Tema Luxury Etf Buy Hold or Sell Recommendation
| LUX Etf | 24.35 0.20 0.81% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Tema Luxury ETF is 'Strong Hold'. Macroaxis provides Tema Luxury buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LUX positions. The advice algorithm takes into account all of Tema Luxury's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Tema Luxury's buy or sell advice are summarized below:
Real Value 24.17 | Hype Value 24.55 | Market Value 24.35 | Naive Value 24.52 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Tema Luxury ETF given historical horizon and risk tolerance towards Tema Luxury. When Macroaxis issues a 'buy' or 'sell' recommendation for Tema Luxury ETF, the advice is generated through an automated system that utilizes algorithms and statistical models.
Tema |
Execute Tema Luxury Buy or Sell Advice
The Tema recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tema Luxury ETF. Macroaxis does not own or have any residual interests in Tema Luxury ETF or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tema Luxury's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
Tema Luxury Trading Alerts and Improvement Suggestions
| Latest headline from finance.yahoo.com: Vuzix Q4 2023 Earnings Call Transcript |
Tema Luxury Returns Distribution Density
The distribution of Tema Luxury's historical returns is an attempt to chart the uncertainty of Tema Luxury's future price movements. The chart of the probability distribution of Tema Luxury daily returns describes the distribution of returns around its average expected value. We use Tema Luxury ETF price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tema Luxury returns is essential to provide solid investment advice for Tema Luxury.
| Mean Return | 0.12 | Value At Risk | -1.66 | Potential Upside | 1.51 | Standard Deviation | 0.96 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tema Luxury historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Tema Luxury Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Tema Luxury or Tema sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Tema Luxury's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Tema etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 1.09 | |
σ | Overall volatility | 0.96 | |
Ir | Information ratio | 0.03 |
Tema Luxury Volatility Alert
Tema Luxury ETF has low volatility with Treynor Ratio of 0.11, Maximum Drawdown of 5.62 and kurtosis of 1.29. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tema Luxury's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tema Luxury's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Tema Luxury Fundamentals Vs Peers
Comparing Tema Luxury's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Tema Luxury's direct or indirect competition across all of the common fundamentals between Tema Luxury and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tema Luxury or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Tema Luxury's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tema Luxury by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tema Luxury to competition |
| Fundamentals | Tema Luxury | Peer Average |
| Price To Earning | 30.73 X | 3.15 X |
| Price To Book | 4.54 X | 0.39 X |
| Price To Sales | 2.80 X | 0.33 X |
| Five Year Return | 2.04 % | 1.12 % |
| Last Dividend Paid | 0.97 | 0.14 |
Tema Luxury Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tema . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Tema Luxury Buy or Sell Advice
When is the right time to buy or sell Tema Luxury ETF? Buying financial instruments such as Tema Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Tema Luxury in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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Check out Tema Luxury Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Tema Luxury 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 Luxury's value that differs from its market value or its book value, called intrinsic value, which is Tema Luxury'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 Luxury's market value can be influenced by many factors that don't directly affect Tema Luxury'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 Luxury's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tema Luxury is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tema Luxury'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.