Main Thematic Innovation Etf Performance
| TMAT Etf | USD 18.89 0.82 4.54% |
The etf secures a Beta (Market Risk) of 1.16, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Main Thematic will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Main Thematic Innovation has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Etf's basic indicators remain comparatively stable which may send shares a bit higher in April 2025. The newest uproar may also be a sign of mid-term up-swing for the exchange-traded fund private investors. ...more
1 | Investment Analysis and Advice - Stock Traders Daily | 03/03/2025 |
| In Threey Sharp Ratio | 0.18 |
Main |
Main Thematic Relative Risk vs. Return Landscape
If you would invest 2,215 in Main Thematic Innovation on December 17, 2024 and sell it today you would lose (326.00) from holding Main Thematic Innovation or give up 14.72% of portfolio value over 90 days. Main Thematic Innovation is currently does not generate positive expected returns and assumes 2.4948% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% of etfs are less volatile than Main, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Main Thematic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Main Thematic's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Main Thematic Innovation, and traders can use it to determine the average amount a Main Thematic's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0938
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TMAT |
Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Main Thematic 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 Main Thematic by adding Main Thematic to a well-diversified portfolio.
Main Thematic Fundamentals Growth
Main Etf prices reflect investors' perceptions of the future prospects and financial health of Main Thematic, and Main Thematic fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Main Etf performance.
| Total Asset | 56.81 M | |||
About Main Thematic Performance
Assessing Main Thematic's fundamental ratios provides investors with valuable insights into Main Thematic's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Main Thematic is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The adviser seeks to achieve its objective through dynamic thematic rotation. Main Thematic is traded on BATS Exchange in the United States.| Main Thematic generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Investment Analysis and Advice - Stock Traders Daily | |
| The fund maintains 96.39% of its assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Main Thematic Innovation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Main Thematic Innovation is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Thematic's value that differs from its market value or its book value, called intrinsic value, which is Main Thematic'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 Main Thematic's market value can be influenced by many factors that don't directly affect Main Thematic'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 Main Thematic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Thematic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Thematic'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.