BEL Small Competition
| BELS Index | 8,105 41.57 0.52% |
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 BEL Small competition on your existing holdings.
BEL Small Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between BEL Small and its competitors represents the degree of relationship between the price movements of corresponding indexs. A correlation of about +1.0 implies that the price of BEL 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 BEL Small does not affect the price movement of the other competitor.
| 0.39 | 0.34 | 0.03 | 0.16 | -0.1 | VASTB | ||
| 0.39 | 0.94 | 0.52 | 0.5 | 0.06 | RET | ||
| 0.34 | 0.94 | 0.52 | 0.55 | -0.19 | HOMI | ||
| 0.03 | 0.52 | 0.52 | 0.52 | 0.1 | DIEG | ||
| 0.16 | 0.5 | 0.55 | 0.52 | -0.27 | EVS | ||
| -0.1 | 0.06 | -0.19 | 0.1 | -0.27 | ONWD | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between BEL Index performing well and BEL Small Index 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 BEL Small'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VASTB | 1.00 | 0.06 | (0.03) | 47.66 | 1.25 | 1.98 | 6.64 | |||
| RET | 0.82 | (0.15) | 0.00 | 1.33 | 0.00 | 1.68 | 4.71 | |||
| HOMI | 1.20 | (0.28) | 0.00 | (0.76) | 0.00 | 2.52 | 7.94 | |||
| DIEG | 2.51 | 0.02 | 0.00 | 0.03 | 0.00 | 7.14 | 21.92 | |||
| EVS | 0.86 | (0.07) | 0.00 | (0.30) | 0.00 | 2.12 | 5.42 | |||
| ONWD | 1.70 | (0.01) | 0.00 | 0.26 | 0.00 | 3.89 | 22.63 |
BEL Small Competitive Analysis
The better you understand BEL Small competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, BEL Small'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 BEL Small'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 |
BEL Small Competition Performance Charts
Five steps to successful analysis of BEL Small Competition
BEL Small'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 BEL Small in relation to its competition. BEL Small's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of BEL Small 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 BEL Small's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to BEL Small, 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 BEL Small position
In addition to having BEL Small 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 Beers Thematic Idea Now
Beers
Companies involved in production and distribution of domestic and international beer. The Beers 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 Beers Theme or any other thematic opportunities.
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