AllianzIM Large Competition
| APRT Etf | USD 41.90 0.02 0.05% |
AllianzIM Large vs Manager Directed Correlation
Almost no diversification
The correlation between AllianzIM Large Cap and TOAK is 0.9 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AllianzIM Large Cap and TOAK in the same portfolio, assuming nothing else is changed.
Moving together with AllianzIM Etf
| 0.95 | INOV | Innovator ETFs Trust | PairCorr |
| 0.95 | BUFR | First Trust Cboe Sell-off Trend | PairCorr |
| 0.96 | BUFD | FT Cboe Vest | PairCorr |
| 0.94 | PSEP | Innovator SP 500 | PairCorr |
| 0.99 | PJAN | Innovator SP 500 | PairCorr |
Moving against AllianzIM Etf
AllianzIM Large Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between AllianzIM Large and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of AllianzIM and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of AllianzIM Large Cap does not affect the price movement of the other competitor.
AllianzIM Large Constituents Risk-Adjusted Indicators
There is a big difference between AllianzIM Etf performing well and AllianzIM Large ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze AllianzIM Large's 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AUGT | 0.29 | 0.01 | (0.06) | 0.08 | 0.42 | 0.58 | 2.26 | |||
| PSCJ | 0.19 | 0.01 | (0.13) | 0.10 | 0.15 | 0.44 | 1.57 | |||
| OCTT | 0.33 | 0.00 | (0.05) | 0.07 | 0.45 | 0.62 | 2.50 | |||
| SIXF | 0.21 | 0.02 | (0.07) | 0.13 | 0.21 | 0.45 | 1.43 | |||
| PSCQ | 0.25 | 0.00 | (0.11) | 0.07 | 0.29 | 0.61 | 1.91 | |||
| JANT | 0.26 | 0.03 | (0.02) | 0.14 | 0.33 | 0.61 | 2.50 | |||
| APRJ | 0.07 | 0.01 | (0.65) | 0.31 | 0.00 | 0.20 | 0.45 | |||
| FFLS | 0.34 | 0.00 | (0.12) | 0.06 | 0.41 | 0.73 | 2.44 | |||
| NXTE | 1.10 | 0.02 | 0.03 | 0.08 | 1.27 | 2.09 | 6.17 | |||
| TOAK | 0.06 | 0.00 | (0.28) | 0.25 | 0.02 | 0.14 | 1.34 |
AllianzIM Large Competitive Analysis
The better you understand AllianzIM Large competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, AllianzIM Large's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across AllianzIM Large's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
AllianzIM Large Competition Performance Charts
Five steps to successful analysis of AllianzIM Large Competition
AllianzIM Large's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by AllianzIM Large Cap in relation to its competition. AllianzIM Large's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of AllianzIM Large in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact AllianzIM Large's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to AllianzIM Large Cap, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your AllianzIM Large position
In addition to having AllianzIM Large 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 Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 43 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 Office Supplies Theme or any other thematic opportunities.
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Check out AllianzIM Large Correlation with its peers.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Understanding AllianzIM Large Cap requires distinguishing between market price and book value, where the latter reflects AllianzIM's accounting equity. The concept of intrinsic value—what AllianzIM Large's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push AllianzIM Large's price substantially above or below its fundamental value.
Understanding that AllianzIM Large's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether AllianzIM Large represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, AllianzIM Large's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.