Financial Industries Competition

FIDCX Fund

USD 17.98 0.01 0.06%

Financial Industries competes with James Balanced:, International Investors, International Investors, Invesco Gold, and Franklin Gold; as well as few others. The fund is listed under Financial category and is part of John Hancock family. Analyzing Financial Industries 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 Financial Industries to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Financial Industries Correlation with its peers.

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 Financial Industries competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Financial Industries' 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.

Hype

Prediction

Low	Estimated	High
16.66	17.98	19.30

Details

Intrinsic

Valuation

Low	Real	High
17.65	18.97	20.29

Details

Financial Industries Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Financial Industries and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Financial 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 Financial Industries does not affect the price movement of the other competitor.

	GLRBX	IIGCX	INIVX	IOGYX	FRGOX	USERX	VGSBX
GLRBX		0.41	0.42	0.52	0.41	0.41	-0.27	GLRBX
IIGCX	0.41		1.0	0.98	0.99	0.98	-0.19	IIGCX
INIVX	0.42	1.0		0.98	0.99	0.98	-0.2	INIVX
IOGYX	0.52	0.98	0.98		0.98	0.98	-0.18	IOGYX
FRGOX	0.41	0.99	0.99	0.98		0.99	-0.14	FRGOX
USERX	0.41	0.98	0.98	0.98	0.99		-0.11	USERX
VGSBX	-0.27	-0.19	-0.2	-0.18	-0.14	-0.11		VGSBX
	GLRBX	IIGCX	INIVX	IOGYX	FRGOX	USERX	VGSBX

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High positive correlations

INIVX	+ 1.0	IIGCX
FRGOX	+ 0.99	IIGCX
FRGOX	+ 0.99	INIVX
USERX	+ 0.99	FRGOX
IOGYX	+ 0.98	IIGCX
USERX	+ 0.98	IIGCX

High negative correlations

VGSBX	- 0.27	GLRBX
VGSBX	- 0.2	INIVX
VGSBX	- 0.19	IIGCX
VGSBX	- 0.18	IOGYX
VGSBX	- 0.14	FRGOX
VGSBX	- 0.11	USERX

Risk-Adjusted Indicators

There is a big difference between Financial Mutual Fund performing well and Financial Industries Mutual Fund 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 Financial Industries' 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
GLRBX	0.31	(0.03)	(0.22)	0.07	0.37	(0.32)	0.61	(0.70)	1.88
IIGCX	1.37	0.01	(0.04)	0.19	1.77	(1.43)	2.67	(2.70)	9.76
INIVX	1.38	0.02	(0.04)	0.22	1.78	(1.44)	2.66	(2.74)	9.92
IOGYX	1.42	0.01	(0.03)	0.16	1.69	(1.50)	2.72	(2.81)	8.64
FRGOX	1.47	(0.02)	(0.05)	0.08	1.84	(1.51)	3.13	(3.01)	9.03
USERX	1.40	0.01	(0.05)	0.16	1.86	(1.40)	3.05	(2.74)	10.13
VGSBX	0.29	(0.01)	0.00	0.19	0.00	0.00	0.65	(0.64)	1.71

Unable to evaluate fundamental data of [GLRBX, IIGCX, INIVX, IOGYX, FRGOX, USERX, VGSBX] at this time. Please try again later

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Financial Industries Competitive Analysis

The better you understand Financial Industries competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Financial Industries' 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 Financial Industries' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	FIDCX	GLRBX	IIGCX	INIVX	IOGYX	FRGOX	USERX	VGSBX
	0.06 17.98 Financial	0.47 23.28 James	0.83 9.77 INTERNATIONAL	0.92 12.07 International	0.71 28.54 Invesco	1.08 18.67 Franklin	0.56 12.62 Gold	0.43 9.43 VGSBX
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Not too volatile	Not too volatile	Very steady	Very steady	Not too volatile	Very steady
Market Performance (90 Days Performance)	Good	OK	Insignificant	Modest	Modest	Insignificant	Insignificant	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Strong Buy	Strong Hold	Hold	Buy	Strong Hold	Strong Hold	Hold
Net Asset	886.64 M	432.58 M	716.9 M	716.9 M	1.11 B	987.03 M	99.89 M	209.6 M
Minimum Initial Investment	N/A	N/A	N/A	N/A	N/A	N/A	5 K	N/A
Price To Book	1.14 X	2.01 X	1.28 X	1.61 X	N/A	1.28 X	1.55 X	N/A
Five Year Return	10.31 %	5.13 %	9.49 %	9.96 %	10.53 %	9.07 %	9.38 %	2.59 %
One Year Return	48.76 %	17.84 %	35.19 %	31.42 %	28.79 %	37.82 %	43.34 %	6.90 %
Last Dividend Paid	N/A	0.04	1.43	1.5	0.57	2.32	0.36	0.19
Price To Earning	1.67 X	13.88 X	19.71 X	28.55 X	N/A	18.89 X	17.69 X	N/A
Price To Sales	2.48 X	0.84 X	2.66 X	3.25 X	N/A	1.20 X	2.10 X	N/A
Cash Position Weight	0.20 %	5.97 %	0.31 %	0.31 %	1.54 %	0.37 %	1.14 %	13.49 %
Equity Positions Weight	99.80 %	42.32 %	99.68 %	99.68 %	98.26 %	99.41 %	95.04 %	N/A
Three Year Return	5.81 %	3.51 %	3.99 %	5.11 %	4.02 %	(1.11) %	1.17 %	(1.48) %
Annual Yield	0.01 %	0.01 %	N/A	0.0008 %	0.01 %	0.02 %	N/A	0.02 %
Year To Date Return	37.91 %	13.38 %	25.16 %	22.38 %	24.57 %	26.13 %	29.42 %	2.77 %
Bond Positions Weight	N/A	0.75 %	N/A	N/A	N/A	N/A	3.73 %	81.42 %
Ten Year Return	7.39 %	4.76 %	(2.31) %	(1.56) %	(2.05) %	(4.33) %	(1.54) %	N/A
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T
Day Typical Price	17.98	23.28	9.77	12.07	28.54	18.67	12.62	9.43
Period Momentum Indicator	0.01	0.11	0.08	0.11	0.2	0.2	0.07	0.04
Rate Of Daily Change	1.0	1.0	1.01	1.01	1.01	1.01	1.01	1.0
Day Median Price	17.98	23.28	9.77	12.07	28.54	18.67	12.62	9.43
Price Action Indicator	0.005	0.055	0.04	0.055	0.1	0.1	0.035	0.02
Coefficient Of Variation	510.1	1022.89	3337.62	3096.45	2317.01	4460.7	4137.91	(3,621)
Mean Deviation	0.8574	0.3099	1.37	1.38	1.42	1.47	1.4	0.2851
Jensen Alpha	0.0603	(0.03)	0.0147	0.0204	0.0147	(0.02)	0.0078	(0.01)
Total Risk Alpha	0.0283	(0.04)	(0.25)	(0.25)	(0.23)	(0.28)	(0.27)	(0.08)
Sortino Ratio	0.1361	(0.22)	(0.04)	(0.04)	(0.03)	(0.05)	(0.05)	N/A
Downside Variance	0.7847	0.1943	3.64	3.55	3.11	3.52	3.9	N/A
Standard Deviation	1.32	0.4062	1.78	1.79	1.8	1.84	1.85	0.38
Kurtosis	14.55	0.9224	0.6909	0.7441	0.051	0.1215	0.7855	0.7277
Potential Upside	1.89	0.609	2.67	2.66	2.72	3.13	3.05	0.6486
Treynor Ratio	0.1685	0.0688	0.1929	0.2223	0.1631	0.0769	0.1645	0.188
Maximum Drawdown	9.68	1.88	9.76	9.92	8.64	9.03	10.13	1.71
Variance	1.73	0.165	3.16	3.2	3.24	3.37	3.44	0.1444
Market Risk Adjusted Performance	0.1785	0.0788	0.2029	0.2323	0.1731	0.0869	0.1745	0.198
Risk Adjusted Performance	0.1541	0.0659	0.0286	0.0304	0.0387	0.023	0.0244	(0.03)
Skewness	2.72	(0.52)	(0.13)	(0.13)	0.0711	(0.08)	(0.04)	0.0804
Semi Deviation	0.5586	0.3739	1.77	1.78	1.69	1.84	1.86	N/A
Information Ratio	0.0915	(0.24)	(0.05)	(0.04)	(0.03)	(0.05)	(0.05)	(0.39)
Value At Risk	(1.29)	(0.70)	(2.70)	(2.74)	(2.81)	(3.01)	(2.74)	(0.64)
Expected Short fall	(1.01)	(0.32)	(1.43)	(1.44)	(1.50)	(1.51)	(1.40)	N/A
Downside Deviation	0.8858	0.4408	1.91	1.88	1.76	1.88	1.97	N/A
Semi Variance	0.312	0.1398	3.13	3.16	2.85	3.37	3.48	N/A

Financial Industries Competition Performance Charts

Five steps to successful analysis of Financial Industries Competition

Financial Industries' 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 Financial Industries in relation to its competition. Financial Industries' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Financial Industries 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 Financial Industries' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Financial Industries, 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 Financial Industries position

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Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact. The SRI Sustainable Growth theme has 47 constituents at this time.

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Other Information on Investing in Financial Mutual Fund

Financial Industries financial ratios help investors to determine whether Financial Mutual Fund 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 Financial with respect to the benefits of owning Financial Industries security.

	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
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