Body Competitors
| BMMJDelisted Stock | USD 0.01 0 13.33% |
Body vs Endexx Corp Correlation
Average diversification
The correlation between Body And Mind and EDXC is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Body And Mind and EDXC in the same portfolio, assuming nothing else is changed.
Moving against Body Pink Sheet
| 0.48 | ABEV | Ambev SA ADR Earnings Call This Week | PairCorr |
| 0.36 | HLN | Haleon plc Aggressive Push | PairCorr |
| 0.34 | HLNCF | Haleon plc Downward Rally | PairCorr |
Body Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Body and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Body 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 Body And Mind does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Body Pink Sheet performing well and Body Company 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 Body'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MJNA | 27.12 | 8.13 | 0.17 | (4.93) | 20.21 | 100.00 | 266.67 | |||
| SRUTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BINP | 12.06 | 2.89 | 0.09 | (0.70) | 14.05 | 34.69 | 176.17 | |||
| LVVEF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EXMT | 12.05 | 1.83 | 0.07 | 1.18 | 11.86 | 33.33 | 133.33 | |||
| HBRM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PHBI | 7.93 | 0.95 | 0.11 | 0.39 | 7.47 | 18.75 | 64.69 | |||
| CBDY | 10.88 | 0.22 | 0.02 | 0.10 | 13.03 | 31.58 | 72.22 | |||
| BMCS | 3.81 | 1.09 | 0.07 | 63.34 | 4.91 | 3.95 | 94.28 | |||
| EDXC | 8.91 | (1.09) | 0.00 | (0.25) | 0.00 | 15.38 | 48.75 |
Body Competitive Analysis
The better you understand Body competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Body'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 Body'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 |
Body Competition Performance Charts
Five steps to successful analysis of Body Competition
Body'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 Body And Mind in relation to its competition. Body's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Body 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 Body's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Body And Mind, 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 Body position
In addition to having Body 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 Alternative Currency ETFs Thematic Idea Now
Alternative Currency ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Alternative Currency ETFs theme has 107 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 Alternative Currency ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Body Pink Sheet
If you are still planning to invest in Body And Mind check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Body's history and understand the potential risks before investing.
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