Leverage Shares Competition

3VTE Etf

4.38 0.01 0.23%

Analyzing Leverage Shares 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 Leverage Shares 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 board of governors.

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 Leverage Shares competition on your existing holdings.

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Leverage Shares Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Leverage Shares 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 Leverage 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 Leverage Shares 3x does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.28	0.56	0.02	0.58	0.03	0.65	0.28	-0.54	0.71	META
MSFT	0.28		0.23	0.14	0.19	-0.02	0.03	-0.13	0.11	-0.19	MSFT
UBER	0.56	0.23		-0.04	-0.02	0.27	0.01	-0.13	0.06	0.35	UBER
F	0.02	0.14	-0.04		0.14	-0.4	0.44	0.67	-0.31	0.32	F
T	0.58	0.19	-0.02	0.14		-0.51	0.77	0.56	-0.78	0.37	T
A	0.03	-0.02	0.27	-0.4	-0.51		-0.48	-0.64	0.64	-0.01	A
CRM	0.65	0.03	0.01	0.44	0.77	-0.48		0.85	-0.92	0.66	CRM
JPM	0.28	-0.13	-0.13	0.67	0.56	-0.64	0.85		-0.83	0.49	JPM
MRK	-0.54	0.11	0.06	-0.31	-0.78	0.64	-0.92	-0.83		-0.56	MRK
XOM	0.71	-0.19	0.35	0.32	0.37	-0.01	0.66	0.49	-0.56		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.85	CRM
CRM	+ 0.77	T
XOM	+ 0.71	META
JPM	+ 0.67	F
XOM	+ 0.66	CRM
CRM	+ 0.65	META

High negative correlations

MRK	- 0.92	CRM
MRK	- 0.83	JPM
MRK	- 0.78	T
JPM	- 0.64	A
XOM	- 0.56	MRK
MRK	- 0.54	META

Leverage Shares Competition Risk-Adjusted Indicators

There is a big difference between Leverage Etf performing well and Leverage Shares 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 Leverage Shares' 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
META	1.06	0.06	0.02	0.21	1.39	(1.15)	2.62	(3.15)	8.02
MSFT	0.90	(0.03)	(0.04)	0.07	1.49	(0.86)	2.09	(1.85)	8.19
UBER	1.62	(0.13)	(0.05)	0.00	2.26	(1.79)	2.69	(2.53)	20.10
F	1.43	(0.15)	(0.04)	0.02	2.24	(1.39)	2.53	(2.90)	11.21
T	0.92	0.26	0.12	(9.48)	0.86	(1.06)	2.56	(1.72)	6.47
A	1.14	(0.13)	0.00	(0.12)	0.00	0.00	2.29	(2.42)	9.02
CRM	1.29	0.26	0.22	0.36	0.91	(1.53)	3.18	(1.91)	9.09
JPM	1.12	(0.01)	0.06	0.12	1.42	(1.19)	2.05	(2.00)	15.87
MRK	0.89	(0.23)	0.00	(0.76)	0.00	0.00	2.00	(2.13)	4.89
XOM	1.02	(0.06)	(0.09)	0.00	1.34	(1.07)	2.10	(2.09)	5.74

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Leverage Shares Competitive Analysis

The better you understand Leverage Shares competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Leverage Shares' 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 Leverage Shares' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	3VTE	3APE	3GLD	3COI	PPA3	PLTS	3XFE	NOS3	SJAP
	0.23 4.38 Leverage	4.75 106.72 Leverage	1.43 16.52 Leverage	7.10 31.01 Leverage	1.92 40.28 Leverage	4.88 0.39 Leverage	0.33 6.12 Leverage	23.08 0.10 Leverage	1.80 3.95 Leverage
Market Volatility (90 Days Market Risk)	Slightly risky	Very steady	Not too volatile	Slightly risky	Not too volatile	Out of control	Slightly risky	Out of control	Relatively risky
Market Performance (90 Days Performance)	OK	Weak	Modest	OK	Good	Very Weak	Good	Insignificant	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Unknown	Unknown	Unknown	Unknown	Unknown	Unknown	Unknown	Unknown
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Under 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
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Sell	Strong Sell	Sell	Strong Sell	Strong Sell	Strong Buy	Strong Sell	Strong Sell
Day Typical Price	4.38	105.51	16.46	30.14	40.49	0.39	6.11	0.11	3.94
Accumulation Distribution	0.0068	0.0341	0.0252	0.12	0.0152	N/A	0.0098	0.17	0.0251
Market Facilitation Index	0.03	3.64	0.42	3.84	0.62	N/A	0.06	0.02	0.1
Daily Balance Of Power	(0.33)	1.32967	(0.57)	(0.62)	(1.27)	(9,223,372,036,855)	0.3333	(1.50)	0.7
Period Momentum Indicator	(0.01)	4.84	(0.24)	(2.37)	(0.79)	(0.02)	0.02	(0.03)	0.07
Rate Of Daily Change	1.0	1.05	0.99	0.93	0.98	0.95	1.0	0.77	1.02
Day Median Price	4.39	104.9	16.43	29.71	40.59	0.39	6.11	0.11	3.94
Price Action Indicator	(0.01)	4.24	(0.03)	0.12	(0.70)	(0.01)	0.02	(0.03)	0.045
Relative Strength Index	59.46	58.67	49.83	58.17	62.03	25.02	67.72	43.73	55.75
Coefficient Of Variation	1112.97	3456.44	1165.64	754.4	597.41	(342.96)	557.28	2021.97	840.91
Mean Deviation	1.63	3.06	1.99	12.38	3.84	2.69	2.25	11.14	2.33
Jensen Alpha	0.1052	(0.05)	0.2184	1.86	0.8992	(1.25)	0.5497	0.8793	0.3569
Total Risk Alpha	(0.15)	(0.52)	(0.20)	(0.45)	0.0432	(1.82)	0.0669	(1.54)	(0.13)
Sortino Ratio	0.029	(0)	0.0305	0.1557	0.1384	N/A	0.1891	0.038	0.0734
Downside Variance	4.03	19.47	9.47	196.38	31.09	N/A	6.95	223.99	10.33
Standard Deviation	2.1	3.99	2.62	17.44	5.39	4.03	3.51	14.15	3.08
Kurtosis	0.3789	0.5659	1.28	4.06	2.2	10.98	12.13	(0.27)	0.7468
Potential Upside	3.57	5.22	4.25	32.16	9.82	2.82	5.49	21.74	5.46
Treynor Ratio	0.2933	0.0817	(6.38)	0.6224	(15.04)	(2.19)	1.08	(0.44)	(82.89)
Maximum Drawdown	10.33	19.24	12.73	96.27	31.5	30.21	21.78	61.62	16.55
Variance	4.4	15.89	6.84	304.18	29.04	16.23	12.29	200.25	9.49
Market Risk Adjusted Performance	0.3033	0.0917	(6.37)	0.6324	(15.03)	(2.18)	1.09	(0.43)	(82.88)
Risk Adjusted Performance	0.075	0.0302	0.0727	0.1109	0.1365	(0.21)	0.145	0.0473	0.0984
Skewness	0.1418	(0.19)	(0.82)	1.31	0.4037	(2.37)	2.18	0.2097	(0.13)
Semi Deviation	1.8	4.24	2.92	13.02	4.6	N/A	2.16	12.81	2.82
Information Ratio	0.0277	(0)	0.0359	0.1251	0.1432	(0.32)	0.1422	0.0402	0.0766
Value At Risk	(3.86)	(6.86)	(4.84)	(19.89)	(9.14)	(4.88)	(3.12)	(23.08)	(4.83)
Expected Short fall	(1.96)	(2.96)	(1.97)	(14.05)	(3.95)	N/A	(2.77)	(12.77)	(2.59)
Downside Deviation	2.01	4.41	3.08	14.01	5.58	N/A	2.64	14.97	3.21
Semi Variance	3.24	18.01	8.53	169.49	21.18	N/A	4.68	163.98	7.96

Leverage Shares Competition Performance Charts

Five steps to successful analysis of Leverage Shares Competition

Leverage Shares' 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 Leverage Shares 3x in relation to its competition. Leverage Shares' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Leverage Shares 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 Leverage Shares' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Leverage Shares 3x, 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 Leverage Shares position

In addition to having Leverage Shares 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 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 Shipping Containers Theme or any other thematic opportunities.

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