movement in one leg may be partly offset by the other when correlation and thesis alignment hold.
Risk reduction through pair trading is real but has limits - not every type of exposure can be offset by a second leg. Tema Electrification's exposure to overall market risk stays intact regardless of pairing. The value of a second leg lies in reducing Tema Electrification's idiosyncratic risk - the part that comes from company-level events rather than macro conditions.