Breakwave Dry Competition

Etfs . USA . 
Etf . Breakwave Dry Bulk
BDRY Etf  USD 7.41  0.04  0.54%   
Breakwave Dry Bulk competes with SonicShares Global, KraneShares Global, IPath Series, Danaos, and VanEck Rare; as well as few others. Analyzing Breakwave Dry 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 Breakwave Dry to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Breakwave Dry Correlation with its peers.
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 Breakwave Dry competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
4.717.4110.11
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Intrinsic
Valuation
LowRealHigh
4.276.979.67
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Naive
Forecast
LowNextHigh
3.516.218.91
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.057.828.58
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Breakwave Dry Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Breakwave Dry 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 Breakwave 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 Breakwave Dry Bulk does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPM
+ 0.85
CRM
CRM
+ 0.77
T
XOM
+ 0.71
META
JPM
+ 0.67
F
XOM
+ 0.66
CRM
CRM
+ 0.65
META
  
High negative correlations   
MRK
- 0.92
CRM
MRK
- 0.83
JPM
MRK
- 0.78
T
JPM
- 0.64
A
XOM
- 0.56
MRK
MRK
- 0.54
META

Breakwave Dry Constituents Risk-Adjusted Indicators

There is a big difference between Breakwave Etf performing well and Breakwave Dry 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 Breakwave Dry'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
META  1.06  0.06  0.02  0.21  1.39 
(1.15)
 2.62 
(3.15)
 8.02 
MSFT  0.90 (0.03)(0.04) 0.07  1.49 
(0.86)
 2.09 
(1.85)
 8.19 
UBER  1.62 (0.13)(0.05) 0.00  2.26 
(1.79)
 2.69 
(2.53)
 20.10 
F  1.43 (0.15)(0.04) 0.02  2.24 
(1.39)
 2.53 
(2.90)
 11.21 
T  0.92  0.26  0.12 (9.48) 0.86 
(1.06)
 2.56 
(1.72)
 6.47 
A  1.14 (0.13) 0.00 (0.12) 0.00 
 0.00 
 2.29 
(2.42)
 9.02 
CRM  1.29  0.26  0.22  0.36  0.91 
(1.53)
 3.18 
(1.91)
 9.09 
JPM  1.12 (0.01) 0.06  0.12  1.42 
(1.19)
 2.05 
(2.00)
 15.87 
MRK  0.89 (0.23) 0.00 (0.76) 0.00 
 0.00 
 2.00 
(2.13)
 4.89 
XOM  1.02 (0.06)(0.09) 0.00  1.34 
(1.07)
 2.10 
(2.09)
 5.74 
All Fundamental Data

Breakwave Dry Competitive Analysis

The better you understand Breakwave Dry competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Breakwave Dry'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 Breakwave Dry'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
BDRY BOAT KRBN GRN DAC REMX
 0.54 
 7.41 
Breakwave
 1.83 
 31.12 
SonicShares
 1.26 
 31.29 
KraneShares
 1.61 
 27.45 
IPath
 2.03 
 79.22 
Danaos
 2.74 
 45.09 
VanEck
Market Volatility
(90 Days Market Risk)
Somewhat reliable
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Very Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Buy
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Sell
Strong Sell
Hold
Strong Hold
Sell
Cautious Hold
Current Ratio
N/A
N/A
N/A
N/A
2.09 X
N/A
Net Asset
36.03 M
18.03 M
708.02 M
122.13 M
3.66 B
697.86 M
Profit Margin
N/A
N/A
N/A
N/A
0.56 %
N/A
EBITDA
N/A
N/A
N/A
N/A
731.78 M
N/A
Operating Margin
N/A
N/A
N/A
N/A
0.52 %
N/A
Current Valuation
N/A
N/A
N/A
N/A
1.76 B
N/A
Price To Book
N/A
N/A
N/A
N/A
0.46 X
1.42 X
Five Year Return
(15.80) %
N/A
N/A
22.80 %
N/A
5.60 %
Retained Earnings
N/A
N/A
N/A
N/A
2.4 B
N/A
Current Asset
N/A
N/A
N/A
N/A
127.57 M
N/A
One Year Return
9.20 %
15.30 %
(11.20) %
(7.40) %
N/A
(22.30) %
Beta
1.65
1.02
0.11
0.04
1.48
1.29
Equity Positions Weight
94.25 %
97.08 %
N/A
N/A
N/A
99.96 %
Number Of Employees
618
N/A
N/A
28
4
164
Shares Outstanding
N/A
N/A
N/A
N/A
19.33 M
N/A
Three Year Return
(33.70) %
18.20 %
(3.10) %
N/A
N/A
(26.10) %
Cash Flow From Operations
N/A
N/A
N/A
N/A
574.4 M
N/A
Annual Yield
N/A
N/A
N/A
N/A
0.04 %
N/A
Total Debt
N/A
N/A
N/A
N/A
404.17 M
N/A
Return On Equity
N/A
N/A
N/A
N/A
0.18
N/A
Return On Asset
N/A
N/A
N/A
N/A
0.0859
N/A
Number Of Shares Shorted
N/A
N/A
N/A
N/A
431.5 K
N/A
Book Value Per Share
N/A
N/A
N/A
N/A
175.06 X
N/A
Current Liabilities
N/A
N/A
N/A
N/A
312.14 M
N/A
Total Asset
36.03 M
18.03 M
708.02 M
122.13 M
3.66 B
697.86 M
Debt To Equity
N/A
N/A
N/A
N/A
0.41 %
N/A
Short Ratio
N/A
N/A
N/A
N/A
4.19 X
N/A
Target Price
N/A
N/A
N/A
N/A
101.0
N/A
Last Dividend Paid
N/A
N/A
N/A
N/A
0.8
0.22
Shares Owned By Institutions
N/A
N/A
N/A
N/A
19.55 %
N/A
Market Capitalization
N/A
N/A
N/A
N/A
1.53 B
N/A
Price To Earning
N/A
N/A
N/A
3.36 X
8.42 X
11.04 X
Price To Earnings To Growth
N/A
N/A
N/A
N/A
0.52 X
N/A
Price To Sales
N/A
N/A
N/A
N/A
1.52 X
0.96 X
Net Income
N/A
N/A
N/A
N/A
576.3 M
N/A
Earnings Per Share
N/A
N/A
N/A
N/A
28.89 X
N/A
Shares Owned By Insiders
N/A
N/A
N/A
N/A
49.75 %
N/A
Revenue
N/A
N/A
N/A
N/A
952.38 M
N/A
Working Capital
N/A
N/A
N/A
N/A
333.61 M
N/A
Ten Year Return
N/A
N/A
N/A
N/A
N/A
(2.40) %
Cash And Equivalents
N/A
N/A
N/A
N/A
267.67 M
N/A
Cash Per Share
N/A
N/A
N/A
N/A
28.64 X
N/A
Gross Profit
N/A
N/A
N/A
N/A
787.06 M
N/A
Day Typical Price
7.36
31.28
31.37
27.48
79.92
45.36
Accumulation Distribution
0.0216
0.0149
0.0089
0.0101
0.0367
0.0187
Market Facilitation Index
0.16
0.47
0.28
0.28
3.0
0.86
Daily Balance Of Power
(0.25)
(1.23)
(1.43)
(1.61)
(0.55)
(1.48)
Period Momentum Indicator
(0.04)
(0.58)
(0.40)
(0.45)
(1.64)
(1.27)
Rate Of Daily Change
0.99
0.98
0.99
0.98
0.98
0.97
Day Median Price
7.33
31.36
31.41
27.49
80.27
45.49
Price Action Indicator
0.06
(0.52)
(0.32)
(0.27)
(1.87)
(1.03)
Relative Strength Index
37.57
43.03
46.74
54.71
44.72
49.91
Coefficient Of Variation
(450.50)
(1,871)
(1,321)
(10,105)
(4,551)
1372.92
Mean Deviation
2.17
1.2
0.9019
1.46
1.16
2.0
Jensen Alpha
(0.68)
(0.11)
(0.15)
(0.10)
(0.06)
0.0911
Total Risk Alpha
(1.03)
(0.34)
(0.28)
(0.32)
(0.30)
(0.24)
Sortino Ratio
N/A
N/A
N/A
N/A
N/A
0.0261
Downside Variance
N/A
N/A
N/A
N/A
N/A
6.38
Standard Deviation
2.7
1.55
1.15
1.84
1.6
2.69
Kurtosis
(0.67)
(0.02)
(0.30)
(0.13)
1.33
1.01
Potential Upside
3.8
2.35
2.16
3.56
2.46
6.5
Treynor Ratio
(1.00)
(0.61)
(0.24)
(0.05)
(0.32)
0.2357
Maximum Drawdown
10.52
7.16
4.51
7.7
8.98
13.68
Variance
7.28
2.41
1.33
3.4
2.56
7.26
Market Risk Adjusted Performance
(0.99)
(0.60)
(0.23)
(0.04)
(0.31)
0.2457
Risk Adjusted Performance
(0.16)
(0.04)
(0.05)
(0)
(0.01)
0.0628
Skewness
(0.11)
(0.26)
0.4239
0.5429
(0.35)
0.5985
Semi Deviation
N/A
N/A
N/A
N/A
N/A
2.32
Information Ratio
(0.27)
(0.14)
(0.19)
(0.08)
(0.10)
0.0244
Value At Risk
(5.12)
(3.12)
(1.72)
(2.90)
(3.14)
(3.87)
Expected Short fall
N/A
N/A
N/A
N/A
N/A
(2.03)
Downside Deviation
N/A
N/A
N/A
N/A
N/A
2.53
Semi Variance
N/A
N/A
N/A
N/A
N/A
5.39

Breakwave Dry Competition Performance Charts

Five steps to successful analysis of Breakwave Dry Competition

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

In addition to having Breakwave Dry 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 Cleaning Thematic Idea Now

Cleaning
Cleaning Theme
Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 42 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 Cleaning Theme or any other thematic opportunities.
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When determining whether Breakwave Dry Bulk offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Breakwave Dry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Breakwave Dry Bulk Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Breakwave Dry Bulk Etf:
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Check out Breakwave Dry Correlation with its peers.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Breakwave Dry Bulk is measured differently than its book value, which is the value of Breakwave that is recorded on the company's balance sheet. Investors also form their own opinion of Breakwave Dry's value that differs from its market value or its book value, called intrinsic value, which is Breakwave Dry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Breakwave Dry's market value can be influenced by many factors that don't directly affect Breakwave Dry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Breakwave Dry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Breakwave Dry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Breakwave Dry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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
 
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