Beta ETF Competition
| ETFBW20ST | 302.70 1.30 0.43% |
Beta |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Beta ETF's 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.
Beta ETF Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Beta ETF 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 Beta 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 Beta ETF WIG20Short does not affect the price movement of the other competitor.
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High positive correlations
| High negative correlations
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Beta ETF Competition Risk-Adjusted Indicators
There is a big difference between Beta Etf performing well and Beta ETF 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 Beta ETF'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.05 | 0.01 | (0.01) | 0.12 | 1.40 | 2.62 | 8.02 | |||
| MSFT | 0.90 | (0.11) | 0.00 | (0.05) | 0.00 | 2.09 | 8.19 | |||
| UBER | 1.56 | (0.16) | 0.00 | (0.06) | 0.00 | 2.53 | 20.10 | |||
| F | 1.39 | (0.12) | (0.03) | 0.02 | 2.20 | 2.53 | 11.72 | |||
| T | 0.92 | 0.26 | 0.15 | 57.17 | 0.86 | 2.56 | 6.47 | |||
| A | 1.12 | (0.13) | 0.00 | (0.16) | 0.00 | 2.29 | 9.02 | |||
| CRM | 1.28 | 0.27 | 0.23 | 0.33 | 0.92 | 3.18 | 9.09 | |||
| JPM | 1.11 | 0.03 | 0.07 | 0.12 | 1.44 | 2.05 | 15.87 | |||
| MRK | 0.85 | (0.24) | 0.00 | (1.03) | 0.00 | 1.73 | 4.89 | |||
| XOM | 1.04 | 0.06 | 0.01 | 0.20 | 1.20 | 2.14 | 5.78 |
Beta ETF Competitive Analysis
The better you understand Beta ETF competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Beta ETF'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 Beta ETF'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 |
Beta ETF Competition Performance Charts
Five steps to successful analysis of Beta ETF Competition
Beta ETF'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 Beta ETF WIG20Short in relation to its competition. Beta ETF's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Beta ETF 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 Beta ETF's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Beta ETF WIG20Short, 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 Beta ETF position
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Apparel
Companies manufacturing textile accessories and apparel products. The Apparel theme has 43 constituents at this time.
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