Main Thematic Innovation Etf Profile

TMAT Etf  USD 17.52  0.07  0.40%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Main Thematic is selling for under 17.52 as of the 28th of March 2024; that is 0.40 percent up since the beginning of the trading day. The etf's last reported lowest price was 17.42. Main Thematic has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Main Thematic Innovation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The adviser seeks to achieve its objective through dynamic thematic rotation. Main Thematic is traded on BATS Exchange in the United States. More on Main Thematic Innovation

Moving together with Main Etf

  0.64INFL Horizon Kinetics InfPairCorr
  0.93PSP Invesco Global ListedPairCorr

Moving against Main Etf

  0.87BFIT BFITPairCorr
  0.66EDUT Global XPairCorr

Main Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Main Thematic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Main Thematic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationTheme ETFs, Strategy ETFs, Global Small/Mid Stock, Main Management ETFs (View all Sectors)
IssuerMain Management
Inception Date2021-01-29
Entity TypeRegulated Investment Company
Asset Under Management135 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorGemini Fund Services, LLC
AdvisorMain Management ETF Advisors, LLC
CustodianBrown Brothers Harriman & Co.
DistributorNorthern Lights Distributors, LLC
Portfolio ManagerKim D. Arthur, James W. Concidine, J. Richard Fredericks, Alex Varner
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Dec
ExchangeCboe BZX Exchange, Inc.
Number of Constituents11.0
Market MakerVirtu Financial
Total Expense1.54
Management Fee0.65
Country NameUSA
Returns Y T D6.53
NameMain Thematic Innovation ETF
Currency CodeUSD
Open FigiBBG00Z2ZS4R4
In Threey Volatility28.47
1y Volatility29.98
200 Day M A15.0852
50 Day M A16.5236
CodeTMAT
Updated At27th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.39)
TypeETF
Main Thematic Innovation [TMAT] is traded in USA and was established 2021-01-28. The fund is listed under Global Small/Mid Stock category and is part of Main Management ETFs family. The entity is thematically classified as Theme ETFs. Main Thematic Innovation at this time have 56.81 M in assets. , while the total return for the last 3 years was -8.7%.
Check Main Thematic Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Main Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Main Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Main Thematic Innovation Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Main Thematic Innovation Etf Constituents

ARKFARK Fintech InnovationEtfTechnology
ARKGARK Genomic RevolutionEtfHealth
BOTZGlobal X RoboticsEtfMiscellaneous Sector
CLOUGlobal X CloudEtfTechnology
ESPOVanEck Video GamingEtfCommunications
KOMPSPDR Kensho NewEtfMid-Cap Growth
KSTRKraneShares SSE STAREtfChina Region
More Details

Main Thematic Target Price Odds Analysis

Attributed to a normal probability distribution, the odds of Main Thematic jumping above the current price in 90 days from now is about 7.22%. The Main Thematic Innovation probability density function shows the probability of Main Thematic etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.9265. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Main Thematic will likely underperform. Additionally, main Thematic Innovation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 17.52HorizonTargetOdds Above 17.52
92.68%90 days
 17.52 
7.22%
Based on a normal probability distribution, the odds of Main Thematic to move above the current price in 90 days from now is about 7.22 (This Main Thematic Innovation probability density function shows the probability of Main Etf to fall within a particular range of prices over 90 days) .

Main Thematic Innovation Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Main Thematic market risk premium is the additional return an investor will receive from holding Main Thematic long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Main Thematic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Main Thematic's alpha and beta are two of the key measurements used to evaluate Main Thematic's performance over the market, the standard measures of volatility play an important role as well.

Main Thematic Against Markets

Picking the right benchmark for Main Thematic etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Main Thematic etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Main Thematic is critical whether you are bullish or bearish towards Main Thematic Innovation at a given time. Please also check how Main Thematic's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Main Thematic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Main Etf?

Before investing in Main Thematic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Main Thematic. To buy Main Thematic etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Main Thematic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Main Thematic etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Main Thematic Innovation etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Main Thematic Innovation etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Main Thematic Innovation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Main Etf please use our How to Invest in Main Thematic guide.

Already Invested in Main Thematic Innovation?

The danger of trading Main Thematic Innovation is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Main Thematic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Main Thematic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Main Thematic Innovation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Main Thematic Innovation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Main Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Main Thematic Innovation Etf. Highlighted below are key reports to facilitate an investment decision about Main Thematic Innovation Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Main Thematic Innovation. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Main Thematic Innovation information on this page should be used as a complementary analysis to other Main Thematic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Main Etf analysis

When running Main Thematic's price analysis, check to measure Main Thematic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Main Thematic is operating at the current time. Most of Main Thematic's value examination focuses on studying past and present price action to predict the probability of Main Thematic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Main Thematic's price. Additionally, you may evaluate how the addition of Main Thematic to your portfolios can decrease your overall portfolio volatility.
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The market value of Main Thematic Innovation is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Thematic's value that differs from its market value or its book value, called intrinsic value, which is Main Thematic'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 Main Thematic's market value can be influenced by many factors that don't directly affect Main Thematic'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 Main Thematic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Thematic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Thematic'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.