Tema Luxury Etf Profile
| LUX Etf | 24.55 0.27 1.11% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Tema Luxury is trading at 24.55 as of the 24th of April 2024; that is 1.11 percent up since the beginning of the trading day. The etf's open price was 24.28. Tema Luxury has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Tema Luxury ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Luxottica Group S.p.A., together with its subsidiaries, offer fashion, luxury, sports, and performance eyewear worldwide. The company has 476.98 M outstanding shares of which 103.97 K shares are now shorted by investors with about 2.11 days to cover. More on Tema Luxury ETF
Moving together with Tema Etf
| 0.84 | VTI | Vanguard Total Stock | PairCorr |
| 0.83 | SPY | SPDR SP 500 | PairCorr |
| 0.84 | IVV | iShares Core SP | PairCorr |
| 0.75 | VTV | Vanguard Value Index | PairCorr |
| 0.86 | VUG | Vanguard Growth Index | PairCorr |
| 0.8 | VO | Vanguard Mid Cap | PairCorr |
Moving against Tema Etf
| 0.51 | VIIX | VIIX | PairCorr |
Tema 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. Tema Luxury's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tema Luxury or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Massimo Vian |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Theme ETFs, Strategy ETFs, null, null, Medical Equipment (View all Sectors) |
| Issuer | Tema Global |
| Inception Date | 2023-05-11 |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | US Bancorp Fund Services, LLC |
| Advisor | Tema Global Limited |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Javier Lastra |
| Transfer Agent | US Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 32.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.99 |
| Management Fee | 0.99 |
| 200 Day M A | 23.7859 |
| Country Name | USA |
| 50 Day M A | 25.2799 |
| Code | LUX |
| Updated At | 14th of April 2024 |
| Name | Tema Luxury ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Type | ETF |
Tema Luxury ETF [LUX] is traded in USA and was established null. The fund is classified under Strategy category within null family. The entity is thematically classified as Theme ETFs. Tema Luxury ETF now have in assets.
Tema Luxury ETF has about 1.02 B in cash with 1.46 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.14.
Check Tema Luxury Probability Of Bankruptcy
Geographic Allocation (%)
Tema Luxury ETF Currency Exposure
Tema Luxury ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Tema Luxury will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Tema Luxury ETF.
Top Tema Luxury ETF Etf Constituents
| MAR | Marriott International | Stock | Consumer Discretionary |
| OR | LOreal SA | Stock | Household & Personal Products |
| MC | LVMH Mot Hennessy | Stock | Luxury Goods |
| CFR | Compagnie Financire Richemont | Stock | Luxury Goods |
| RMS | Hermes International SCA | Stock | Luxury Goods |
| RI | Pernod Ricard SA | Stock | Beverages—Wineries & Distilleries |
| HLT | Hilton Worldwide Holdings | Stock | Consumer Discretionary |
Tema Luxury Target Price Odds Analysis
Based on a normal probability distribution, the odds of Tema Luxury jumping above the current price in 90 days from now is about 62.54%. The Tema Luxury ETF probability density function shows the probability of Tema Luxury etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the etf has a beta coefficient of 1.0812. This indicates Tema Luxury ETF market returns are sensitive to returns on the market. As the market goes up or down, Tema Luxury is expected to follow. Additionally, tema Luxury ETF has an alpha of 0.0155, implying that it can generate a 0.0155 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Tema Luxury to move above the current price in 90 days from now is about 62.54 (This Tema Luxury ETF probability density function shows the probability of Tema Etf to fall within a particular range of prices over 90 days) .
Tema Luxury Top Holders
| FLIY | FLIY | Etf | Miscellaneous Region |
Tema Luxury ETF Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tema Luxury market risk premium is the additional return an investor will receive from holding Tema Luxury 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 Tema Luxury. 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 Tema Luxury's alpha and beta are two of the key measurements used to evaluate Tema Luxury's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0755 | |||
| Jensen Alpha | 0.0155 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0222 |
Tema Luxury Against Markets
Picking the right benchmark for Tema Luxury 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 Tema Luxury 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 Tema Luxury is critical whether you are bullish or bearish towards Tema Luxury ETF at a given time. Please also check how Tema Luxury'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 Tema Luxury 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.Did you try this?
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Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
| All Next | Launch Module |
How to buy Tema Etf?
Before investing in Tema Luxury, 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 Tema Luxury. To buy Tema Luxury etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tema Luxury. 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 Tema Luxury etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tema Luxury ETF 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 Tema Luxury ETF 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 Tema Luxury ETF, 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 Tema Etf please use our How to Invest in Tema Luxury guide.
Already Invested in Tema Luxury ETF?
The danger of trading Tema Luxury ETF 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 Tema Luxury 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 Tema Luxury. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tema Luxury ETF 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 Tema Luxury ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tema Luxury's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tema Luxury Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Tema Luxury Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Tema Luxury ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.