Tema Etf Trust Etf Performance
| LUX Etf | 22.05 0.35 1.56% |
The entity has a beta of 0.44, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tema ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tema ETF is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Tema ETF Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Tema ETF is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
Tema |
Tema ETF Relative Risk vs. Return Landscape
If you would invest 2,245 in Tema ETF Trust on December 14, 2024 and sell it today you would lose (40.00) from holding Tema ETF Trust or give up 1.78% of portfolio value over 90 days. Tema ETF Trust is generating negative expected returns assuming volatility of 1.1299% on return distribution over 90 days investment horizon. In other words, 10% of etfs are less volatile than Tema, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Tema ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tema ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Tema ETF Trust, and traders can use it to determine the average amount a Tema ETF'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 = -0.0209
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LUX |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tema ETF 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 ETF by adding Tema ETF to a well-diversified portfolio.
Tema ETF Fundamentals Growth
Tema Etf prices reflect investors' perceptions of the future prospects and financial health of Tema ETF, and Tema ETF 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 Tema Etf performance.
| Return On Equity | 15.22 | |||
| Return On Asset | 8.97 | |||
| Profit Margin | 9.36 % | |||
| Operating Margin | 15.76 % | |||
| Current Valuation | 26.67 B | |||
| Shares Outstanding | 476.98 M | |||
| Price To Earning | 30.73 X | |||
| Price To Book | 4.54 X | |||
| Price To Sales | 2.80 X | |||
| Revenue | 10.11 B | |||
| EBITDA | 2.16 B | |||
| Cash And Equivalents | 1.02 B | |||
| Cash Per Share | 2.14 X | |||
| Total Debt | 2.28 B | |||
| Debt To Equity | 35.30 % | |||
| Book Value Per Share | 13.48 X | |||
| Cash Flow From Operations | 1.46 B | |||
| Earnings Per Share | 1.97 X | |||
| Total Asset | 9.74 B | |||
| Retained Earnings | 4.33 B | |||
| Current Asset | 2.96 B | |||
| Current Liabilities | 2.16 B | |||
About Tema ETF Performance
Evaluating Tema ETF's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tema ETF has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tema ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Luxottica Group S.p.A., together with its subsidiaries, offer fashion, luxury, sports, and performance eyewear worldwide.| Tema ETF Trust generated a negative expected return over the last 90 days |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Tema ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of Tema ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Tema ETF'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 ETF's market value can be influenced by many factors that don't directly affect Tema ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tema ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tema ETF'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.