Global X Competition
| 4COP Etf | 58.66 1.52 2.66% |
Global X Correlation With Market
Very weak diversification
The correlation between Global X Copper and DJI is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Global X Copper and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Global Etf
Moving against Global Etf
Global X Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Global X 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 Global 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 Global X Copper does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Global X Competition Risk-Adjusted Indicators
There is a big difference between Global Etf performing well and Global X 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 Global X'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.44 | (0.19) | 0.00 | (0.11) | 0.00 | 3.16 | 13.02 | |||
| MSFT | 1.05 | (0.17) | 0.00 | (0.45) | 0.00 | 1.78 | 4.90 | |||
| UBER | 1.45 | (0.23) | 0.00 | (0.24) | 0.00 | 2.60 | 10.23 | |||
| F | 1.42 | 0.03 | 0.04 | 0.09 | 1.38 | 3.38 | 16.30 | |||
| T | 0.87 | (0.14) | 0.00 | (17.25) | 0.00 | 1.53 | 4.30 | |||
| A | 1.21 | (0.11) | 0.00 | (0.19) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.47 | (0.27) | 0.00 | (0.18) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.12 | (0.08) | (0.02) | 0.02 | 1.70 | 2.00 | 7.38 | |||
| MRK | 1.24 | 0.27 | 0.19 | 0.45 | 1.11 | 3.59 | 8.09 | |||
| XOM | 1.07 | 0.28 | 0.18 | 4.39 | 0.95 | 2.38 | 5.82 |
Global X Competitive Analysis
The better you understand Global X competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Global X'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 Global X'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 |
| 4COP | |
| 2.66 58.66 | Market Volatility (90 Days Market Risk) |
| Market Performance (90 Days Performance) | |
| Odds of Financial Distress (Probability Of Bankruptcy) | |
| Current Valuation (Equity Enterprise Value) | |
| Buy or Sell Advice (Average Analysts Consensus) | |
Trade Advice (90 Days Macroaxis Advice) | |
| Day Typical Price | |
| Accumulation Distribution | |
| Market Facilitation Index | |
| Daily Balance Of Power | |
| Period Momentum Indicator | |
| Rate Of Daily Change | |
| Day Median Price | |
| Price Action Indicator | |
| Relative Strength Index | |
| Coefficient Of Variation | |
| Mean Deviation | |
| Jensen Alpha | |
| Total Risk Alpha | |
| Sortino Ratio | |
| Downside Variance | |
| Standard Deviation | |
| Kurtosis | |
| Potential Upside | |
| Treynor Ratio | |
| Maximum Drawdown | |
| Variance | |
| Market Risk Adjusted Performance | |
| Risk Adjusted Performance | |
| Skewness | |
| Semi Deviation | |
| Information Ratio | |
| Value At Risk | |
| Expected Short fall | |
| Downside Deviation | |
| Semi Variance |
Global X Competition Performance Charts
Five steps to successful analysis of Global X Competition
Global X'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 Global X Copper in relation to its competition. Global X's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Global X 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 Global X's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Global X Copper, 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.
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