City Different Competition
| CDIG Etf | 24.82 0.75 2.93% |
City Different vs Matthews China Correlation
Very poor diversification
The correlation between City Different Investments and MCHS is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding City Different Investments and MCHS in the same portfolio, assuming nothing else is changed.
Moving together with City Etf
| 0.83 | VT | Vanguard Total World | PairCorr |
| 0.83 | ACWI | iShares MSCI ACWI | PairCorr |
| 0.73 | IOO | iShares Global 100 | PairCorr |
| 0.81 | URTH | iShares MSCI World | PairCorr |
Moving against City Etf
| 0.63 | FNGU | MicroSectors FANG Index Symbol Change | PairCorr |
City Different Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between City Different 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 City 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 City Different Inves does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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City Different Constituents Risk-Adjusted Indicators
There is a big difference between City Etf performing well and City Different 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 City Different'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KPRO | 0.37 | (0.10) | 0.00 | (0.44) | 0.00 | 0.78 | 7.61 | |||
| EATZ | 0.89 | 0.11 | 0.08 | 0.24 | 0.87 | 1.88 | 6.00 | |||
| THNR | 0.89 | 0.13 | 0.09 | 0.24 | 0.97 | 1.74 | 5.68 | |||
| IRET | 0.62 | 0.10 | 0.03 | 9.75 | 0.53 | 1.37 | 3.64 | |||
| CRED | 0.66 | 0.01 | (0.04) | 0.09 | 0.79 | 1.46 | 4.53 | |||
| ION | 1.99 | 0.45 | 0.16 | 0.56 | 2.45 | 4.19 | 14.01 | |||
| EPSB | 0.77 | 0.17 | 0.21 | 0.25 | 0.42 | 2.49 | 4.06 | |||
| BFRE | 0.59 | 0.01 | (0.09) | (0.21) | 0.81 | 1.11 | 3.47 | |||
| EAFG | 0.80 | 0.07 | 0.05 | 0.16 | 0.85 | 1.58 | 4.51 | |||
| MCHS | 0.85 | 0.10 | 0.05 | 0.32 | 0.83 | 1.81 | 4.72 |
City Different Competitive Analysis
The better you understand City Different competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, City Different'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 City Different'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 |
City Different Competition Performance Charts
Five steps to successful analysis of City Different Competition
City Different'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 City Different Inves in relation to its competition. City Different's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of City Different 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 City Different's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to City Different Inves, 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.
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Check out City Different Correlation with its peers. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
City Different Inves's market price often diverges from its book value, the accounting figure shown on City's balance sheet. Smart investors calculate City Different's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since City Different's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between City Different's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding City Different should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, City Different'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.