Democratic Large Competition
| DEMZ Etf | USD 42.74 0.00 0.00% |
Democratic Large vs Global X Correlation
Significant diversification
The correlation between Democratic Large Cap and HEAL is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Democratic Large Cap and HEAL in the same portfolio, assuming nothing else is changed.
Moving together with Democratic Etf
Democratic Large Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Democratic Large 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 Democratic 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 Democratic Large Cap does not affect the price movement of the other competitor.
High positive correlations
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Democratic Large Constituents Risk-Adjusted Indicators
There is a big difference between Democratic Etf performing well and Democratic Large 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 Democratic Large'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| XUSP | 0.79 | (0.08) | (0.06) | 0.00 | 1.21 | 1.49 | 5.23 | |||
| FMET | 0.89 | (0.25) | 0.00 | (0.18) | 0.00 | 1.34 | 4.97 | |||
| GAMR | 1.11 | (0.36) | 0.00 | (0.32) | 0.00 | 1.64 | 7.85 | |||
| HQGO | 0.70 | (0.08) | 0.00 | (0.02) | 0.00 | 1.34 | 4.24 | |||
| KDEF | 2.21 | 0.23 | 0.08 | 0.35 | 2.25 | 4.16 | 11.83 | |||
| OCTT | 0.36 | (0.02) | (0.11) | 0.04 | 0.48 | 0.81 | 2.50 | |||
| PSR | 0.56 | 0.03 | (0.02) | 0.15 | 0.71 | 1.49 | 3.43 | |||
| PSFD | 0.27 | 0.00 | (0.10) | 0.09 | 0.31 | 0.81 | 2.31 | |||
| HRTS | 0.78 | 0.11 | 0.10 | 0.25 | 0.58 | 1.88 | 4.27 | |||
| HEAL | 1.06 | (0.35) | 0.00 | (0.24) | 0.00 | 2.41 | 7.08 |
Democratic Large Competitive Analysis
The better you understand Democratic Large competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Democratic Large'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 Democratic Large'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 |
Democratic Large Competition Performance Charts
Five steps to successful analysis of Democratic Large Competition
Democratic Large'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 Democratic Large Cap in relation to its competition. Democratic Large's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Democratic Large 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 Democratic Large's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Democratic Large Cap, 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 Democratic Large Correlation with its peers. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Democratic Large Cap's market price often diverges from its book value, the accounting figure shown on Democratic's balance sheet. Smart investors calculate Democratic Large's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Democratic Large'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 Democratic Large's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Democratic Large should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Democratic Large'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.