CoinShares Altcoins Competition
| DIME Etf | 11.51 0.11 0.96% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of CoinShares Altcoins competition on your existing holdings.
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CoinShares Altcoins Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between CoinShares Altcoins 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 CoinShares 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 CoinShares Altcoins ETF does not affect the price movement of the other competitor.
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CoinShares Altcoins Constituents Risk-Adjusted Indicators
There is a big difference between CoinShares Etf performing well and CoinShares Altcoins 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 CoinShares Altcoins' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DIME | 4.56 | (1.36) | 0.00 | (1.11) | 0.00 | 8.21 | 36.78 | |||
| DOJE | 4.31 | (1.02) | 0.00 | (0.56) | 0.00 | 8.84 | 23.08 | |||
| MNRS | 4.21 | (0.27) | 0.00 | (0.04) | 0.00 | 8.27 | 23.19 | |||
| VSOL | 4.24 | (0.04) | 0.00 | (0.58) | 0.00 | 9.41 | 18.84 | |||
| EETH | 3.91 | (0.70) | 0.00 | (0.18) | 0.00 | 7.45 | 17.93 | |||
| NCIQ | 2.74 | (0.54) | 0.00 | (0.24) | 0.00 | 4.66 | 14.26 | |||
| NEHI | 2.64 | (0.21) | 0.00 | 8.85 | 0.00 | 6.87 | 8.94 | |||
| ETCO | 3.00 | (0.57) | 0.00 | (0.60) | 0.00 | 4.87 | 15.29 | |||
| ETHA | 3.90 | (0.68) | 0.00 | (0.17) | 0.00 | 7.41 | 17.95 |
CoinShares Altcoins Competitive Analysis
The better you understand CoinShares Altcoins competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, CoinShares Altcoins' 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 CoinShares Altcoins' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
| DIME | DOJE | MNRS | VSOL | EETH | NCIQ | NEHI | ETCO | ETHA | |
| 0.96 11.51 CoinShares | 0.90 12.06 DOJE | 0.12 32.59 Grayscale | 0.06 16.20 VanEck | 6.10 36.76 ProShares | 0.74 22.69 Hashdex | 0.02 50.33 NEOS | 0.41 19.43 Grayscale | 1.12 22.17 IShares | Market Volatility (90 Days Market Risk) |
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CoinShares Altcoins Competition Performance Charts
Five steps to successful analysis of CoinShares Altcoins Competition
CoinShares Altcoins' 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 CoinShares Altcoins ETF in relation to its competition. CoinShares Altcoins' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of CoinShares Altcoins 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 CoinShares Altcoins' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to CoinShares Altcoins ETF, 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 CoinShares Altcoins position
In addition to having CoinShares Altcoins 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 Emerging Markets Funds Thematic Idea Now
Emerging Markets Funds
Fund or Etfs that invest in markets of developing countries. The Emerging Markets Funds theme has 42 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 Emerging Markets Funds Theme or any other thematic opportunities.
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Check out CoinShares Altcoins Correlation with its peers. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of CoinShares Altcoins ETF is measured differently than its book value, which is the value of CoinShares that is recorded on the company's balance sheet. Investors also form their own opinion of CoinShares Altcoins' value that differs from its market value or its book value, called intrinsic value, which is CoinShares Altcoins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CoinShares Altcoins' market value can be influenced by many factors that don't directly affect CoinShares Altcoins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CoinShares Altcoins' value and its price as these two are different measures arrived at by different means. Investors typically determine if CoinShares Altcoins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoinShares Altcoins' 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.