Aptus Deferred Competition
| DEFR Etf | 27.03 0.06 0.22% |
Aptus Deferred vs IDX Dynamic Correlation
Poor diversification
The correlation between Aptus Deferred Income and DYFI is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aptus Deferred Income and DYFI in the same portfolio, assuming nothing else is changed.
Moving together with Aptus Etf
Moving against Aptus Etf
Aptus Deferred Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Aptus Deferred 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 Aptus 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 Aptus Deferred Income does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Aptus Deferred Competition Risk-Adjusted Indicators
There is a big difference between Aptus Etf performing well and Aptus Deferred 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 Aptus Deferred'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 | 1.47 | 0.07 | 0.04 | 0.14 | 1.43 | 3.43 | 13.69 | |||
| MSFT | 1.33 | (0.37) | 0.00 | (1.03) | 0.00 | 1.90 | 13.28 | |||
| UBER | 1.55 | (0.39) | 0.00 | (0.71) | 0.00 | 2.46 | 11.09 | |||
| F | 1.21 | 0.03 | 0.02 | 0.07 | 1.25 | 3.34 | 7.16 | |||
| T | 1.01 | 0.14 | 0.10 | (18.48) | 0.95 | 3.87 | 5.31 | |||
| A | 1.27 | (0.31) | 0.00 | (0.20) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.72 | (0.42) | 0.00 | (0.40) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.26 | (0.10) | 0.00 | (0.03) | 0.00 | 2.34 | 7.38 | |||
| MRK | 1.29 | 0.43 | 0.31 | 0.77 | 0.98 | 2.93 | 8.74 | |||
| XOM | 1.27 | 0.39 | 0.25 | 1.59 | 1.08 | 2.90 | 6.83 |
Aptus Deferred Competitive Analysis
The better you understand Aptus Deferred competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Aptus Deferred'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 Aptus Deferred'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 |
Aptus Deferred Competition Performance Charts
Five steps to successful analysis of Aptus Deferred Competition
Aptus Deferred'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 Aptus Deferred Income in relation to its competition. Aptus Deferred's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Aptus Deferred 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 Aptus Deferred's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Aptus Deferred Income, 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 Aptus Deferred position
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Stores
Companies providing different types of retail and wholesale services. The Stores theme has 37 constituents at this time.
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Check out Aptus Deferred Correlation with its peers. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Investors evaluate Aptus Deferred Income using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Aptus Deferred's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Aptus Deferred's market price to deviate significantly from intrinsic value.
It's important to distinguish between Aptus Deferred's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Aptus Deferred should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Aptus Deferred's market price signifies the transaction level at which participants voluntarily complete trades.