VanEck Video Competition
| ESPO Etf | USD 97.49 3.24 3.22% |
VanEck Video vs Nuveen ESG Correlation
Excellent diversification
The correlation between VanEck Video Gaming and NUMV is -0.65 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VanEck Video Gaming and NUMV in the same portfolio, assuming nothing else is changed.
Moving against VanEck Etf
VanEck Video Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VanEck Video 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 VanEck 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 VanEck Video Gaming does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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VanEck Video Constituents Risk-Adjusted Indicators
There is a big difference between VanEck Etf performing well and VanEck Video 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 VanEck Video'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FMAT | 0.83 | 0.13 | 0.13 | 0.17 | 0.74 | 1.97 | 4.75 | |||
| NXTG | 0.73 | 0.01 | 0.00 | 0.06 | 1.03 | 1.54 | 3.84 | |||
| DFEB | 0.19 | 0.02 | (0.04) | 0.11 | 0.22 | 0.54 | 1.59 | |||
| DJUL | 0.20 | 0.00 | (0.11) | 0.05 | 0.21 | 0.43 | 1.61 | |||
| WWJD | 0.53 | 0.09 | 0.06 | 3.88 | 0.58 | 1.15 | 2.39 | |||
| GMF | 0.64 | 0.01 | (0.04) | 0.13 | 0.74 | 1.51 | 4.57 | |||
| EMQQ | 0.85 | (0.20) | 0.00 | (1.08) | 0.00 | 1.77 | 4.41 | |||
| GVIP | 0.85 | 0.02 | 0.01 | 0.06 | 1.12 | 1.87 | 5.02 | |||
| GMAR | 0.12 | 0.01 | (0.14) | 0.12 | 0.00 | 0.30 | 0.89 | |||
| NUMV | 0.59 | 0.05 | 0.05 | 0.10 | 0.60 | 1.46 | 3.84 |
VanEck Video Competitive Analysis
The better you understand VanEck Video competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VanEck Video'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 VanEck Video'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 |
VanEck Video Competition Performance Charts
Five steps to successful analysis of VanEck Video Competition
VanEck Video'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 VanEck Video Gaming in relation to its competition. VanEck Video's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of VanEck Video 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 VanEck Video's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VanEck Video Gaming, 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 VanEck Video position
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Check out VanEck Video 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.
The market value of VanEck Video Gaming is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Video's value that differs from its market value or its book value, called intrinsic value, which is VanEck Video's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because VanEck Video's market value can be influenced by many factors that don't directly affect VanEck Video's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between VanEck Video's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding VanEck Video should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, VanEck Video's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.