The Arbitrage Competition

Mutual Funds . USA . 
Fund . The Arbitrage Fund
ARBFX Fund  USD 13.53  0.03  0.22%   
The Arbitrage competes with Amg Gwk, Tcw Select, Wells Fargo, Mairs Power, and Materials Portfolio; as well as few others. The fund is listed under Event Driven category and is part of Arbitrage Fund family. Analyzing The Arbitrage 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 The Arbitrage to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out The Arbitrage Correlation with its peers.

The Arbitrage vs Gabelli MultiMedia Correlation

Very poor diversification

The correlation between The Arbitrage Fund and GGT is 0.86 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Arbitrage Fund and GGT in the same portfolio, assuming nothing else is changed.

Moving together with The Mutual Fund

  1.0ARBNX The ArbitragePairCorr
  1.0ARBCX The ArbitragePairCorr
  0.79ARCFX Arbitrage CreditPairCorr
  0.98ARGAX The ArbitragePairCorr
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
13.0613.5314.00
Details
Intrinsic
Valuation
LowRealHigh
11.9012.3714.88
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as The Arbitrage. Your research has to be compared to or analyzed against The Arbitrage's peers to derive any actionable benefits. When done correctly, The Arbitrage's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in The Arbitrage.

The Arbitrage Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between The Arbitrage and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of The 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 The Arbitrage does not affect the price movement of the other competitor.

High positive correlations

MAPOX
+ 0.98
GWGVX
FMFAX
+ 0.98
FMFCX
FMFCX
+ 0.97
GWGVX
FMFCX
+ 0.97
MAPOX
FMFAX
+ 0.96
MAPOX
FMFAX
+ 0.95
GWGVX
  

High negative correlations

FMFAX
- 0.56
TGCNX
FMFCX
- 0.55
TGCNX
TGCNX
- 0.47
GWGVX
MAPOX
- 0.46
TGCNX
EKWDX
- 0.45
TGCNX
EKWAX
- 0.43
TGCNX

Risk-Adjusted Indicators

There is a big difference between The Mutual Fund performing well and The Arbitrage Mutual Fund 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 The Arbitrage'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
GWGVX  0.74  0.13  0.13  0.24  0.62 
(0.88)
 1.96 
(1.44)
 4.17 
TGCNX  0.82 (0.18) 0.00 (0.15) 0.00 
 0.00 
 1.49 
(2.05)
 4.99 
EKWAX  2.00  0.66  0.16 (2.49) 2.58 
(2.19)
 5.11 
(4.79)
 18.29 
MAPOX  0.37  0.04 (0.01) 0.17  0.22 
(0.42)
 0.96 
(0.59)
 2.16 
FMFCX  0.95  0.27  0.21  0.35  0.85 
(1.05)
 2.10 
(1.73)
 5.58 
FMFAX  0.94  0.34  0.19 (5.17) 0.87 
(1.04)
 2.11 
(1.72)
 5.58 
EKWDX  1.03  0.42  0.26 (8.62) 0.48 
(1.71)
 2.77 
(1.31)
 7.30 
MIDNX  0.73  0.05 (0.03) 0.60  0.84 
(0.85)
 1.38 
(1.54)
 10.51 
MMDEX  0.77 (0.05)(0.06) 0.03  1.07 
(0.76)
 2.17 
(1.96)
 6.62 
GGT  0.88  0.13  0.07  0.38  0.84 
(1.11)
 2.33 
(1.94)
 5.19 

The Arbitrage Competitive Analysis

The better you understand The Arbitrage competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, The Arbitrage'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 The Arbitrage'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
ARBFX GWGVX TGCNX EKWAX MAPOX FMFCX FMFAX EKWDX MIDNX MMDEX
 0.22 
 13.53 
The
 0.19 
 21.02 
Amg
 0.48 
 20.75 
Tcw
 0.61 
 173.63 
Wells
 0.14 
 116.92 
Mairs
 1.84 
 102.14 
Materials
 1.19 
 105.53 
Materials
 0.00 
 117.42 
Wells
 0.54 
 24.02 
Matthews
 0.35 
 53.80 
Praxis
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Good
Solid
Weakest
Good
Solid
Solid
Solid
Weakest
Soft
Soft
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Hazard
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Fairly Valued
Over Valued
Fairly Valued
Under Valued
Over Valued
Over Valued
Fairly Valued
Fairly 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
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Buy
Hold
Strong Sell
Strong Hold
Strong Buy
Strong Sell
Not Rated
Sell
Strong Hold
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Asset
785.12 M
741.5 M
701.47 M
1.52 B
945.23 M
1.41 B
1.41 B
304.15 M
645.75 M
737.83 M
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
EBITDA
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Book
2.82
N/A
3.64
1.34
2.97
2.92
3.14
1.58
4.46
4.85
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Current Valuation
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Five Year Return
3.06
7.13
8.67
29.63
5.95
7.43
8.39
9.61
6.43
12.55
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
One Year Return
6.91
9.01
0.82
100.0
7.21
16.5
20.98
54.25
5.64
11.43
Beta
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Position Weight
15.94
3.73
1.2
1.62
1.83
1.42
1.42
1.62
1.32
0.02
Equity Positions Weight
83.31
96.27
98.8
92.97
65.84
98.58
98.58
92.97
98.68
99.18
Shares Outstanding
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Three Year Return
5.68
9.4
21.41
59.97
9.64
6.31
7.71
33.63
10.53
22.94
Annual Yield
0.0019
N/A
N/A
0.011
0.0203
0.0031
0.0095
0.0048
0.0015
0.0029
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
32.28
N/A
N/A
N/A
N/A
0.8
Return On Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Book Value Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Minimum Initial Investment
N/A
N/A
2 K
N/A
2.5 K
N/A
N/A
N/A
100 K
100 K
Total Asset
23.24 M
48.19 M
125.21 M
725.79 M
N/A
892.62 M
1.19 B
26.42 M
131.42 M
612.29 M
Last Dividend Paid
N/A
0.01
N/A
0.78
0.41
N/A
0.02
0.28
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Market Capitalization
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Earning
23.72
N/A
36.32
29.76
18.02
18.38
17.95
33.22
24.34
21.36
Price To Sales
1.57
N/A
3.34
2.99
1.99
1.37
1.45
3.5
4.69
2.77
Net Income
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Earnings Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Year To Date Return
0.59
9.3
0.46
22.0
3.23
12.73
14.48
55.45
0.81
0.65
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Ten Year Return
2.31
N/A
15.43
-1.89
8.8
4.82
5.61
-1.75
4.1
15.36
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Day Typical Price
13.53
21.02
20.75
173.63
116.92
102.14
105.53
117.42
24.02
53.8
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
9.2 T
9.2 T
0
9.2 T
0
9.2 T
9.2 T
0.0
0
0
Period Momentum Indicator
0.03
0.04
(0.10)
1.06
(0.16)
1.85
1.24
N/A
(0.13)
(0.19)
Rate Of Daily Change
1.0
1.0
1.0
1.01
1.0
1.02
1.01
1.0
0.99
1.0
Day Median Price
13.53
21.02
20.75
173.63
116.92
102.14
105.53
117.42
24.02
53.8
Price Action Indicator
0.015
0.02
(0.05)
0.53
(0.08)
0.92
0.62
N/A
(0.07)
(0.1)
Coefficient Of Variation
540.94
443.24
(1,076)
453.08
482.25
320.43
349.93
316.35
1797.62
3515.42
Mean Deviation
0.1646
0.7444
0.8173
2.0
0.37
0.9472
0.9417
1.03
0.7307
0.7738
Jensen Alpha
0.0669
0.1334
(0.18)
0.6605
0.0394
0.2663
0.3363
0.4225
0.0521
(0.05)
Total Risk Alpha
0.0204
0.0988
(0.24)
0.2914
0.0321
0.2232
0.19
0.2585
(0.09)
(0.11)
Sortino Ratio
(0.12)
0.1334
N/A
0.1634
(0.01)
0.2077
0.1904
0.2618
(0.03)
(0.06)
Downside Variance
0.0285
0.8678
N/A
11.05
0.1781
1.71
1.55
1.54
0.8521
1.3
Standard Deviation
0.4537
1.01
1.08
2.93
0.4699
1.2
1.19
1.35
1.29
1.11
Kurtosis
54.31
0.4124
0.2245
3.87
(0.12)
0.3912
0.3901
0.7966
22.28
2.22
Potential Upside
0.3094
1.96
1.49
5.11
0.9594
2.1
2.11
2.77
1.38
2.17
Treynor Ratio
0.9944
0.2413
(0.15)
(2.49)
0.1701
0.3459
(5.17)
(8.62)
0.5984
0.0288
Maximum Drawdown
3.77
4.17
4.99
18.29
2.16
5.58
5.58
7.3
10.51
6.62
Variance
0.2059
1.02
1.17
8.58
0.2208
1.44
1.42
1.83
1.66
1.24
Market Risk Adjusted Performance
1.0
0.2513
(0.14)
(2.48)
0.1801
0.3559
(5.16)
(8.61)
0.6084
0.0388
Risk Adjusted Performance
0.1391
0.181
(0.07)
0.1822
0.1575
0.2507
0.2298
0.2547
0.0479
0.0254
Skewness
7.04
0.3201
(0.33)
(1.04)
0.1338
(0.59)
(0.53)
0.4107
3.52
0.4519
Semi Deviation
0.0
0.6193
N/A
2.58
0.2152
0.8507
0.8681
0.4751
0.8385
1.07
Information Ratio
(0.04)
0.1232
(0.19)
0.1854
(0.01)
0.226
0.199
0.2397
(0.02)
(0.06)
Value At Risk
(0.16)
(1.44)
(2.05)
(4.79)
(0.59)
(1.73)
(1.72)
(1.31)
(1.54)
(1.96)
Expected Short fall
(0.28)
(0.88)
N/A
(2.19)
(0.42)
(1.05)
(1.04)
(1.71)
(0.85)
(0.76)
Downside Deviation
0.1688
0.9316
N/A
3.32
0.422
1.31
1.24
1.24
0.9231
1.14
Semi Variance
(0.08)
0.3835
N/A
6.66
0.0463
0.7237
0.7535
0.2257
0.7031
1.14

The Arbitrage Competition Performance Charts

Five steps to successful analysis of The Arbitrage Competition

The Arbitrage'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 The Arbitrage in relation to its competition. The Arbitrage's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of The Arbitrage 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 The Arbitrage's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to The Arbitrage, 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 The Arbitrage position

In addition to having The Arbitrage 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 Moderate Funds Thematic Idea Now

Moderate Funds
Moderate Funds Theme
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 41 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 Moderate Funds Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in The Mutual Fund

The Arbitrage financial ratios help investors to determine whether The Mutual Fund 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 The with respect to the benefits of owning The Arbitrage security.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY