IncomeShares Amazon Competition

AMZI Etf

10.59 0.08 0.75%

Analyzing IncomeShares Amazon 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 IncomeShares Amazon 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 IncomeShares Amazon competition on your existing holdings.

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IncomeShares Amazon Competition Correlation Matrix

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

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.26	0.55	0.07	0.53	0.05	0.64	0.28	-0.53	0.73	META
MSFT	0.26		0.21	0.17	0.16	-0.01	0.03	-0.11	0.13	-0.2	MSFT
UBER	0.55	0.21		-0.06	-0.09	0.27	-0.03	-0.16	0.09	0.35	UBER
F	0.07	0.17	-0.06		0.28	-0.41	0.5	0.7	-0.37	0.32	F
T	0.53	0.16	-0.09	0.28		-0.5	0.81	0.64	-0.79	0.39	T
A	0.05	-0.01	0.27	-0.41	-0.5		-0.46	-0.6	0.63	0.0	A
CRM	0.64	0.03	-0.03	0.5	0.81	-0.46		0.86	-0.91	0.65	CRM
JPM	0.28	-0.11	-0.16	0.7	0.64	-0.6	0.86		-0.83	0.47	JPM
MRK	-0.53	0.13	0.09	-0.37	-0.79	0.63	-0.91	-0.83		-0.56	MRK
XOM	0.73	-0.2	0.35	0.32	0.39	0.0	0.65	0.47	-0.56		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.86	CRM
CRM	+ 0.81	T
XOM	+ 0.73	META
JPM	+ 0.7	F
XOM	+ 0.65	CRM
CRM	+ 0.64	META

High negative correlations

MRK	- 0.91	CRM
MRK	- 0.83	JPM
MRK	- 0.79	T
JPM	- 0.6	A
XOM	- 0.56	MRK
MRK	- 0.53	META

IncomeShares Amazon Competition Risk-Adjusted Indicators

There is a big difference between IncomeShares Etf performing well and IncomeShares Amazon 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 IncomeShares Amazon'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	1.07	0.07	0.02	0.23	1.41	(1.14)	2.62	(3.15)	8.02
MSFT	0.90	(0.04)	(0.05)	0.07	1.50	(0.86)	2.09	(1.85)	8.19
UBER	1.61	(0.11)	(0.04)	0.02	2.32	(1.70)	2.69	(2.53)	20.10
F	1.42	(0.15)	(0.04)	0.03	2.23	(1.39)	2.53	(2.90)	11.21
T	0.92	0.26	0.12	(7.83)	0.86	(1.06)	2.56	(1.72)	6.47
A	1.17	(0.09)	0.00	(0.06)	0.00	0.00	2.71	(2.42)	9.02
CRM	1.31	0.23	0.18	0.34	1.08	(1.53)	3.18	(1.91)	9.98
JPM	1.12	(0.04)	0.05	0.11	1.38	(1.23)	2.05	(2.00)	15.87
MRK	0.91	(0.24)	0.00	(0.86)	0.00	0.00	2.00	(2.13)	4.89
XOM	1.00	(0.03)	(0.07)	0.06	1.31	(1.04)	2.10	(2.09)	5.74

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IncomeShares Amazon Competitive Analysis

The better you understand IncomeShares Amazon competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, IncomeShares Amazon'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 IncomeShares Amazon'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

	AMZI	TSLI	AAPY	METI	NVDI	GOOO	AMZD	MSFY	COIY
	0.75 10.59 IncomeShares	1.20 9.07 IncomeShares	0.67 10.33 IncomeShares	1.66 790.13 IncomeShares	4.36 9.33 IncomeShares	0.41 824.50 IncomeShares	0.45 835.63 IncomeShares	0.30 9.89 IncomeShares	3.60 11.24 IncomeShares
Market Volatility (90 Days Market Risk)	Not too volatile	Somewhat reliable	Very steady	Very steady	Somewhat reliable	Very steady	Very steady	Not too volatile	Somewhat reliable
Market Performance (90 Days Performance)	Good	OK	OK	OK	Insignificant	Good	Solid	Very Weak	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Unknown	Unknown	Unknown	Unknown	Unknown	Unknown	Unknown	Unknown
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Fairly Valued	Fairly 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)	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Day Typical Price	10.63	9.09	10.34	791.5	9.42	825.08	836.04	9.9	11.36
Accumulation Distribution	0.0121	0.0077	0.0039	0.0052	0.0281	0.0021	0.0236	0.003	0.0319
Market Facilitation Index	0.13	0.07	0.04	4.12	0.27	1.75	20.0	0.03	0.37
Daily Balance Of Power	(0.62)	(1.57)	(1.75)	(3.25)	1.444444	1.925714	(0.19)	1.0	(1.14)
Period Momentum Indicator	(0.08)	(0.11)	(0.07)	(13.37)	0.39	3.37	(3.75)	0.03	(0.42)
Rate Of Daily Change	0.99	0.99	0.99	0.98	1.04	1.0	1.0	1.0	0.96
Day Median Price	10.66	9.11	10.34	792.19	9.47	825.38	836.25	9.91	11.43
Price Action Indicator	(0.11)	(0.09)	(0.04)	(8.75)	0.06	0.81	(2.50)	N/A	(0.39)
Relative Strength Index	61.25	67.01	71.21	59.31	64.78	46.23	62.77	56.66	65.78
Coefficient Of Variation	702.35	1245.26	947.5	1012.05	4766.26	689.99	457.75	20828.51	838.93
Mean Deviation	1.19	1.75	0.7682	0.9767	1.97	1.05	1.02	0.8974	2.77
Jensen Alpha	0.2642	0.1077	0.082	0.0947	0.0884	0.2449	0.195	0.013	0.4482
Total Risk Alpha	(0.05)	(0.24)	(0.07)	(0.1)	(0.38)	(0.04)	0.0589	(0.22)	(0.19)
Sortino Ratio	0.0725	0.0296	(0.03)	(0.01)	(0.03)	0.0479	0.1282	(0.09)	0.0862
Downside Variance	1.95	6.09	1.41	1.71	10.97	3.67	1.45	2.02	13.79
Standard Deviation	1.68	2.62	0.9832	1.28	2.54	1.58	1.34	1.31	3.84
Kurtosis	5.01	2.8	0.253	0.2557	0.2197	4.02	0.9493	6.49	1.63
Potential Upside	2.73	5.41	1.41	1.97	3.58	1.58	2.99	1.96	6.64
Treynor Ratio	(0.83)	0.2754	1.02	0.6934	(0.12)	(1.10)	0.4135	0.0282	(109.19)
Maximum Drawdown	10.61	13.97	4.0	5.33	10.58	10.03	6.92	8.19	16.1
Variance	2.81	6.89	0.9667	1.63	6.44	2.5	1.79	1.73	14.74
Market Risk Adjusted Performance	(0.82)	0.2854	1.03	0.7034	(0.11)	(1.09)	0.4235	0.0382	(109.18)
Risk Adjusted Performance	0.1143	0.0685	0.0829	0.0795	0.023	0.116	0.1713	0.0079	0.0991
Skewness	1.2	0.5367	(0.77)	(0.15)	(0.50)	(0.42)	0.3569	(1.52)	0.2814
Semi Deviation	1.14	2.3	1.04	1.11	3.1	1.62	0.8774	1.36	3.29
Information Ratio	0.0604	0.0279	(0.03)	(0.01)	(0.03)	0.058	0.1155	(0.1)	0.0834
Value At Risk	(1.81)	(3.42)	(1.68)	(2.04)	(5.22)	(2.40)	(1.65)	(1.73)	(4.42)
Expected Short fall	(1.44)	(1.86)	(0.77)	(1.09)	(1.68)	(1.03)	(1.17)	(1.07)	(3.03)
Downside Deviation	1.4	2.47	1.19	1.31	3.31	1.92	1.2	1.42	3.71
Semi Variance	1.29	5.28	1.08	1.23	9.6	2.61	0.7699	1.85	10.81

IncomeShares Amazon Competition Performance Charts

Five steps to successful analysis of IncomeShares Amazon Competition

IncomeShares Amazon'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 IncomeShares Amazon in relation to its competition. IncomeShares Amazon's competition analysis typically involves several steps, including:

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

In addition to having IncomeShares Amazon 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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