Aptus April Competition
| APRB Etf | 25.80 0.12 0.46% |
Aptus April vs FT Cboe Correlation
No risk reduction
The correlation between Aptus April Buffer and DJUL is 0.99 (i.e., No risk reduction) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aptus April Buffer and DJUL in the same portfolio, assuming nothing else is changed.
Moving together with Aptus Etf
Aptus April Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Aptus April 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 Aptus 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 Aptus April Buffer does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Aptus April Competition Risk-Adjusted Indicators
There is a big difference between Aptus Etf performing well and Aptus April 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 Aptus April'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 | 1.55 | (0.03) | (0.02) | 0.02 | 1.62 | 3.43 | 13.36 | |||
| MSFT | 1.23 | (0.36) | 0.00 | (1.95) | 0.00 | 1.78 | 13.28 | |||
| UBER | 1.57 | (0.43) | 0.00 | (0.52) | 0.00 | 2.46 | 10.23 | |||
| F | 1.22 | 0.04 | 0.04 | 0.10 | 1.20 | 3.38 | 7.16 | |||
| T | 0.95 | 0.11 | 0.06 | 0.72 | 0.94 | 2.02 | 4.31 | |||
| A | 1.22 | (0.18) | 0.00 | (0.08) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.64 | (0.42) | 0.00 | (0.32) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.12 | (0.03) | 0.00 | 0.03 | 1.63 | 2.18 | 7.38 | |||
| MRK | 1.32 | 0.46 | 0.31 | 0.65 | 1.07 | 3.59 | 8.09 | |||
| XOM | 1.15 | 0.00 | 0.27 | 0.00 | 0.92 | 2.69 | 5.85 |
Aptus April Competitive Analysis
The better you understand Aptus April competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Aptus April'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 Aptus April'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 |
Aptus April Competition Performance Charts
Five steps to successful analysis of Aptus April Competition
Aptus April'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 Aptus April Buffer in relation to its competition. Aptus April's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Aptus April 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 Aptus April's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Aptus April Buffer, 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 Aptus April position
In addition to having Aptus April 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?
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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 Investment Grade ETFs Theme or any other thematic opportunities.
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Check out Aptus April Correlation with its peers. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Understanding Aptus April Buffer requires distinguishing between market price and book value, where the latter reflects Aptus's accounting equity. The concept of intrinsic value - what Aptus April's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Aptus April's price substantially above or below its fundamental value.
Understanding that Aptus April's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Aptus April represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Aptus April's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.