EUWAX Competitors
| EUX Stock | EUR 49.60 0.40 0.81% |
EUWAX Aktiengesellscha Correlation With Market
Weak diversification
The correlation between EUWAX Aktiengesellschaft and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EUWAX Aktiengesellschaft and DJI in the same portfolio, assuming nothing else is changed.
Moving against EUWAX Stock
At this time, EUWAX Aktiengesellscha's Return On Assets are most likely to slightly decrease in the upcoming years. At this time, EUWAX Aktiengesellscha's Debt To Assets are most likely to increase slightly in the upcoming years. The EUWAX Aktiengesellscha's current Return On Assets is estimated to increase to 0.06, while Net Tangible Assets are projected to decrease to roughly 66.3 M.EUWAX Aktiengesellscha Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between EUWAX Aktiengesellscha and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of EUWAX 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 EUWAX Aktiengesellschaft does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between EUWAX Stock performing well and EUWAX Aktiengesellscha Company 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 EUWAX Aktiengesellscha'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.EUWAX Aktiengesellscha Competitive Analysis
The better you understand EUWAX Aktiengesellscha competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, EUWAX Aktiengesellscha'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 EUWAX Aktiengesellscha'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 |
EUWAX Aktiengesellscha Competition Performance Charts
Five steps to successful analysis of EUWAX Aktiengesellscha Competition
EUWAX Aktiengesellscha'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 EUWAX Aktiengesellschaft in relation to its competition. EUWAX Aktiengesellscha's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of EUWAX Aktiengesellscha 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 EUWAX Aktiengesellscha's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to EUWAX Aktiengesellschaft, 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 EUWAX Aktiengesellscha position
In addition to having EUWAX Aktiengesellscha 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?
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Energy Funds
Funds or Etfs investing in energy sector, natural resources, and ecology. The Energy Funds theme has 39 constituents at this time.
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Other Information on Investing in EUWAX Stock
EUWAX Aktiengesellscha financial ratios help investors to determine whether EUWAX Stock 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 EUWAX with respect to the benefits of owning EUWAX Aktiengesellscha security.