Tema Cardiovascular And Etf Fundamentals
| HRTS Etf | 32.33 0.41 1.28% |
Tema Cardiovascular and fundamentals help investors to digest information that contributes to Tema Cardiovascular's financial success or failures. It also enables traders to predict the movement of Tema Etf. The fundamental analysis module provides a way to measure Tema Cardiovascular's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tema Cardiovascular etf.
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Tema Cardiovascular and ETF One Year Return Analysis
Tema Cardiovascular's 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.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Tema Cardiovascular One Year Return | 18.70 % |
Most of Tema Cardiovascular's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tema Cardiovascular and is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Tema Cardiovascular and has an One Year Return of 18.7%. This is much higher than that of the family and significantly higher than that of the Health category. The one year return for all United States etfs is notably lower than that of the firm.
Tema One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tema Cardiovascular's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Tema Cardiovascular could also be used in its relative valuation, which is a method of valuing Tema Cardiovascular by comparing valuation metrics of similar companies.Tema Cardiovascular is currently under evaluation in one year return as compared to similar ETFs.
About Tema Cardiovascular Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tema Cardiovascular and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tema Cardiovascular using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tema Cardiovascular and 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.
Please read more on our fundamental analysis page.
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Check out Tema Cardiovascular Piotroski F Score and Tema Cardiovascular Altman Z Score analysis. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.