NestYield Total Competition
| EGGS Etf | 39.71 0.07 0.18% |
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 NestYield Total competition on your existing holdings.
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NestYield Total Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NestYield Total 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 NestYield 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 NestYield Total Return does not affect the price movement of the other competitor.
High positive correlations
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NestYield Total Constituents Risk-Adjusted Indicators
There is a big difference between NestYield Etf performing well and NestYield Total 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 NestYield Total'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EGGY | 1.41 | (0.17) | 0.00 | (0.08) | 0.00 | 2.48 | 8.05 | |||
| HEQQ | 0.40 | 0.01 | (0.03) | 0.07 | 0.55 | 1.01 | 3.04 | |||
| ZHDG | 0.44 | (0.02) | (0.06) | 0.03 | 0.57 | 1.02 | 2.60 | |||
| ROKT | 1.42 | 0.15 | 0.11 | 0.15 | 1.57 | 3.27 | 6.94 | |||
| MCSE | 0.85 | (0.09) | 0.00 | (0.02) | 0.00 | 1.26 | 4.93 | |||
| NBDS | 1.18 | (0.09) | (0.03) | (0.01) | 1.89 | 2.33 | 6.86 | |||
| BCIL | 0.56 | (0.11) | 0.00 | (0.10) | 0.00 | 0.87 | 3.02 | |||
| MFUL | 0.18 | (0.02) | (0.23) | (0.02) | 0.24 | 0.37 | 1.20 | |||
| MART | 0.28 | 0.01 | (0.05) | 0.08 | 0.36 | 0.58 | 1.75 | |||
| NXTI | 0.71 | (0.05) | (0.05) | 0.01 | 0.94 | 1.23 | 3.60 |
NestYield Total Competitive Analysis
The better you understand NestYield Total competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NestYield Total'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 NestYield Total'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 |
NestYield Total Competition Performance Charts
Five steps to successful analysis of NestYield Total Competition
NestYield Total'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 NestYield Total Return in relation to its competition. NestYield Total's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of NestYield Total 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 NestYield Total's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NestYield Total Return, 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 NestYield Total position
In addition to having NestYield Total 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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Global Macro ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Global Macro ETFs theme has 33 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 Global Macro ETFs Theme or any other thematic opportunities.
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Check out NestYield Total Correlation with its peers. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of NestYield Total Return is measured differently than its book value, which is the value of NestYield that is recorded on the company's balance sheet. Investors also form their own opinion of NestYield Total's value that differs from its market value or its book value, called intrinsic value, which is NestYield Total's 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 NestYield Total's market value can be influenced by many factors that don't directly affect NestYield Total's 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 NestYield Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if NestYield Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NestYield Total'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.