Ellsworth Competitors
| ECF Stock | USD 12.22 0.11 0.89% |
Ellsworth Convertible vs Prudential Qma Correlation
Poor diversification
The correlation between Ellsworth Convertible Growth and NCBVX is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ellsworth Convertible Growth and NCBVX in the same portfolio, assuming nothing else is changed.
Moving together with Ellsworth Stock
| 0.61 | LBS | Life Banc Split | PairCorr |
| 0.77 | DFN | Dividend 15 Split | PairCorr |
| 0.66 | CSOC-A | Canso Select Opportu | PairCorr |
| 0.8 | DGS | Dividend Growth Split | PairCorr |
| 0.73 | ASA | ASA Gold | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ellsworth Convertible'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.
Ellsworth Convertible Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ellsworth Convertible and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Ellsworth 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 Ellsworth Convertible does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Ellsworth Stock performing well and Ellsworth Convertible Company 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 Ellsworth Convertible'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NRO | 0.56 | (0.07) | 0.00 | (0.16) | 0.00 | 1.34 | 2.69 | |||
| BCV | 0.93 | (0.02) | (0.03) | (0.01) | 1.19 | 2.16 | 6.32 | |||
| PIM | 0.63 | (0.01) | (0.05) | (0.01) | 0.64 | 1.23 | 4.32 | |||
| PFD | 0.42 | 0.01 | (0.03) | 0.10 | 0.55 | 0.93 | 2.88 | |||
| PNI | 0.30 | 0.01 | (0.06) | 0.11 | 0.27 | 0.72 | 1.73 | |||
| EHI | 0.44 | 0.06 | 0.06 | 0.44 | 0.33 | 1.14 | 3.36 | |||
| ALSRX | 1.18 | (0.12) | 0.00 | (0.06) | 0.00 | 2.13 | 5.94 | |||
| FLC | 0.33 | 0.04 | 0.01 | 0.43 | 0.32 | 0.63 | 1.62 | |||
| GGT | 0.85 | 0.12 | 0.10 | 0.27 | 0.85 | 1.71 | 5.19 | |||
| NCBVX | 0.60 | 0.14 | 0.14 | 1.18 | 0.50 | 1.57 | 3.36 |
Cross Equities Net Income Analysis
Compare Ellsworth Convertible and related stocks such as Neuberger Berman, Bancroft Fund Limited, and Putnam Master Interm Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BCV | 1.7 M | 6.6 M | 19.1 M | 10.2 M | 2.2 M | 4.9 M | 20.1 M | 7.3 M | 23.7 M | 27 M | 42.2 M | (48.8 M) | 13.9 M | 13.9 M | 42.9 M | 49.3 M | 51.8 M |
| GGT | 44.2 M | 27.7 M | 27.7 M | 65.1 M | 8.1 M | (12.4 M) | 14.5 M | 51.7 M | (30.8 M) | 49.2 M | 33.3 M | 28.3 M | (91.6 M) | 23.3 M | 16 M | 14.4 M | 15.1 M |
Ellsworth Convertible and related stocks such as Neuberger Berman, Bancroft Fund Limited, and Putnam Master Interm Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Ellsworth Convertible financial statement analysis. It represents the amount of money remaining after all of Ellsworth Convertible Growth operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ellsworth Convertible Competitive Analysis
The better you understand Ellsworth Convertible competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ellsworth Convertible'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 Ellsworth Convertible'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 |
Ellsworth Convertible Competition Performance Charts
Five steps to successful analysis of Ellsworth Convertible Competition
Ellsworth Convertible'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 Ellsworth Convertible in relation to its competition. Ellsworth Convertible's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Ellsworth Convertible 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 Ellsworth Convertible's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ellsworth Convertible, 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 Ellsworth Convertible position
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Check out Ellsworth Convertible Correlation with its peers. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Can Asset Management & Custody Banks industry sustain growth momentum? Does Ellsworth have expansion opportunities? Factors like these will boost the valuation of Ellsworth Convertible. Projected growth potential of Ellsworth fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Ellsworth Convertible demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.52) | Dividend Share 0.53 | Earnings Share 1.88 | Revenue Per Share | Quarterly Revenue Growth (0.06) |
Understanding Ellsworth Convertible requires distinguishing between market price and book value, where the latter reflects Ellsworth's accounting equity. The concept of intrinsic value - what Ellsworth Convertible's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Ellsworth Convertible's price substantially above or below its fundamental value.
It's important to distinguish between Ellsworth Convertible's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ellsworth Convertible should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Ellsworth Convertible's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
