Longview Advantage Competition
| EBI Etf | 60.56 0.30 0.49% |
Longview Advantage vs Legg Mason Correlation
Very poor diversification
The correlation between Longview Advantage ETF and LVHD is 0.84 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Longview Advantage ETF and LVHD in the same portfolio, assuming nothing else is changed.
Moving together with Longview Etf
| 0.89 | VTI | Vanguard Total Stock | PairCorr |
| 0.87 | SPY | SPDR SP 500 | PairCorr |
| 0.87 | IVV | iShares Core SP | PairCorr |
| 0.97 | VIG | Vanguard Dividend | PairCorr |
| 0.82 | VV | Vanguard Large Cap | PairCorr |
Moving against Longview Etf
Longview Advantage Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Longview Advantage 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 Longview 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 Longview Advantage ETF does not affect the price movement of the other competitor.
Longview Advantage Constituents Risk-Adjusted Indicators
There is a big difference between Longview Etf performing well and Longview Advantage 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 Longview Advantage'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CXSE | 0.82 | (0.06) | (0.09) | (0.02) | 1.01 | 1.75 | 5.35 | |||
| JVAL | 0.67 | 0.05 | 0.06 | 0.13 | 0.64 | 1.73 | 3.77 | |||
| PPH | 0.83 | 0.18 | 0.19 | 0.35 | 0.53 | 2.37 | 4.69 | |||
| BBSC | 0.92 | 0.01 | 0.02 | 0.09 | 1.02 | 2.23 | 4.55 | |||
| ONEV | 0.54 | 0.06 | 0.06 | 0.18 | 0.39 | 1.40 | 3.42 | |||
| IMFL | 0.67 | 0.19 | 0.19 | 0.36 | 0.49 | 1.45 | 3.38 | |||
| RPAR | 0.49 | 0.10 | 0.04 | 0.97 | 0.47 | 0.92 | 3.63 | |||
| VNM | 1.20 | 0.03 | (0.02) | 0.20 | 1.51 | 2.77 | 7.77 | |||
| TLTD | 0.63 | 0.16 | 0.18 | 0.30 | 0.57 | 1.38 | 3.20 | |||
| LVHD | 0.46 | 0.13 | 0.15 | 0.60 | 0.15 | 1.11 | 2.38 |
Longview Advantage Competitive Analysis
The better you understand Longview Advantage competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Longview Advantage'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 Longview Advantage'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 |
Longview Advantage Competition Performance Charts
Five steps to successful analysis of Longview Advantage Competition
Longview Advantage'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 Longview Advantage ETF in relation to its competition. Longview Advantage's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Longview Advantage 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 Longview Advantage's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Longview Advantage 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.
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In addition to having Longview Advantage 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 Longview Advantage Correlation with its peers. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Longview Advantage ETF's market price often diverges from its book value, the accounting figure shown on Longview's balance sheet. Smart investors calculate Longview Advantage'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 Longview Advantage'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 Longview Advantage's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Longview Advantage should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Longview Advantage'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.