Tema Monopolies Competition
| TOLL Etf | 34.79 0.40 1.16% |
Correlation: Tema Monopolies vs GraniteShares ETF Details
Weak diversification
Across the chosen horizon, TOLL and DRUP show a correlation of 0.31 and fall into the Weak diversification bucket. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.
Moving together with Tema Etf
The mean reversion effect in Tema Monopolies is stronger when the initial deviation was driven by sentiment rather than fundamental change. Identifying the root cause of Tema Monopolies' price dislocation is essential before acting.
Tema Monopolies Competition Correlation Matrix
Competition correlation for Tema Monopolies and matters because related securities often respond to the same industry, factor, or macro drivers even when their business stories differ. Used correctly, correlation analysis helps separate broad industry exposure from company-specific behavior before additional capital is allocated across the peer group.
High positive correlations
| High negative correlations
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Tema Monopolies Competition Risk-Adjusted Indicators
Tema Monopolies ETF may look attractive on headline returns alone, but deeper analysis often tells a different story. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tema Monopolies' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.48 | 0.01 | 0.00 | -0.08 | 0.00 | 2.33 | 14.24 | |||
| MSFT | 1.26 | -0.26 | 0.00 | -0.63 | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.52 | -0.11 | 0.00 | -0.30 | 0.00 | 3.18 | 11.09 | |||
| F | 1.34 | -0.10 | 0.00 | -0.18 | 0.00 | 3.61 | 10.01 | |||
| T | 1.11 | 0.19 | 0.20 | -1.16 | 1.17 | 3.87 | 8.53 | |||
| A | 1.26 | -0.28 | 0.00 | -0.36 | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.82 | -0.38 | 0.00 | -0.67 | 0.00 | 3.41 | 9.78 | |||
| JPM | 1.12 | -0.02 | 0.00 | -0.10 | 0.00 | 2.02 | 8.17 | |||
| MRK | 1.13 | 0.32 | 0.25 | 0.62 | 1.22 | 2.54 | 7.29 | |||
| XOM | 1.34 | 0.44 | 0.34 | 5.51 | 1.15 | 2.90 | 6.83 |
Tema Monopolies Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
Tema Monopolies Competition Peer Performance Charts
How to Analyze Tema Monopolies Against Peers
Tema Monopolies' peer analysis compares Tema Monopolies with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether Tema Monopolies trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where Tema Monopolies leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
Relative analysis for Tema Monopolies helps answer whether its current valuation premium or discount versus peers is justified by stronger fundamentals or just narrative momentum. Comparative analysis works best when peers share business drivers, cycle exposure, and capital structure characteristics.
Unless otherwise specified, data for Tema Monopolies and is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.