IShares GSCI Competition
| COMT Etf | USD 26.99 0.12 0.44% |
IShares GSCI vs IShares Currency Correlation
Poor diversification
The correlation between iShares GSCI Commodity and HEZU is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares GSCI Commodity and HEZU in the same portfolio, assuming nothing else is changed.
Moving together with IShares Etf
IShares GSCI Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between IShares GSCI 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 IShares 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 iShares GSCI Commodity does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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IShares GSCI Constituents Risk-Adjusted Indicators
There is a big difference between IShares Etf performing well and IShares GSCI 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 IShares GSCI'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PMAR | 0.18 | 0.01 | (0.17) | 0.13 | 0.14 | 0.52 | 1.33 | |||
| QJUN | 0.36 | (0.02) | (0.12) | 0.04 | 0.50 | 0.80 | 2.22 | |||
| INDY | 0.56 | (0.04) | 0.00 | (0.05) | 0.00 | 1.02 | 3.53 | |||
| BUFZ | 0.21 | 0.00 | (0.17) | 0.09 | 0.22 | 0.50 | 1.67 | |||
| GSPY | 0.62 | 0.06 | (0.02) | (1.76) | 0.98 | 1.45 | 5.03 | |||
| VUSE | 0.63 | (0.08) | (0.10) | (0.01) | 0.86 | 1.18 | 3.35 | |||
| QLC | 0.61 | 0.00 | (0.02) | 0.08 | 0.71 | 1.19 | 4.10 | |||
| JHEM | 0.64 | 0.11 | 0.10 | 0.28 | 0.51 | 1.80 | 4.06 | |||
| AOK | 0.23 | 0.01 | (0.12) | 0.12 | 0.27 | 0.47 | 1.77 | |||
| HEZU | 0.58 | 0.05 | 0.03 | 0.14 | 0.65 | 1.44 | 4.61 |
IShares GSCI Competitive Analysis
The better you understand IShares GSCI competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, IShares GSCI'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 IShares GSCI'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 |
IShares GSCI Competition Performance Charts
Five steps to successful analysis of IShares GSCI Competition
IShares GSCI'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 iShares GSCI Commodity in relation to its competition. IShares GSCI's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of IShares GSCI 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 IShares GSCI's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to iShares GSCI 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 IShares GSCI position
In addition to having IShares GSCI 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?
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Check out IShares GSCI 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.
iShares GSCI Commodity's market price often diverges from its book value, the accounting figure shown on IShares's balance sheet. Smart investors calculate IShares GSCI's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since IShares GSCI'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 IShares GSCI's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding IShares GSCI should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, IShares GSCI'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.