Causeway Concentrated Competition

Summary

CCEVXDelisted Fund

USD 9.96 0.00 0.00%

Causeway Concentrated competes with Ishares Municipal, California High-yield, Nuveen Minnesota, T Rowe, and Nuveen Arizona; as well as few others. The fund is listed under World Large-Stock Value category and is part of Causeway family. Analyzing Causeway Concentrated 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 Causeway Concentrated to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in real.

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 Causeway Concentrated competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Causeway Concentrated'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.

Hype

Prediction

Low	Estimated	High
9.96	9.96	9.96

Details

Intrinsic

Valuation

Low	Real	High
9.41	9.41	10.96

Details

Causeway Concentrated Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Causeway Concentrated and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Causeway 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 Causeway Concentrated does not affect the price movement of the other competitor.

	BIDPX	BCHIX	FYMNX	PRINX	FAZTX	AFB	CFNLX
BIDPX		0.98	0.95	0.98	0.99	0.84	0.98	BIDPX
BCHIX	0.98		0.98	0.98	0.98	0.85	0.94	BCHIX
FYMNX	0.95	0.98		0.98	0.97	0.8	0.88	FYMNX
PRINX	0.98	0.98	0.98		0.98	0.82	0.93	PRINX
FAZTX	0.99	0.98	0.97	0.98		0.8	0.94	FAZTX
AFB	0.84	0.85	0.8	0.82	0.8		0.88	AFB
CFNLX	0.98	0.94	0.88	0.93	0.94	0.88		CFNLX
	BIDPX	BCHIX	FYMNX	PRINX	FAZTX	AFB	CFNLX

Click cells to compare fundamentals

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Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Causeway Mutual Fund performing well and Causeway Concentrated Mutual Fund 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 Causeway Concentrated'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
BIDPX	0.15	0.02	(0.30)	(0.07)	0.21	(0.18)	0.27	(0.45)	1.36
BCHIX	0.16	0.02	(0.23)	(0.14)	0.22	(0.22)	0.41	(0.40)	1.53
FYMNX	0.13	0.02	(0.30)	(0.09)	0.17	(0.20)	0.37	(0.28)	1.39
PRINX	0.16	0.02	(0.26)	(0.12)	0.21	(0.24)	0.44	(0.44)	1.59
FAZTX	0.14	0.02	(0.31)	(0.08)	0.19	(0.19)	0.39	(0.29)	1.38
AFB	0.48	0.02	(0.16)	(0.16)	0.61	(0.51)	1.12	(0.94)	2.88
CFNLX	0.12	0.01	(0.42)	0.02	0.18	(0.16)	0.22	(0.32)	1.13

Unable to evaluate fundamental data of [BIDPX, BCHIX, FYMNX, PRINX, FAZTX, AFB, CFNLX] at this time. Please try again later

All Fundamental Data

Causeway Concentrated Competitive Analysis

The better you understand Causeway Concentrated competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Causeway Concentrated'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 Causeway Concentrated'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

	CCEVX	BIDPX	BCHIX	FYMNX	PRINX	FAZTX	AFB	CFNLX
	0.00 9.96 Causeway	0.27 11.15 Ishares	0.20 9.93 California	0.18 10.88 Nuveen	0.26 11.43 PRINX	0.1 10.25 NUVEEN	1.33 11.44 Alliancebernstein	0.16 18.75 The
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Insignificant	Insignificant	Modest	Modest	Insignificant	Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Dangerous	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Not Rated	Hold	Hold	Hold	Hold	Hold	Hold	Hold
Net Asset	5.52 M	346.66 M	1.22 B	397.92 M	2.32 B	173.65 M	N/A	377.99 M
Minimum Initial Investment	N/A	N/A	5 M	100 K	25 K	N/A	N/A	1 K
Price To Book	N/A	N/A	N/A	N/A	N/A	N/A	0.72 X	6.68 X
Five Year Return	N/A	0.92 %	1.47 %	1.01 %	1.35 %	0.86 %	0.09 %	0.80 %
One Year Return	N/A	5.43 %	9.53 %	7.59 %	7.68 %	6.73 %	9.33 %	5.10 %
Last Dividend Paid	N/A	N/A	0.03	0.02	0.02	0.02	0.54	0.03
Price To Earning	N/A	N/A	N/A	N/A	N/A	N/A	36.40 X	7.02 X
Beta	N/A	N/A	N/A	N/A	N/A	N/A	0.32	N/A
Price To Sales	N/A	N/A	N/A	N/A	N/A	N/A	12.45 X	0.94 X
Cash Position Weight	3.47 %	0.56 %	0.12 %	0.54 %	0.07 %	0.29 %	N/A	7.67 %
Equity Positions Weight	96.52 %	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Three Year Return	N/A	(0.44) %	(0.32) %	(0.23) %	(0.28) %	(0.82) %	(2.68) %	(0.34) %
Annual Yield	0.01 %	0.0008 %	0 %	0 %	0 %	0.01 %	0.01 %	0 %
Year To Date Return	N/A	1.47 %	4.66 %	3.63 %	3.43 %	2.53 %	2.22 %	1.38 %
Bond Positions Weight	N/A	N/A	99.88 %	99.46 %	99.88 %	5.21 %	N/A	92.33 %
Ten Year Return	N/A	3.58 %	5.29 %	4.59 %	4.16 %	4.08 %	N/A	3.79 %
Day Typical Price	9.96	11.15	9.93	10.88	11.43	10.25	11.38	18.75
Accumulation Distribution	N/A	N/A	N/A	N/A	N/A	N/A	0.0149	N/A
Market Facilitation Index	N/A	N/A	N/A	N/A	N/A	N/A	0.17	N/A
Daily Balance Of Power	0.0	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	0.8824	9.2 T
Period Momentum Indicator	N/A	0.03	0.02	0.02	0.03	0.01	0.15	0.03
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.0	1.01	1.0
Day Median Price	9.96	11.15	9.93	10.88	11.43	10.25	11.36	18.75
Price Action Indicator	N/A	0.015	0.01	0.01	0.015	0.005	0.16	0.015
Coefficient Of Variation	(1,896)	1425.52	1128.79	1208.14	1224.61	1397.07	2848.33	2360.47
Mean Deviation	0.7203	0.1473	0.1627	0.135	0.1631	0.1416	0.4843	0.12
Jensen Alpha	(0.08)	0.0172	0.0247	0.0196	0.0228	0.0157	0.0205	0.0065
Total Risk Alpha	(0.42)	(0.03)	(0.03)	(0.03)	(0.03)	(0.03)	(0.08)	(0.03)
Sortino Ratio	N/A	(0.30)	(0.23)	(0.30)	(0.26)	(0.31)	(0.16)	(0.42)
Downside Variance	N/A	0.1354	0.1912	0.1233	0.1621	0.125	0.4345	0.0792
Standard Deviation	2.01	0.2377	0.2642	0.223	0.2659	0.2321	0.6244	0.1957
Kurtosis	50.66	6.26	6.88	7.89	6.35	6.99	0.2019	6.88
Potential Upside	1.2	0.2732	0.4057	0.3687	0.439	0.3949	1.12	0.2154
Treynor Ratio	0.4112	(0.07)	(0.14)	(0.09)	(0.12)	(0.08)	(0.16)	0.0241
Maximum Drawdown	17.55	1.36	1.53	1.39	1.59	1.38	2.88	1.13
Variance	4.06	0.0565	0.0698	0.0497	0.0707	0.0539	0.3898	0.0383
Market Risk Adjusted Performance	0.4212	(0.06)	(0.13)	(0.08)	(0.11)	(0.07)	(0.15)	0.0341
Risk Adjusted Performance	(0.03)	0.0315	0.0489	0.0391	0.0438	0.0318	0.0246	0.0033
Skewness	(6.66)	(1.34)	(1.60)	(1.51)	(1.39)	(1.35)	(0.17)	(1.40)
Semi Deviation	N/A	0.2074	0.2154	0.1652	0.2063	0.1887	0.6092	0.1764
Information Ratio	(0.11)	(0.46)	(0.39)	(0.48)	(0.39)	(0.47)	(0.17)	(0.60)
Value At Risk	(1.22)	(0.45)	(0.40)	(0.28)	(0.44)	(0.29)	(0.94)	(0.32)
Expected Short fall	N/A	(0.18)	(0.22)	(0.20)	(0.24)	(0.19)	(0.51)	(0.16)
Downside Deviation	N/A	0.3679	0.4372	0.3511	0.4026	0.3536	0.6592	0.2815
Semi Variance	N/A	0.043	0.0464	0.0273	0.0426	0.0356	0.3711	0.0311

Causeway Concentrated Competition Performance Charts

Five steps to successful analysis of Causeway Concentrated Competition

Causeway Concentrated'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 Causeway Concentrated in relation to its competition. Causeway Concentrated's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Causeway Concentrated 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 Causeway Concentrated's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Causeway Concentrated, 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 Causeway Concentrated position

In addition to having Causeway Concentrated 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.

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Communication Services

Companies that provide networking, telecom, and long distance services. The Communication Services theme has 43 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 Communication Services Theme or any other thematic opportunities.

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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in real.

You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Consideration for investing in Causeway Mutual Fund

If you are still planning to invest in Causeway Concentrated 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 Causeway Concentrated's history and understand the potential risks before investing.

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