Alpha Architect Competition
| IMOM Etf | USD 41.50 0.99 2.33% |
Alpha Architect vs First Trust Correlation
Very poor diversification
The correlation between Alpha Architect International and DALI is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alpha Architect International and DALI in the same portfolio, assuming nothing else is changed.
Moving together with Alpha Etf
| 0.96 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.94 | IEFA | iShares Core MSCI | PairCorr |
| 0.95 | VEU | Vanguard FTSE All | PairCorr |
| 0.94 | EFA | iShares MSCI EAFE | PairCorr |
| 0.95 | IXUS | iShares Core MSCI | PairCorr |
Moving against Alpha Etf
| 0.78 | VIXY | ProShares VIX Short Low Volatility | PairCorr |
| 0.77 | VXX | iPath Series B Low Volatility | PairCorr |
| 0.75 | VIXM | ProShares VIX Mid Low Volatility | PairCorr |
| 0.75 | VXZ | iPath Series B Low Volatility | PairCorr |
| 0.52 | YCL | ProShares Ultra Yen | PairCorr |
Alpha Architect Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Alpha Architect 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 Alpha 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 Alpha Architect Inte does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Alpha Architect Constituents Risk-Adjusted Indicators
There is a big difference between Alpha Etf performing well and Alpha Architect 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 Alpha Architect'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IDNA | 1.19 | 0.20 | 0.14 | 0.29 | 1.10 | 3.05 | 6.48 | |||
| GLIN | 0.76 | (0.04) | 0.00 | (0.42) | 0.00 | 1.33 | 4.37 | |||
| KLIP | 0.71 | (0.03) | (0.06) | 0.00 | 0.90 | 1.26 | 4.48 | |||
| TRTY | 0.47 | 0.05 | 0.02 | 0.16 | 0.79 | 1.01 | 2.59 | |||
| FLEE | 0.64 | 0.10 | 0.11 | 0.18 | 0.61 | 1.41 | 3.65 | |||
| JHPI | 0.13 | 0.00 | (0.19) | 0.05 | 0.13 | 0.31 | 0.92 | |||
| LEGR | 0.59 | 0.07 | 0.07 | 0.14 | 0.68 | 1.18 | 3.34 | |||
| EDGI | 0.52 | 0.12 | 0.10 | 0.97 | 0.55 | 1.06 | 2.53 | |||
| ECOW | 0.50 | 0.16 | 0.17 | 1.20 | 0.40 | 1.12 | 3.06 | |||
| DALI | 0.77 | 0.04 | 0.04 | 0.09 | 0.87 | 1.53 | 3.64 |
Alpha Architect Competitive Analysis
The better you understand Alpha Architect competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Alpha Architect'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 Alpha Architect'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 |
Alpha Architect Competition Performance Charts
Five steps to successful analysis of Alpha Architect Competition
Alpha Architect'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 Alpha Architect Inte in relation to its competition. Alpha Architect's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Alpha Architect 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 Alpha Architect's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Alpha Architect Inte, 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 Alpha Architect position
In addition to having Alpha Architect 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 Small Value Funds Thematic Idea Now
Small Value Funds
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 32 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 Small Value Funds Theme or any other thematic opportunities.
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Check out Alpha Architect Correlation with its peers. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Investors evaluate Alpha Architect Inte using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Alpha Architect's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Alpha Architect's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Alpha Architect's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Architect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Alpha Architect's market price signifies the transaction level at which participants voluntarily complete trades.