Tema Electrification Etf Market Value
| VOLT Etf | USD 26.77 0.03 0.11% |
| Symbol | Tema |
The market value of Tema Electrification ETF 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 Electrification's value that differs from its market value or its book value, called intrinsic value, which is Tema Electrification'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 Electrification's market value can be influenced by many factors that don't directly affect Tema Electrification'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 Electrification's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tema Electrification is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tema Electrification'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.
Tema Electrification 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tema Electrification's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tema Electrification.
| 04/26/2025 |
| 07/25/2025 |
If you would invest 0.00 in Tema Electrification on April 26, 2025 and sell it all today you would earn a total of 0.00 from holding Tema Electrification ETF or generate 0.0% return on investment in Tema Electrification over 90 days. Tema Electrification is related to or competes with IShares Dividend, Martin Currie, AdvisorShares Gerber, Amplify ETF, IShares Exponential, Roundhill Ball, and Global X. Volt Information Sciences, Inc. provides traditional time, materials-based, and project-based staffing services in the U... More
Tema Electrification Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tema Electrification's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tema Electrification ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6181 | |||
| Information Ratio | 0.1862 | |||
| Maximum Drawdown | 4.19 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 1.57 |
Tema Electrification Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tema Electrification's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tema Electrification's standard deviation. In reality, there are many statistical measures that can use Tema Electrification historical prices to predict the future Tema Electrification's volatility.| Risk Adjusted Performance | 0.3946 | |||
| Jensen Alpha | 0.2213 | |||
| Total Risk Alpha | 0.1539 | |||
| Sortino Ratio | 0.254 | |||
| Treynor Ratio | 0.5384 |
Tema Electrification ETF Backtested Returns
Tema Electrification appears to be out of control, given 3 months investment horizon. Tema Electrification ETF owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.41, which indicates the etf had a 0.41 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tema Electrification ETF, which you can use to evaluate the volatility of the etf. Please review Tema Electrification's Risk Adjusted Performance of 0.3946, standard deviation of 0.8433, and Downside Deviation of 0.6181 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tema Electrification's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tema Electrification is expected to be smaller as well.
Auto-correlation | 0.94 |
Excellent predictability
Tema Electrification ETF has excellent predictability. Overlapping area represents the amount of predictability between Tema Electrification time series from 26th of April 2025 to 10th of June 2025 and 10th of June 2025 to 25th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tema Electrification ETF price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Tema Electrification price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
Tema Electrification ETF lagged returns against current returns
Autocorrelation, which is Tema Electrification etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Tema Electrification's etf expected returns. We can calculate the autocorrelation of Tema Electrification returns to help us make a trade decision. For example, suppose you find that Tema Electrification has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Tema Electrification regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Tema Electrification etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tema Electrification etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tema Electrification etf over time.
Current vs Lagged Prices |
| Timeline |
Tema Electrification Lagged Returns
When evaluating Tema Electrification's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tema Electrification etf have on its future price. Tema Electrification autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Tema Electrification autocorrelation shows the relationship between Tema Electrification etf current value and its past values and can show if there is a momentum factor associated with investing in Tema Electrification ETF.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Tema Electrification Correlation, Tema Electrification Volatility and Tema Electrification Alpha and Beta module to complement your research on Tema Electrification. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Tema Electrification 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.