EntrepreneurShares Competition
| ENTR Etf | USD 20.51 0.05 0.24% |
EntrepreneurShares vs Exchange Traded Correlation
Moving against EntrepreneurShares Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EntrepreneurShares' 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.
EntrepreneurShares Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between EntrepreneurShares 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 EntrepreneurShares 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 EntrepreneurShares does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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EntrepreneurShares Constituents Risk-Adjusted Indicators
There is a big difference between EntrepreneurShares Etf performing well and EntrepreneurShares 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 EntrepreneurShares' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FSMO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KNCT | 0.91 | 0.04 | 0.02 | 0.08 | 1.25 | 1.92 | 6.31 | |||
| FIBR | 0.19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.33 | 1.17 | |||
| NFO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EWRE | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DRUP | 0.85 | (0.20) | 0.00 | (0.20) | 0.00 | 1.89 | 5.46 | |||
| GGME | 0.75 | (0.25) | 0.00 | 17.67 | 0.00 | 1.09 | 4.51 | |||
| PDEV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FNI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TDSD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EntrepreneurShares Competitive Analysis
The better you understand EntrepreneurShares competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, EntrepreneurShares' 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 EntrepreneurShares' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
EntrepreneurShares Competition Performance Charts
Five steps to successful analysis of EntrepreneurShares Competition
EntrepreneurShares' 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 EntrepreneurShares in relation to its competition. EntrepreneurShares' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of EntrepreneurShares 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 EntrepreneurShares' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to EntrepreneurShares, 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 EntrepreneurShares position
In addition to having EntrepreneurShares 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 Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 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 Disruptive Technologies Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in child. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of EntrepreneurShares is measured differently than its book value, which is the value of EntrepreneurShares that is recorded on the company's balance sheet. Investors also form their own opinion of EntrepreneurShares' value that differs from its market value or its book value, called intrinsic value, which is EntrepreneurShares' true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because EntrepreneurShares' market value can be influenced by many factors that don't directly affect EntrepreneurShares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between EntrepreneurShares' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding EntrepreneurShares should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, EntrepreneurShares' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.