AAM SP Competition
| SPDV Etf | USD 36.54 0.08 0.22% |
AAM SP vs SPDR SP Correlation
Poor diversification
The correlation between AAM SP 500 and XHS is 0.7 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AAM SP 500 and XHS in the same portfolio, assuming nothing else is changed.
Moving together with AAM Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AAM SP'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.
AAM SP Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between AAM SP 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 AAM 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 AAM SP 500 does not affect the price movement of the other competitor.
AAM SP Constituents Risk-Adjusted Indicators
There is a big difference between AAM Etf performing well and AAM SP 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 AAM SP'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BRHY | 0.11 | 0.01 | (0.21) | 0.15 | 0.00 | 0.31 | 0.75 | |||
| RSPC | 0.55 | (0.05) | 0.00 | (0.05) | 0.00 | 0.92 | 3.03 | |||
| FGM | 0.77 | 0.22 | 0.19 | 0.31 | 0.77 | 1.80 | 4.72 | |||
| TMFS | 0.92 | (0.01) | 0.00 | 0.04 | 1.01 | 2.30 | 5.72 | |||
| XSHD | 0.72 | 0.09 | 0.10 | 0.17 | 0.58 | 1.69 | 4.45 | |||
| QAT | 0.55 | 0.04 | 0.00 | 0.15 | 0.77 | 0.96 | 3.08 | |||
| FKU | 0.63 | 0.20 | 0.24 | 0.36 | 0.41 | 1.40 | 2.83 | |||
| SPXE | 0.55 | (0.02) | (0.04) | 0.02 | 0.78 | 1.01 | 3.88 | |||
| DBEM | 0.66 | 0.14 | 0.17 | 0.30 | 0.42 | 1.63 | 3.70 | |||
| XHS | 0.83 | 0.01 | 0.00 | 0.06 | 1.12 | 2.15 | 8.29 |
AAM SP Competitive Analysis
The better you understand AAM SP competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, AAM SP'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 AAM SP'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 |
AAM SP Competition Performance Charts
Five steps to successful analysis of AAM SP Competition
AAM SP'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 AAM SP 500 in relation to its competition. AAM SP's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of AAM SP 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 AAM SP's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to AAM SP 500, 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 AAM SP position
In addition to having AAM SP 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 Stores Thematic Idea Now
Stores
Companies providing different types of retail and wholesale services. The Stores theme has 19 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 Stores Theme or any other thematic opportunities.
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Check out AAM SP Correlation with its peers. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Understanding AAM SP 500 requires distinguishing between market price and book value, where the latter reflects AAM's accounting equity. The concept of intrinsic value—what AAM SP's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Investment professionals apply varied valuation frameworks to compute inherent worth and acquire positions when market prices trade at discounts to calculated value. Market sentiment, economic cycles, and investor behavior can push AAM SP's price substantially above or below its fundamental value.
Please note, there is a significant difference between AAM SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAM SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, AAM SP's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.