Tema Cardiovascular And Etf Price on October 31, 2024
| HRTS Etf | 32.33 0.41 1.28% |
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 Cardiovascular stands at 32.33, as last reported on the 28th of November, with the highest price reaching 32.44 and the lowest price hitting 31.92 during the day. Tema Cardiovascular and owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the etf had a -0.11% return per unit of risk over the last 3 months. Tema Cardiovascular and exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tema Cardiovascular's Risk Adjusted Performance of (0.07), coefficient of variation of (1,021), and Variance of 1.44 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 = -0.1086
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| Negative Returns | HRTS |
Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tema Cardiovascular 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 Cardiovascular by adding Tema Cardiovascular to a well-diversified portfolio.
Average Mkt Cap Mil 22.6 K |
Tema Cardiovascular Valuation on October 31, 2024
It is possible to determine the worth of Tema Cardiovascular on a given historical date. On October 31, 2024 Tema was worth 32.52 at the beginning of the trading date compared to the closed value of 32.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tema Cardiovascular etf. Still, in general, we apply an absolute valuation method to find Tema Cardiovascular's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tema Cardiovascular where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tema Cardiovascular's related companies.
| Open | High | Low | Close | Volume | |
| 32.93 | 33.24 | 32.76 | 32.88 | 22,400 | |
10/31/2024 | 32.52 | 32.69 | 32.52 | 32.63 | 6,019 |
| 32.80 | 33.20 | 32.80 | 33.20 | 10,600 |
| Backtest Tema Cardiovascular | | | Tema Cardiovascular History | | | Tema Cardiovascular Valuation | Previous | Next |
Tema Cardiovascular Trading Date Momentum on October 31, 2024
| On November 01 2024 Tema Cardiovascular and was traded for 33.20 at the closing time. The top price for the day was 33.20 and the lowest listed price was 32.80 . The trading volume for the day was 10.6 K. The trading history from November 1, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 1.75% . The trading price change against the current closing price is 5.33% . |
About Tema Cardiovascular Etf history
Tema Cardiovascular 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 Cardiovascular and 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 Cardiovascular stock prices may prove useful in developing a viable investing in Tema Cardiovascular
Tema Cardiovascular Etf Technical Analysis
Tema Cardiovascular 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 Cardiovascular Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Tema Cardiovascular and cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Tema Cardiovascular November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Tema Cardiovascular 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 Cardiovascular shares will generate the highest return on investment. By undertsting and applying Tema Cardiovascular etf market strength indicators, traders can identify Tema Cardiovascular and entry and exit signals to maximize returns
Tema Cardiovascular Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tema Cardiovascular'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 | (0.07) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.13) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Tema Cardiovascular and. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of Tema Cardiovascular and 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 Cardiovascular's value that differs from its market value or its book value, called intrinsic value, which is Tema Cardiovascular'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 Cardiovascular's market value can be influenced by many factors that don't directly affect Tema Cardiovascular'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 Cardiovascular's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tema Cardiovascular is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tema Cardiovascular'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.