MiraeAsset TIGER Competition

Etfs . Korea . 
Etf . MiraeAsset TIGER Quality
227570 Etf   11,815  115.00  0.96%   
MiraeAsset TIGER Quality competes with Busan Industrial, UNISEM, Finebesteel, Shinhan Inverse, and Fine Besteel; as well as few others. Analyzing MiraeAsset TIGER competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of MiraeAsset TIGER to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of MiraeAsset TIGER competition on your existing holdings.
  
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as MiraeAsset TIGER. Your research has to be compared to or analyzed against MiraeAsset TIGER's peers to derive any actionable benefits. When done correctly, MiraeAsset TIGER's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in MiraeAsset TIGER Quality.

MiraeAsset TIGER Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between MiraeAsset TIGER 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 MiraeAsset 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 MiraeAsset TIGER Quality does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPM
+ 0.85
CRM
CRM
+ 0.79
T
XOM
+ 0.72
META
JPM
+ 0.69
F
XOM
+ 0.65
CRM
CRM
+ 0.64
META
  
High negative correlations   
MRK
- 0.91
CRM
MRK
- 0.83
JPM
MRK
- 0.78
T
JPM
- 0.62
A
XOM
- 0.56
MRK
MRK
- 0.53
META

MiraeAsset TIGER Competition Risk-Adjusted Indicators

There is a big difference between MiraeAsset Etf performing well and MiraeAsset TIGER 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 MiraeAsset TIGER'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
META  1.06  0.06  0.02  0.20  1.40 
(1.15)
 2.62 
(3.15)
 8.02 
MSFT  0.92 (0.05)(0.05) 0.05  1.49 
(0.89)
 2.09 
(1.85)
 8.19 
UBER  1.62 (0.12)(0.05) 0.00  2.30 
(1.74)
 2.69 
(2.53)
 20.10 
F  1.43 (0.15)(0.04) 0.02  2.20 
(1.42)
 2.53 
(2.90)
 11.21 
T  0.92  0.28  0.15 (7.88) 0.85 
(1.05)
 2.56 
(1.72)
 6.47 
A  1.17 (0.09) 0.00 (0.05) 0.00 
 0.00 
 2.71 
(2.42)
 9.02 
CRM  1.34  0.21  0.16  0.30  1.16 
(1.53)
 3.18 
(1.93)
 9.09 
JPM  1.12 (0.01) 0.06  0.11  1.40 
(1.21)
 2.05 
(2.00)
 15.87 
MRK  0.91 (0.21) 0.00 (0.74) 0.00 
 0.00 
 2.00 
(2.13)
 4.89 
XOM  1.01 (0.05)(0.08) 0.02  1.33 
(1.07)
 2.10 
(2.09)
 5.74 
All Fundamental Data

MiraeAsset TIGER Competitive Analysis

The better you understand MiraeAsset TIGER competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, MiraeAsset TIGER'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 MiraeAsset TIGER'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
227570 011390 011390 006805 500015 036200 133820 500003 133820 267250
 0.96 
 11,815 
MiraeAsset
 3.61 
 61,400 
Busan
 3.61 
 61,400 
Busan
 0.88 
 4,480 
Mirae
 0.91 
 7,215 
Shinhan
 2.31 
 5,920 
UNISEM
 4.82 
 1,047 
Finebesteel
 0.54 
 2,785 
Shinhan
 4.82 
 1,047 
Fine
 1.14 
 77,800 
Hyundai
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Modest
Modest
Insignificant
Very Weak
Very Weak
OK
Weak
OK
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Unknown
Low
Unknown
Unknown
Unknown
Low
Low
Low
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over 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)
Hold
Sell
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Hold
Strong Sell
Hold
Cautious Hold
Current Ratio
N/A
3.52
N/A
N/A
N/A
N/A
Net Asset
N/A
232.94 B
183.24 B
N/A
N/A
35.82 T
Profit Margin
N/A
0.12
0.0673
N/A
N/A
0.0213
EBITDA
N/A
48.39 B
15.33 B
N/A
N/A
1.71 T
Operating Margin
N/A
0.16
0.0934
N/A
N/A
0.0601
Current Valuation
N/A
388.7 B
138.3 B
N/A
N/A
18.9 T
Price To Book
N/A
N/A
0.8
N/A
N/A
0.63
Retained Earnings
N/A
32.16 B
N/A
N/A
N/A
N/A
Current Asset
N/A
60.66 B
N/A
N/A
N/A
N/A
Beta
N/A
1.45
1.23
N/A
N/A
0.9
Number Of Employees
N/A
707
2
N/A
N/A
55
Shares Outstanding
N/A
28.91 M
29.78 M
N/A
N/A
70.67 M
Cash Flow From Operations
N/A
45.18 B
11.17 B
N/A
N/A
205.8 B
Annual Yield
N/A
0.0104
N/A
N/A
N/A
0.12
Total Debt
N/A
1.85 B
5.09 B
N/A
N/A
9.41 T
Return On Equity
N/A
13.1
0.13
N/A
N/A
0.11
Z Score
N/A
65.2
7.2
N/A
N/A
N/A
Return On Asset
N/A
0.14
0.0502
N/A
N/A
0.0372
Current Liabilities
N/A
21.04 B
N/A
N/A
N/A
N/A
Total Asset
N/A
232.94 B
183.24 B
N/A
N/A
35.82 T
Debt To Equity
N/A
0.099
N/A
N/A
N/A
N/A
Target Price
N/A
10000.0
N/A
N/A
N/A
79800.0
Last Dividend Paid
N/A
40.0
N/A
N/A
N/A
7400.0
Shares Owned By Institutions
N/A
5.41
0.01
N/A
N/A
18.6
Market Capitalization
N/A
197.74 B
63.58 B
N/A
N/A
4.35 T
Price To Earning
N/A
57.76
N/A
N/A
N/A
N/A
Price To Sales
N/A
0.64
0.45
N/A
N/A
0.0868
Net Income
N/A
38.16 B
2.37 B
N/A
N/A
(132.3 B)
Earnings Per Share
N/A
334.39
N/A
N/A
N/A
N/A
Shares Owned By Insiders
N/A
29.03
51.0
N/A
N/A
36.3
Revenue
N/A
296.08 B
124.08 B
N/A
N/A
28.16 T
Working Capital
N/A
39.62 B
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
77.9 B
N/A
N/A
N/A
N/A
Gross Profit
N/A
73.09 B
11.61 B
N/A
N/A
2.65 T
Day Typical Price
11838.33
61700.0
61700.0
4538.33
7203.33
5943.33
1076.0
2788.33
1076.0
78066.67
Accumulation Distribution
4.97
2100.22
2100.22
6289.56
4.37
2838.01
5258.72
0.86
5258.72
3432.61
Market Facilitation Index
0.083
0.0917
0.0917
0.0012
0.0642
0.0026
0.0016
0.17
0.0016
0.0178
Daily Balance Of Power
(1.64)
(0.66)
(0.66)
(0.22)
1.444444
(0.67)
(0.54)
(0.75)
(0.54)
(0.41)
Period Momentum Indicator
(115.00)
(2,300)
(2,300)
(40.00)
65.0
(140.00)
(53.00)
(15.00)
(53.00)
(900.00)
Rate Of Daily Change
0.99
0.96
0.96
0.99
1.01
0.98
0.95
0.99
0.95
0.99
Day Median Price
11850.0
61850.0
61850.0
4567.5
7197.5
5955.0
1090.5
2790.0
1090.5
78200.0
Price Action Indicator
(92.50)
(1,600)
(1,600)
(107.50)
50.0
(105.00)
(70.00)
(12.50)
(70.00)
(850.00)
Relative Strength Index
29.02
61.41
61.41
65.32
49.25
38.34
80.64
50.91
80.64
44.82
Coefficient Of Variation
(4,699)
1435.61
1435.61
2120.5
(3,201)
(942.36)
1416.92
4841.76
1416.92
(4,309)
Mean Deviation
0.6085
2.71
2.71
1.29
1.68
2.42
1.99
1.64
1.99
1.4
Jensen Alpha
(0.04)
0.2874
0.2874
0.1486
(0.04)
(0.37)
0.1533
0.0445
0.1533
(0.08)
Total Risk Alpha
(0.15)
(0.44)
(0.44)
(0.42)
(0.39)
(0.83)
(0.26)
(0.28)
(0.26)
(0.34)
Sortino Ratio
N/A
0.0687
0.0687
0.0284
N/A
N/A
0.045
(0.04)
0.045
N/A
Downside Variance
N/A
12.37
12.37
4.87
N/A
N/A
4.76
4.06
4.76
N/A
Standard Deviation
0.8424
5.27
5.27
3.99
2.1
3.2
3.17
2.11
3.17
1.9
Kurtosis
1.19
16.77
16.77
49.4
(0.36)
0.9295
16.08
0.1569
16.08
1.03
Potential Upside
1.2
5.62
5.62
1.44
2.86
6.07
3.59
4.16
3.59
2.8
Treynor Ratio
(0.20)
0.5919
0.5919
0.7003
0.24
(2.46)
0.4088
(0.36)
0.4088
(0.25)
Maximum Drawdown
4.46
24.98
24.98
37.44
8.67
16.12
25.82
9.46
25.82
9.29
Variance
0.7097
27.76
27.76
15.88
4.41
10.24
10.04
4.47
10.04
3.62
Market Risk Adjusted Performance
(0.19)
0.6019
0.6019
0.7103
0.25
(2.45)
0.4188
(0.35)
0.4188
(0.24)
Risk Adjusted Performance
(0.02)
0.0619
0.0619
0.0442
(0.02)
(0.07)
0.0617
0.0222
0.0617
(0.01)
Skewness
(0.57)
3.06
3.06
6.41
(0.39)
0.8195
2.79
0.5013
2.79
(0.77)
Semi Deviation
N/A
3.17
3.17
1.67
N/A
N/A
2.01
1.85
2.01
N/A
Information Ratio
(0.17)
0.0459
0.0459
0.0157
(0.09)
(0.15)
0.031
(0.04)
0.031
(0.09)
Value At Risk
(1.74)
(4.82)
(4.82)
(2.55)
(4.10)
(4.11)
(2.93)
(3.07)
(2.93)
(3.21)
Expected Short fall
N/A
(3.44)
(3.44)
(1.46)
N/A
N/A
(2.57)
(1.84)
(2.57)
N/A
Downside Deviation
N/A
3.52
3.52
2.21
N/A
N/A
2.18
2.02
2.18
N/A
Semi Variance
N/A
10.04
10.04
2.78
N/A
N/A
4.03
3.44
4.03
N/A

MiraeAsset TIGER Competition Performance Charts

Five steps to successful analysis of MiraeAsset TIGER Competition

MiraeAsset TIGER'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 MiraeAsset TIGER Quality in relation to its competition. MiraeAsset TIGER's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of MiraeAsset TIGER 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 MiraeAsset TIGER's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to MiraeAsset TIGER Quality, 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.

Complement your MiraeAsset TIGER position

In addition to having MiraeAsset TIGER 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.

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Size And Style ETFs Theme
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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 Size And Style ETFs Theme or any other thematic opportunities.
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