Exchange Listed Competition
| BCUS Etf | 33.03 0.00 0.00% |
Exchange Listed vs SPDR SP Correlation
Very poor diversification
The correlation between Exchange Listed Funds and FITE is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Exchange Listed Funds and FITE in the same portfolio, assuming nothing else is changed.
Moving together with Exchange Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Exchange Listed's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Exchange Listed Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Exchange Listed 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 Exchange 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 Exchange Listed Funds does not affect the price movement of the other competitor.
Exchange Listed Constituents Risk-Adjusted Indicators
There is a big difference between Exchange Etf performing well and Exchange Listed 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 Exchange Listed'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| STNC | 0.63 | 0.01 | 0.01 | 0.07 | 0.72 | 1.48 | 3.02 | |||
| SPYC | 0.76 | (0.07) | 0.00 | (0.01) | 0.00 | 1.70 | 5.04 | |||
| BAMV | 0.59 | (0.03) | (0.05) | 0.02 | 0.73 | 1.10 | 3.07 | |||
| RISN | 0.56 | (0.03) | (0.05) | 0.02 | 0.68 | 1.24 | 3.08 | |||
| GLRY | 0.88 | 0.00 | 0.00 | 0.05 | 1.19 | 1.56 | 4.62 | |||
| SPD | 0.65 | 0.00 | (0.05) | 0.06 | 0.87 | 1.43 | 4.51 | |||
| XOCT | 0.21 | 0.00 | (0.09) | 0.06 | 0.26 | 0.46 | 1.79 | |||
| PSMJ | 0.19 | 0.01 | (0.10) | 0.08 | 0.16 | 0.45 | 1.53 | |||
| MMLG | 0.86 | (0.11) | 0.00 | (0.07) | 0.00 | 1.62 | 5.30 | |||
| FITE | 1.23 | 0.01 | 0.01 | 0.06 | 1.48 | 2.30 | 5.87 |
Exchange Listed Competitive Analysis
The better you understand Exchange Listed competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Exchange Listed'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 Exchange Listed'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 |
Exchange Listed Competition Performance Charts
Five steps to successful analysis of Exchange Listed Competition
Exchange Listed'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 Exchange Listed Funds in relation to its competition. Exchange Listed's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Exchange Listed 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 Exchange Listed's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Exchange Listed Funds, 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 Exchange Listed position
In addition to having Exchange Listed 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 Marketing Thematic Idea Now
Marketing
Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 34 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 Marketing Theme or any other thematic opportunities.
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Check out Exchange Listed Correlation with its peers. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Exchange Listed Funds's market price often diverges from its book value, the accounting figure shown on Exchange's balance sheet. Smart investors calculate Exchange Listed's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Exchange Listed's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Exchange Listed's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Exchange Listed should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Exchange Listed'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.