Deka Deutsche Competition

EL4V Etf   100.24  0.05  0.05%   
Deka Deutsche Brse competes with IShares II, IShares III, Multi Units, and MULTI UNITS; as well as few others. Analyzing Deka Deutsche competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Deka Deutsche to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Deka Deutsche Correlation with its peers.

Deka Deutsche vs MULTI UNITS Correlation

Very poor diversification

The correlation between Deka Deutsche Brse and DFOB is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Deka Deutsche Brse and DFOB in the same portfolio, assuming nothing else is changed.

Moving together with Deka Etf

  0.88IBCL iShares II PublicPairCorr
  0.9NADB Multi Units LuxembourgPairCorr
  0.85E15G Multi Units LuxembourgPairCorr

Moving against Deka Etf

  0.38D6RD Deka Future EnergyPairCorr
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
99.88100.24100.60
Details
Intrinsic
Valuation
LowRealHigh
99.6199.97100.33
Details
Naive
Forecast
LowNextHigh
101.31101.66102.02
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
87.0699.40111.74
Details

Deka Deutsche Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Deka Deutsche 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 Deka 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 Deka Deutsche Brse does not affect the price movement of the other competitor.

Deka Deutsche Constituents Risk-Adjusted Indicators

There is a big difference between Deka Etf performing well and Deka Deutsche 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 Deka Deutsche'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.

Deka Deutsche Competitive Analysis

The better you understand Deka Deutsche competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Deka Deutsche'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 Deka Deutsche'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
EL4V IBCL EUN8 LYQ6 DFOB
 0.05 
 100.24 
Deka
 0.44 
 167.40 
IShares
 0.21 
 149.73 
IShares
 0.48 
 204.68 
Multi
 0.12 
 128.59 
MULTI
Market Volatility
(90 Days Market Risk)
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(90 Days Performance)
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(Probability Of Bankruptcy)
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(Average Analysts Consensus)
Not Available
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(90 Days Macroaxis Advice)
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Deka Deutsche Competition Performance Charts

Five steps to successful analysis of Deka Deutsche Competition

Deka Deutsche'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 Deka Deutsche Brse in relation to its competition. Deka Deutsche's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Deka Deutsche 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 Deka Deutsche's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Deka Deutsche Brse, 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Deka Deutsche position

In addition to having Deka Deutsche 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.

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Convertibles Funds
Convertibles Funds Theme
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 25 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 Convertibles Funds Theme or any other thematic opportunities.
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Other Information on Investing in Deka Etf

Deka Deutsche financial ratios help investors to determine whether Deka Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Deka with respect to the benefits of owning Deka Deutsche security.