ANGLE Competitors
| ANPCF Stock | USD 0.02 0.00 0.00% |
ANGLE Plc vs Odyssey Group Correlation
Poor diversification
The correlation between ANGLE plc and ODYY is 0.7 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ANGLE plc and ODYY in the same portfolio, assuming nothing else is changed.
Moving against ANGLE OTC Stock
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ANGLE Plc's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ANGLE Plc Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ANGLE Plc and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of ANGLE 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 ANGLE plc does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between ANGLE OTC Stock performing well and ANGLE Plc OTC Stock 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 ANGLE Plc'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OPGN | 37.01 | 21.21 | 1.28 | (6.58) | 10.01 | 50.76 | 1,044 | |||
| PMSNF | 9.71 | 3.26 | 0.00 | 0.49 | 0.00 | 0.00 | 300.00 | |||
| IMTH | 12.45 | (0.88) | 0.00 | 0.73 | 0.00 | 28.62 | 246.96 | |||
| LIANY | 5.15 | 1.02 | 0.06 | (0.35) | 5.89 | 12.12 | 60.61 | |||
| CNFHF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| UNVC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NSVGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NGMDF | 0.90 | (0.45) | 0.00 | 1.10 | 0.00 | 0.00 | 13.41 | |||
| CMHSF | 0.32 | (0.21) | 0.00 | (0.27) | 0.00 | 0.00 | 10.26 | |||
| ODYY | 6.73 | 0.19 | 0.04 | 0.11 | 7.30 | 14.29 | 100.78 |
ANGLE Plc Competitive Analysis
The better you understand ANGLE Plc competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ANGLE Plc'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 ANGLE Plc'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 |
ANGLE Plc Competition Performance Charts
Five steps to successful analysis of ANGLE Plc Competition
ANGLE Plc'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 ANGLE plc in relation to its competition. ANGLE Plc's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of ANGLE Plc 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 ANGLE Plc's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ANGLE plc, 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.
Complement your ANGLE Plc position
In addition to having ANGLE Plc 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.Did You Try This Idea?
Run Video Games Thematic Idea Now
Video Games
Companies that are involved in the building and marketing of video games or gaming software. The Video Games theme has 22 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 Video Games Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in ANGLE OTC Stock
ANGLE Plc financial ratios help investors to determine whether ANGLE OTC Stock 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 ANGLE with respect to the benefits of owning ANGLE Plc security.