VelocityShares Competition

Etfs USA . 
Etf . VelocityShares
VelocityShares competes with Morningstar Unconstrained, High-yield Municipal, Via Renewables, Knife River, and Klckner Co; as well as few others. Analyzing VelocityShares 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 VelocityShares to its intrinsic valuation because they are able to contrast its competitors on a relative basis. 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 metropolitan statistical area.
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 VelocityShares competition on your existing holdings.
  
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VelocityShares Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VelocityShares 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 VelocityShares 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 VelocityShares does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JPM
+ 0.81
CRM
XOM
+ 0.73
META
CRM
+ 0.71
META
CRM
+ 0.71
T
XOM
+ 0.68
CRM
MRK
+ 0.63
A
  
High negative correlations   
MRK
- 0.92
CRM
MRK
- 0.82
JPM
MRK
- 0.75
T
JPM
- 0.65
A
MRK
- 0.57
META
XOM
- 0.56
MRK

VelocityShares Competition Risk-Adjusted Indicators

There is a big difference between VelocityShares Etf performing well and VelocityShares 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 VelocityShares' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.05  0.01 (0.01) 0.12  1.40 
(1.14)
 2.62 
(3.15)
 8.02 
MSFT  0.90 (0.11) 0.00 (0.05) 0.00 
 0.00 
 2.09 
(2.02)
 8.19 
UBER  1.56 (0.16) 0.00 (0.06) 0.00 
 0.00 
 2.53 
(2.44)
 20.10 
F  1.39 (0.12)(0.03) 0.02  2.20 
(1.34)
 2.53 
(2.90)
 11.72 
T  0.92  0.26  0.15  57.17  0.86 
(1.04)
 2.56 
(1.72)
 6.47 
A  1.12 (0.13) 0.00 (0.16) 0.00 
 0.00 
 2.29 
(2.42)
 9.02 
CRM  1.28  0.27  0.23  0.33  0.92 
(1.51)
 3.18 
(1.91)
 9.09 
JPM  1.11  0.03  0.07  0.12  1.44 
(1.15)
 2.05 
(2.00)
 15.87 
MRK  0.85 (0.24) 0.00 (1.03) 0.00 
 0.00 
 1.73 
(2.13)
 4.89 
XOM  1.04  0.06  0.01  0.20  1.20 
(1.10)
 2.14 
(2.09)
 5.78 
All Fundamental Data

VelocityShares Competitive Analysis

The better you understand VelocityShares competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VelocityShares' 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 VelocityShares' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MSTSX ABHYX VIASP KNF KLKNF KMX SEIC KOS GSHD KOP
 0.43 
 11.73 
Morningstar
 0.11 
 8.96 
High-yield
 0.54 
 22.46 
Via
 2.04 
 102.57 
Knife
 0.00 
 5.35 
Klckner
 1.20 
 81.60 
CarMax
 0.82 
 80.82 
SEI
 0.50 
 4.02 
Kosmos
 3.40 
 126.34 
Goosehead
 1.22 
 38.24 
Koppers
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Very steady
Moderately volatile
Very steady
Very steady
Market Performance
(90 Days Performance)
Insignificant
Insignificant
OK
Good
Very Weak
Very Weak
Solid
Very Weak
Solid
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Average
Low
Low
Very Low
Low
Below Average
Very Low
Very Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Under Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Strong Buy
Not Available
Buy
Buy
Strong Buy
Buy
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Sell
Cautious Hold
Strong Sell
Buy
Cautious Hold
Strong Hold
Strong Buy
Strong Sell
Strong Buy
Hold
Current Ratio
N/A
N/A
3.49
N/A
2.0
2.75
4.43
0.93
1.95
2.12
Net Asset
116.1 M
672.37 M
355.28 M
2.6 B
3.88 B
27.52 B
2.52 B
4.94 B
354.89 M
1.84 B
EBITDA
N/A
N/A
33.09 M
434.42 M
897.75 M
1.04 B
424.52 M
898.66 M
45.83 M
252.6 M
Operating Margin
N/A
N/A
-0.14
0.19
0.0488
0.027
0.27
0.32
0.21
0.11
Five Year Return
8.13
1.68
8.97
N/A
N/A
N/A
1.18
N/A
N/A
N/A
One Year Return
18.78
12.1
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Beta
N/A
N/A
1.16
N/A
2.05
1.69
0.97
2.43
1.32
1.84
Number Of Employees
1
1
169
4.39 K
7.33 K
30 K
5.06 K
243
1.42 K
2.11 K
Three Year Return
5.8
-0.71
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Flow From Operations
N/A
N/A
12.7 M
335.73 M
(305.77 M)
458.62 M
447.03 M
765.17 M
50.76 M
146.1 M
Total Debt
N/A
N/A
135 M
726.37 M
434.05 M
19.53 B
25.35 M
2.39 B
143.22 M
930.7 M
Bond Positions Weight
22.72
2.0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Holdings Turnover
269.0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
-0.11
0.0726
0.0697
0.0154
0.13
0.0625
0.0637
0.0631
Current Liabilities
N/A
N/A
N/A
N/A
856 M
1.01 B
224.48 M
456.74 M
5.4 M
283.8 M
Debt To Equity
N/A
N/A
0.69
N/A
0.54
3.59
0.015
2.58
-1.22
2.43
Short Ratio
N/A
N/A
0.7
4.28
N/A
9.64
2.25
5.93
13.12
3.09
Shares Owned By Institutions
N/A
N/A
N/A
83.95
25.46
99.65
72.99
98.43
96.32
94.97
Market Capitalization
50.36 M
N/A
N/A
5.69 B
1.04 B
12.49 B
10.33 B
1.89 B
4.53 B
765.76 M
Price To Earning
N/A
N/A
26.83
N/A
1.77
14.73
19.7
6.89
82.75
5.11
Price To Sales
N/A
N/A
N/A
1.97
0.0995
0.45
5.03
1.06
16.05
0.36
Net Income
N/A
N/A
5.2 M
182.87 M
618.97 M
479.2 M
462.26 M
213.52 M
14.14 M
89.2 M
Shares Owned By Insiders
N/A
N/A
N/A
0.62
28.8
0.35
23.93
2.11
3.68
4.27
Year To Date Return
11.76
5.77
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Revenue
N/A
N/A
393.49 M
2.83 B
7.44 B
26.54 B
1.92 B
1.7 B
261.28 M
2.15 B
Working Capital
N/A
N/A
N/A
566.27 M
1.19 B
2.91 B
1.13 B
(132.12 M)
5.37 M
373.1 M
Profit Margin
N/A
N/A
0.0094
0.0689
0.0458
0.0151
0.27
0.12
0.0679
0.0355
Price To Book
N/A
N/A
N/A
3.93
0.45
1.92
4.38
1.54
50.35
1.43
Current Valuation
N/A
N/A
535.95 M
6.15 B
1.84 B
30.56 B
9.4 B
4.48 B
3.04 B
1.79 B
Retained Earnings
N/A
N/A
N/A
665.87 M
214 M
4.13 B
762.59 M
(1.27 B)
(47.06 M)
444 M
Current Asset
N/A
N/A
N/A
N/A
2.05 B
2.47 B
1 B
734.15 M
10.76 M
445 M
Equity Positions Weight
61.63
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Position Weight
14.28
0.1
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Outstanding
N/A
N/A
N/A
56.61 M
99.75 M
154.92 M
128.91 M
471.9 M
24.39 M
20.27 M
Annual Yield
0.021
0.0041
0.0972
N/A
0.11
N/A
0.0115
N/A
N/A
0.0074
Return On Equity
N/A
N/A
0.017
0.15
0.23
0.0685
0.25
0.2
0.77
0.14
Z Score
N/A
N/A
1.0
N/A
2.2
N/A
N/A
N/A
N/A
N/A
Number Of Shares Shorted
N/A
N/A
4.29 K
1.19 M
N/A
15.49 M
1.56 M
43.82 M
3.7 M
296.21 K
Book Value Per Share
N/A
N/A
3.66
25.59
21.3
39.78
18.29
2.54
2.39
26.26
Total Asset
215.11 M
243.16 M
355.28 M
2.6 B
3.88 B
27.52 B
2.52 B
4.94 B
354.89 M
1.84 B
Last Dividend Paid
N/A
0.03
0.73
N/A
1.0
N/A
0.92
N/A
N/A
0.27
Target Price
N/A
N/A
N/A
110.21
N/A
82.22
78.8
6.84
105.33
64.5
Price To Earnings To Growth
N/A
N/A
N/A
0.92
0.38
0.94
1.24
-0.2
3.64
0.35
Earnings Per Share
N/A
N/A
1.17
3.51
4.23
2.66
4.15
0.45
0.7
3.52
Ten Year Return
N/A
4.84
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
51.31 M
10.09 M
225.12 M
102.72 M
791.44 M
183.41 M
46.11 M
45.5 M
Cash Per Share
N/A
N/A
3.23
N/A
2.26
0.36
5.87
0.51
2.18
1.82
Gross Profit
N/A
N/A
74.67 M
N/A
1.9 B
2.8 B
1.58 B
1.84 B
74.69 M
344.6 M
Day Typical Price
11.73
8.96
22.4
101.84
5.35
81.33
80.61
4.01
125.15
38.21
Accumulation Distribution
N/A
N/A
123.25
11652.77
N/A
36570.6
5535.96
0.0319
9855.85
2796.23
Market Facilitation Index
N/A
N/A
0.0
0.0
N/A
0.0
0.0
0.13
0.0
0.0
Daily Balance Of Power
9.2 T
9.2 T
0.6316
0.7854
0.0
0.6644
0.88
0.1538
0.682
0.5476
Period Momentum Indicator
0.05
0.01
0.12
2.05
N/A
0.97
0.66
0.02
4.16
0.46
Rate Of Daily Change
1.0
1.0
1.01
1.02
1.0
1.01
1.01
1.0
1.03
1.01
Day Median Price
11.73
8.96
22.37
101.48
5.35
81.2
80.51
4.01
124.55
38.2
Price Action Indicator
0.025
0.005
0.16
2.12
N/A
0.88
0.64
0.025
3.87
0.27
Relative Strength Index
20.48
4.99
48.61
51.15
N/A
50.74
77.74
30.91
93.73
8.78
Coefficient Of Variation
1576.86
2042.34
957.02
508.08
(3,061)
(11,638)
432.85
(1,801)
392.62
7545.32
Mean Deviation
0.4856
0.1632
0.736
1.6
0.1819
1.44
0.7983
2.83
1.65
1.54
Jensen Alpha
0.0402
(0.0008)
0.1138
0.2522
(0.05)
(0.16)
0.1804
(0.33)
0.545
(0.17)
Total Risk Alpha
(0.05)
(0.03)
(0.04)
0.1453
(0.16)
(0.28)
0.1086
(0.66)
0.2936
(0.27)
Sortino Ratio
(0.11)
(0.20)
0.009
0.147
N/A
N/A
0.1743
N/A
0.3523
(0.05)
Downside Variance
0.3987
0.2328
1.57
5.69
N/A
N/A
0.8724
N/A
2.12
3.01
Standard Deviation
0.6318
0.2858
1.16
2.34
0.9032
1.92
1.18
3.49
2.44
2.25
Kurtosis
0.1097
8.76
5.62
5.42
37.05
0.7686
5.36
(0.69)
8.14
8.18
Potential Upside
1.21
0.3382
2.28
4.01
N/A
4.14
1.57
5.62
5.06
3.89
Treynor Ratio
(0.30)
0.0825
(3.65)
0.2262
(0.31)
(0.02)
0.3187
(0.16)
0.9065
0.0103
Maximum Drawdown
2.8
1.91
7.18
12.96
6.03
8.69
7.23
13.82
14.35
14.45
Variance
0.3991
0.0817
1.34
5.47
0.8159
3.69
1.39
12.15
5.97
5.04
Market Risk Adjusted Performance
(0.29)
0.0925
(3.64)
0.2362
(0.30)
(0.01)
0.3287
(0.15)
0.9165
0.0203
Risk Adjusted Performance
0.0463
0.0207
0.0831
0.1569
(0.02)
(0.0005)
0.1797
(0.03)
0.2011
0.0167
Skewness
0.1403
(1.73)
(0.92)
0.1147
(3.16)
0.5798
1.44
(0.03)
2.01
2.06
Semi Deviation
0.5186
0.2553
1.04
1.87
N/A
N/A
0.624
N/A
0.9504
1.68
Information Ratio
(0.11)
(0.33)
0.0097
0.15
(0.15)
(0.07)
0.1381
(0.09)
0.2099
(0.04)
Value At Risk
(1.02)
(0.33)
(1.15)
(2.46)
N/A
(3.24)
(1.56)
(6.18)
(2.34)
(2.67)
Expected Short fall
(0.59)
(0.24)
(0.83)
(1.69)
N/A
N/A
(0.93)
N/A
(2.12)
(1.73)
Downside Deviation
0.6314
0.4825
1.25
2.39
N/A
N/A
0.934
N/A
1.46
1.73
Semi Variance
0.2689
0.0652
1.09
3.51
N/A
N/A
0.3894
N/A
0.9032
2.81

VelocityShares Competition Performance Charts

Five steps to successful analysis of VelocityShares Competition

VelocityShares' 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 VelocityShares in relation to its competition. VelocityShares' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of VelocityShares 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 VelocityShares' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VelocityShares, 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 VelocityShares position

In addition to having VelocityShares 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 Housewares Thematic Idea Now

Housewares
Housewares Theme
Companies making housewares accessories and providing houseware services. The Housewares theme has 42 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 Housewares 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 metropolitan statistical area.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Other Tools for VelocityShares Etf

When running VelocityShares' price analysis, check to measure VelocityShares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VelocityShares is operating at the current time. Most of VelocityShares' value examination focuses on studying past and present price action to predict the probability of VelocityShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VelocityShares' price. Additionally, you may evaluate how the addition of VelocityShares to your portfolios can decrease your overall portfolio volatility.
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