WEBs Defined Competition
| DVXP Etf | 26.61 0.56 2.15% |
WEBs Defined vs FT Cboe Correlation
Poor diversification
The correlation between WEBs Defined Volatility and DJUL is 0.68 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WEBs Defined Volatility and DJUL in the same portfolio, assuming nothing else is changed.
Moving together with WEBs Etf
| 1.0 | XLP | Consumer Staples Select Aggressive Push | PairCorr |
| 1.0 | VDC | Vanguard Consumer Staples | PairCorr |
| 0.94 | IYK | iShares Consumer Staples | PairCorr |
| 0.98 | KXI | iShares Global Consumer | PairCorr |
| 1.0 | FSTA | Fidelity MSCI Consumer | PairCorr |
Moving against WEBs Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WEBs Defined'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.
WEBs Defined Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between WEBs Defined 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 WEBs 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 WEBs Defined Volatility does not affect the price movement of the other competitor.
High positive correlations
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WEBs Defined Competition Risk-Adjusted Indicators
There is a big difference between WEBs Etf performing well and WEBs Defined 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 WEBs Defined'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 | 1.55 | (0.03) | (0.02) | 0.02 | 1.62 | 3.43 | 13.36 | |||
| MSFT | 1.23 | (0.36) | 0.00 | (1.95) | 0.00 | 1.78 | 13.28 | |||
| UBER | 1.57 | (0.43) | 0.00 | (0.52) | 0.00 | 2.46 | 10.23 | |||
| F | 1.22 | 0.04 | 0.04 | 0.10 | 1.20 | 3.38 | 7.16 | |||
| T | 0.95 | 0.11 | 0.06 | 0.72 | 0.94 | 2.02 | 4.31 | |||
| A | 1.22 | (0.18) | 0.00 | (0.08) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.64 | (0.42) | 0.00 | (0.32) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.12 | (0.03) | 0.00 | 0.03 | 1.63 | 2.18 | 7.38 | |||
| MRK | 1.32 | 0.46 | 0.31 | 0.65 | 1.07 | 3.59 | 8.09 | |||
| XOM | 1.15 | 0.00 | 0.27 | 0.00 | 0.92 | 2.69 | 5.85 |
WEBs Defined Competitive Analysis
The better you understand WEBs Defined competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, WEBs Defined'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 WEBs Defined'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 |
WEBs Defined Competition Performance Charts
Five steps to successful analysis of WEBs Defined Competition
WEBs Defined'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 WEBs Defined Volatility in relation to its competition. WEBs Defined's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of WEBs Defined 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 WEBs Defined's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to WEBs Defined Volatility, 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 WEBs Defined position
In addition to having WEBs Defined 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 Russia On Wall Street Thematic Idea Now
Russia On Wall Street
Cross-sector and cross-instrument bundle of publicly traded Russian entities that are expected to be listed on USA exchanges or over the counter. The Russia On Wall Street theme has 23 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 Russia On Wall Street Theme or any other thematic opportunities.
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Check out WEBs Defined Correlation with its peers. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of WEBs Defined Volatility is measured differently than its book value, which is the value of WEBs that is recorded on the company's balance sheet. Investors also form their own opinion of WEBs Defined's value that differs from its market value or its book value, called intrinsic value, which is WEBs Defined's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because WEBs Defined's market value can be influenced by many factors that don't directly affect WEBs Defined's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between WEBs Defined's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding WEBs Defined should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, WEBs Defined's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.