VanEck CMCI Competition
| CMCI Etf | USD 25.41 0.15 0.59% |
VanEck CMCI vs First Trust Correlation
Almost no diversification
The correlation between VanEck CMCI Commodity and FTGC is 0.97 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VanEck CMCI Commodity and FTGC in the same portfolio, assuming nothing else is changed.
Moving together with VanEck Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VanEck CMCI'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.
VanEck CMCI Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VanEck CMCI 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 VanEck 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 VanEck CMCI Commodity does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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VanEck CMCI Competition Risk-Adjusted Indicators
There is a big difference between VanEck Etf performing well and VanEck CMCI 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 VanEck CMCI'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.50 | 0.07 | 0.03 | 0.16 | 1.44 | 3.43 | 13.69 | |||
| MSFT | 1.29 | (0.39) | 0.00 | (1.03) | 0.00 | 1.90 | 13.28 | |||
| UBER | 1.56 | (0.35) | 0.00 | (0.63) | 0.00 | 2.46 | 11.09 | |||
| F | 1.22 | 0.05 | 0.03 | 0.13 | 1.21 | 3.34 | 7.16 | |||
| T | 1.00 | 0.15 | 0.07 | (19.14) | 0.94 | 3.87 | 7.44 | |||
| A | 1.26 | (0.35) | 0.00 | (0.21) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.69 | (0.47) | 0.00 | (0.39) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.20 | (0.06) | (0.02) | 0.03 | 1.61 | 2.34 | 7.38 | |||
| MRK | 1.27 | 0.38 | 0.26 | 0.64 | 0.97 | 2.93 | 8.74 | |||
| XOM | 1.29 | 0.31 | 0.18 | 1.25 | 1.17 | 2.90 | 6.83 |
VanEck CMCI Competitive Analysis
The better you understand VanEck CMCI competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VanEck CMCI'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 VanEck CMCI'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 |
VanEck CMCI Competition Performance Charts
Five steps to successful analysis of VanEck CMCI Competition
VanEck CMCI'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 VanEck CMCI Commodity in relation to its competition. VanEck CMCI's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of VanEck CMCI 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 VanEck CMCI's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VanEck CMCI Commodity, 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 VanEck CMCI position
In addition to having VanEck CMCI 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 Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 25 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 Convertibles Funds Theme or any other thematic opportunities.
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Check out VanEck CMCI Correlation with its peers. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Understanding VanEck CMCI Commodity requires distinguishing between market price and book value, where the latter reflects VanEck's accounting equity. The concept of intrinsic value - what VanEck CMCI's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push VanEck CMCI's price substantially above or below its fundamental value.
It's important to distinguish between VanEck CMCI's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding VanEck CMCI should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, VanEck CMCI's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.