PHN Canadian Competition

Funds . Canada . 
Fund . PHN Canadian Equity
0P0000N468  CAD 22.69  0.03  0.13%   
  
Hype
Prediction
LowEstimatedHigh
22.1722.6923.21
Details
Intrinsic
Valuation
LowRealHigh
20.4223.6124.13
Details
Naive
Forecast
LowNextHigh
22.3322.8423.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.9422.3622.78
Details

PHN Canadian Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between PHN Canadian and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of PHN 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 PHN Canadian Equity does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
0P0000N468
+ 0.98
0P00007061
0P0000OXA6
+ 0.96
0P0000N468
0P00007061
+ 0.95
0P00007173
0P0000N468
+ 0.93
0P00007173
0P0000OXA6
+ 0.93
0P00007061
0P0000OXA6
+ 0.91
0P00007173
  
High negative correlations   
0P0000OXA6
- 0.83
ZUAG-U
ZUAG-U
- 0.72
0P0000N468
ZUAG-U
- 0.66
0P00007061
SOLR
- 0.65
0P00007173
ZUAG-U
- 0.65
0P00007173
0P0000OXA6
- 0.6
SOLR

Risk-Adjusted Indicators

There is a big difference between PHN Fund performing well and PHN Canadian Fund 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 PHN Canadian'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
0P00007173  0.40  0.06 (0.08) 0.36  0.26 
(0.44)
 1.01 
(0.53)
 2.41 
0P00007061  0.42  0.13  0.03  2.32  0.25 
(0.48)
 1.15 
(0.68)
 2.58 
0P0000N468  0.41  0.12  0.04  0.75  0.18 
(0.52)
 1.02 
(0.63)
 2.47 
ZUAG-U  0.14 (0.02) 0.00  1.43  0.00 
 0.00 
 0.46 
(0.46)
 2.35 
XHB  0.19  0.02 (0.46)(0.76) 0.09 
(0.25)
 0.46 
(0.31)
 1.07 
EDGF  0.82 (0.01)(0.06) 0.07  1.13 
(1.20)
 2.20 
(1.86)
 6.42 
SOLR  6.23  0.15  0.01  0.21  8.17 
(26.04)
 25.00 
(20.00)
 50.00 
0P0000OXA6  0.51  0.10 (0.01) 1.01  0.50 
(0.54)
 1.07 
(1.18)
 4.34 
ALA-PA  0.51  0.01 (0.17) 0.04  0.66 
(0.61)
 1.15 
(1.45)
 3.73 
ECO  1.49 (0.03)(0.06) 0.02  1.88 
(1.71)
 3.84 
(3.00)
 11.63 
All Fundamental Data

PHN Canadian Competitive Analysis

The better you understand PHN Canadian competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, PHN Canadian'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 PHN Canadian'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
0P0000N468 0P00007173 0P00007061 ZUAG-U XHB EDGF SOLR 0P0000OXA6 ALA-PA ECO
 0.13 
 22.69 
PHN
 0.17 
 101.75 
Mawer
 0.06 
 31.76 
RBC
 0.87 
 30.29 
BMO
 0.51 
 19.74 
IShares
 0.57 
 10.59 
Brompton
 25.00 
 0.03 
Solar
 0.42 
 28.37 
PHN
 0.72 
 19.47 
Altagas
 1.99 
 3.94 
EcoSynthetix
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Out of control
Very steady
Very steady
Slightly risky
Market Performance
(90 Days Performance)
Solid
Solid
Solid
Very Weak
Good
Very Weak
Very Weak
Good
Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
About Average
Low
About Average
Very High
Low
Low
Quite High
Current Valuation
(Equity Enterprise Value)
Under Valued
Fairly Valued
Under Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Strong Hold
Strong Buy
Cautious Hold
Cautious Hold
Cautious Hold
Strong Sell
Strong Hold
Strong Sell
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
0.19
N/A
N/A
30.53
Net Asset
1.5 B
2.4 B
1.53 B
N/A
430.05 M
N/A
1.8 M
5.64 B
21.59 B
42.84 M
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
-0.0107
N/A
0.0239
-0.11
EBITDA
N/A
N/A
N/A
N/A
N/A
N/A
(762.93 K)
N/A
1.14 B
(3.24 M)
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
-0.7
N/A
0.0733
-0.0573
Current Valuation
N/A
N/A
N/A
N/A
N/A
N/A
10.37 M
N/A
N/A
189.39 M
Price To Book
N/A
N/A
N/A
N/A
N/A
N/A
93.97
N/A
N/A
4.26
Five Year Return
0.82
3.4
0.19
N/A
2.8
N/A
N/A
8.42
N/A
N/A
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
(68.87 M)
N/A
N/A
(459.55 M)
One Year Return
-13.79
-3.9
-13.53
N/A
12.1
N/A
N/A
-0.8
N/A
N/A
Beta
N/A
N/A
N/A
N/A
0.94
0.95
1.32
N/A
1.32
0.86
Cash Position Weight
4.16
2.5
2.35
N/A
N/A
N/A
N/A
1.58
N/A
N/A
Equity Positions Weight
95.84
97.45
97.64
N/A
N/A
N/A
N/A
98.42
N/A
N/A
Number Of Employees
1
1
N/A
N/A
1
N/A
N/A
N/A
2.93 K
25
Shares Outstanding
N/A
N/A
N/A
N/A
N/A
N/A
294.19 M
N/A
N/A
58.61 M
Three Year Return
-1.87
1.31
-2.09
N/A
2.5
N/A
N/A
5.68
N/A
N/A
Cash Flow From Operations
N/A
N/A
N/A
N/A
N/A
N/A
97.33 K
N/A
738 M
316.99 K
Annual Yield
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.0524
N/A
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
137.5 K
N/A
7.68 B
584.36 K
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
-6.84
N/A
0.0477
-0.0429
Bond Positions Weight
N/A
0.05
N/A
N/A
97.03
N/A
N/A
N/A
N/A
N/A
Holdings Turnover
N/A
N/A
N/A
N/A
30.71
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
N/A
N/A
N/A
N/A
-0.25
N/A
0.0273
-0.0579
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
1.21 K
N/A
8.1 K
399.87 K
Book Value Per Share
N/A
N/A
N/A
N/A
N/A
N/A
-0.007
N/A
24.88
0.68
Minimum Initial Investment
500
5 K
500
N/A
N/A
N/A
N/A
500
N/A
N/A
Total Asset
1.5 B
2.4 B
1.53 B
N/A
430.05 M
N/A
1.8 M
5.64 B
21.59 B
42.84 M
Last Dividend Paid
N/A
N/A
N/A
N/A
0.065
N/A
N/A
N/A
1.05
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
0.58
N/A
1.62
11.05
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
1.15
N/A
N/A
8.39
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2.7
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
52.87
14.73
Market Capitalization
N/A
N/A
N/A
N/A
N/A
N/A
10.3 M
N/A
N/A
235.6 M
Price To Earning
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-18.42
Price To Sales
N/A
N/A
N/A
N/A
N/A
N/A
1.39
N/A
N/A
14.77
Net Income
N/A
N/A
N/A
N/A
N/A
N/A
(1.81 M)
N/A
283 M
(2.82 M)
Earnings Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.89
-0.04
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
42.24
N/A
N/A
14.48
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
7.47 M
N/A
10.57 B
12.66 M
Ten Year Return
4.57
8.91
2.97
N/A
3.4
N/A
N/A
N/A
N/A
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
(2.31 M)
N/A
N/A
36.96 M
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
403.2 K
N/A
N/A
44.59 M
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.76
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
663.58 K
N/A
2.87 B
4.15 M
Day Typical Price
22.69
101.75
31.76
30.29
19.72
10.61
0.0317
28.37
19.42
3.94
Accumulation Distribution
N/A
N/A
N/A
N/A
35.21
3.28
41297.86
N/A
182.27
6283.52
Market Facilitation Index
N/A
N/A
N/A
N/A
0.0
1.0E-4
N/A
N/A
0.0
0.0
Daily Balance Of Power
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
9.2 T
2.0
0.8571
(2.00)
(9,223,372,036,855)
0.7368
(0.38)
Period Momentum Indicator
0.03
(0.17)
(0.02)
0.26
0.1
0.06
(0.01)
(0.12)
0.14
(0.08)
Rate Of Daily Change
1.0
1.0
1.0
1.01
1.01
1.01
0.75
1.0
1.01
0.98
Day Median Price
22.69
101.75
31.76
30.29
19.72
10.63
0.0325
28.37
19.4
3.94
Price Action Indicator
0.015
(0.09)
(0.01)
0.13
0.075
(0.01)
(0.01)
(0.06)
0.14
(0.04)
Relative Strength Index
66.59
69.18
64.28
20.46
55.59
47.09
45.1
69.3
37.95
45.4
Coefficient Of Variation
352.08
524.55
371.19
(2,242)
943.19
4992.19
3383.91
596.81
12617.14
12359.46
Mean Deviation
0.4079
0.3973
0.4161
0.1444
0.1878
0.8176
6.23
0.5051
0.5095
1.49
Jensen Alpha
0.1163
0.057
0.1306
(0.02)
0.0176
(0.01)
0.151
0.0982
0.0096
(0.03)
Total Risk Alpha
0.0562
0.0067
0.0514
(0.07)
(0.02)
(0.18)
(1.54)
(0)
(0.12)
(0.31)
Sortino Ratio
0.0383
(0.08)
0.031
N/A
(0.46)
(0.06)
0.0102
(0.01)
(0.17)
(0.06)
Downside Variance
0.2258
0.2053
0.3119
N/A
0.0516
2.86
478.13
0.5125
0.5698
4.12
Standard Deviation
0.5232
0.504
0.5483
0.3129
0.2374
1.26
11.96
0.725
0.7055
2.02
Kurtosis
0.6768
0.4452
0.7256
12.27
0.1549
1.26
1.43
4.05
1.01
1.27
Potential Upside
1.02
1.01
1.15
0.4568
0.4606
2.2
25.0
1.07
1.15
3.84
Treynor Ratio
0.7496
0.356
2.32
1.43
(0.76)
0.0748
0.2148
1.01
0.038
0.0217
Maximum Drawdown
2.47
2.41
2.58
2.35
1.07
6.42
50.0
4.34
3.73
11.63
Variance
0.2737
0.254
0.3006
0.0979
0.0564
1.58
143.12
0.5256
0.4977
4.08
Market Risk Adjusted Performance
0.7596
0.366
2.33
1.44
(0.75)
0.0848
0.2248
1.02
0.048
0.0317
Risk Adjusted Performance
0.2125
0.1406
0.202
(0.05)
0.0589
0.0192
0.032
0.1276
0.0052
0.0124
Skewness
(0.23)
0.1417
(0.28)
(1.99)
0.525
(0.40)
0.5274
0.6287
(0.18)
(0.05)
Semi Deviation
0.1773
0.2634
0.2518
N/A
0.09
1.13
8.17
0.4994
0.6639
1.88
Information Ratio
0.0348
(0.07)
0.0316
(0.46)
(0.44)
(0.08)
0.0187
(0.01)
(0.18)
(0.06)
Value At Risk
(0.63)
(0.53)
(0.68)
(0.46)
(0.31)
(1.86)
(20.00)
(1.18)
(1.45)
(3.00)
Expected Short fall
(0.52)
(0.44)
(0.48)
N/A
(0.25)
(1.20)
(26.04)
(0.54)
(0.61)
(1.71)
Downside Deviation
0.4752
0.4531
0.5585
N/A
0.2271
1.69
21.87
0.7159
0.7548
2.03
Semi Variance
0.0314
0.0694
0.0634
N/A
0.0081
1.27
66.75
0.2494
0.4408
3.53

PHN Canadian Competition Performance Charts

Five steps to successful analysis of PHN Canadian Competition

PHN Canadian'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 PHN Canadian Equity in relation to its competition. PHN Canadian's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of PHN Canadian 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 PHN Canadian's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to PHN Canadian Equity, 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Other Information on Investing in PHN Fund

PHN Canadian financial ratios help investors to determine whether PHN Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PHN with respect to the benefits of owning PHN Canadian security.
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