Litman Gregory Competition
| BDVG Etf | 13.78 0.05 0.36% |
Litman Gregory vs Pacer Nasdaq Correlation
Significant diversification
The correlation between Litman Gregory Funds and QQQG is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Litman Gregory Funds and QQQG in the same portfolio, assuming nothing else is changed.
Moving together with Litman Etf
| 0.96 | VTV | Vanguard Value Index | PairCorr |
| 0.97 | VYM | Vanguard High Dividend | PairCorr |
| 0.93 | IWD | iShares Russell 1000 | PairCorr |
| 0.97 | DGRO | iShares Core Dividend | PairCorr |
| 0.94 | IVE | iShares SP 500 | PairCorr |
Moving against Litman Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Litman Gregory'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.
Litman Gregory Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Litman Gregory 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 Litman 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 Litman Gregory Funds does not affect the price movement of the other competitor.
High positive correlations
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Litman Gregory Constituents Risk-Adjusted Indicators
There is a big difference between Litman Etf performing well and Litman Gregory 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 Litman Gregory'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EUDV | 0.63 | 0.02 | (0.01) | 0.11 | 0.80 | 1.25 | 3.38 | |||
| JHDV | 0.54 | 0.02 | 0.01 | 0.11 | 0.69 | 1.04 | 2.97 | |||
| CLIX | 0.92 | (0.20) | 0.00 | (0.29) | 0.00 | 1.89 | 5.92 | |||
| RHTX | 0.76 | 0.05 | 0.03 | 0.14 | 1.28 | 1.43 | 6.79 | |||
| EAOK | 0.21 | 0.01 | (0.16) | 0.11 | 0.17 | 0.48 | 1.35 | |||
| FLYU | 3.34 | (0.16) | 0.02 | 0.04 | 4.12 | 6.77 | 17.41 | |||
| FLJJ | 0.18 | 0.01 | (0.18) | 0.11 | 0.17 | 0.41 | 1.48 | |||
| NBCE | 0.81 | 0.17 | 0.07 | (1.22) | 0.81 | 1.59 | 4.16 | |||
| PSWD | 1.04 | (0.21) | 0.00 | (0.16) | 0.00 | 1.89 | 6.26 | |||
| QQQG | 1.00 | (0.13) | 0.00 | (0.05) | 0.00 | 1.74 | 6.08 |
Litman Gregory Competitive Analysis
The better you understand Litman Gregory competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Litman Gregory'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 Litman Gregory'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 |
Litman Gregory Competition Performance Charts
Five steps to successful analysis of Litman Gregory Competition
Litman Gregory'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 Litman Gregory Funds in relation to its competition. Litman Gregory's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Litman Gregory 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 Litman Gregory's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Litman Gregory Funds, 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 Litman Gregory position
In addition to having Litman Gregory 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 Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 38 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 Processed Foods Theme or any other thematic opportunities.
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Check out Litman Gregory Correlation with its peers. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Understanding Litman Gregory Funds requires distinguishing between market price and book value, where the latter reflects Litman's accounting equity. The concept of intrinsic value - what Litman Gregory's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Litman Gregory's price substantially above or below its fundamental value.
It's important to distinguish between Litman Gregory's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Litman Gregory should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Litman Gregory's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.