Bridges Capital Competition
| BDGS Etf | 34.55 0.30 0.88% |
Bridges Capital vs SmartETFs Dividend Correlation
Weak diversification
The correlation between Bridges Capital Tactical and DIVS is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bridges Capital Tactical and DIVS in the same portfolio, assuming nothing else is changed.
Moving together with Bridges Etf
Bridges Capital Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Bridges Capital 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 Bridges 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 Bridges Capital Tactical does not affect the price movement of the other competitor.
High positive correlations
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Bridges Capital Constituents Risk-Adjusted Indicators
There is a big difference between Bridges Etf performing well and Bridges Capital 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 Bridges Capital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DHSB | 0.27 | (0.01) | (0.15) | 0.06 | 0.34 | 0.50 | 1.69 | |||
| PSCQ | 0.26 | (0.02) | (0.18) | 0.03 | 0.34 | 0.62 | 1.91 | |||
| DUSL | 2.35 | 0.27 | 0.14 | 0.17 | 2.67 | 5.51 | 12.81 | |||
| QBIG | 0.90 | (0.16) | 0.00 | (2.87) | 0.00 | 1.35 | 7.34 | |||
| FFLS | 0.35 | (0.06) | 0.00 | (3.04) | 0.00 | 0.70 | 1.87 | |||
| NETL | 0.61 | 0.11 | 0.05 | 1.48 | 0.48 | 1.40 | 3.47 | |||
| THMZ | 0.76 | (0.13) | 0.00 | (0.06) | 0.00 | 1.45 | 4.18 | |||
| MOOD | 0.83 | 0.12 | 0.05 | 0.24 | 1.49 | 1.69 | 8.90 | |||
| JULZ | 0.47 | (0.04) | (0.10) | 0.00 | 0.73 | 0.78 | 3.39 | |||
| DIVS | 0.46 | 0.08 | 0.07 | 0.23 | 0.36 | 1.07 | 2.48 |
Bridges Capital Competitive Analysis
The better you understand Bridges Capital competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Bridges Capital'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 Bridges Capital'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 |
Bridges Capital Competition Performance Charts
Five steps to successful analysis of Bridges Capital Competition
Bridges Capital'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 Bridges Capital Tactical in relation to its competition. Bridges Capital's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Bridges Capital 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 Bridges Capital's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Bridges Capital Tactical, 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 Bridges Capital position
In addition to having Bridges Capital 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 Munis Funds Thematic Idea Now
Munis Funds
Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. The Munis Funds theme has 39 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 Munis Funds Theme or any other thematic opportunities.
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Check out Bridges Capital Correlation with its peers. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Investors evaluate Bridges Capital Tactical using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Bridges Capital's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Bridges Capital's market price to deviate significantly from intrinsic value.
It's important to distinguish between Bridges Capital's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Bridges Capital should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Bridges Capital's market price signifies the transaction level at which participants voluntarily complete trades.