GlacierShares Nasdaq Competition
| GLCR Etf | 28.37 0.56 2.01% |
GlacierShares Nasdaq vs Global X Correlation
Poor diversification
The correlation between GlacierShares Nasdaq Iceland and CHRI is 0.69 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GlacierShares Nasdaq Iceland and CHRI in the same portfolio, assuming nothing else is changed.
Moving together with GlacierShares Etf
| 0.93 | BBCA | JPMorgan BetaBuilders | PairCorr |
| 0.93 | EWC | iShares MSCI Canada | PairCorr |
| 0.95 | EWU | iShares MSCI United | PairCorr |
| 0.88 | EWY | iShares MSCI South | PairCorr |
| 0.87 | EWA | iShares MSCI Australia | PairCorr |
Moving against GlacierShares Etf
| 0.81 | FNGU | MicroSectors FANG Index Symbol Change | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GlacierShares Nasdaq'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.
GlacierShares Nasdaq Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between GlacierShares Nasdaq 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 GlacierShares 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 GlacierShares Nasdaq does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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GlacierShares Nasdaq Constituents Risk-Adjusted Indicators
There is a big difference between GlacierShares Etf performing well and GlacierShares Nasdaq 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 GlacierShares Nasdaq'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FLYD | 3.49 | 0.17 | 0.00 | 0.04 | 0.00 | 7.95 | 20.43 | |||
| MEME | 3.90 | (0.36) | 0.00 | (0.06) | 0.00 | 8.79 | 21.24 | |||
| SHPP | 0.66 | 0.11 | 0.11 | 0.22 | 0.62 | 1.51 | 3.61 | |||
| ZYN | 2.38 | (0.37) | 0.00 | (1.10) | 0.00 | 5.04 | 12.94 | |||
| AALG | 4.38 | 0.13 | 0.06 | 0.11 | 5.01 | 8.72 | 26.32 | |||
| HFSP | 0.96 | (0.15) | 0.00 | 4.96 | 0.00 | 1.63 | 5.58 | |||
| AZYY | 1.19 | (0.35) | 0.00 | (0.40) | 0.00 | 1.70 | 6.67 | |||
| YNOT | 1.15 | (0.18) | 0.00 | (0.09) | 0.00 | 1.84 | 7.28 | |||
| CHRI | 0.59 | (0.06) | (0.09) | 0.00 | 0.84 | 1.18 | 3.77 |
GlacierShares Nasdaq Competitive Analysis
The better you understand GlacierShares Nasdaq competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, GlacierShares Nasdaq'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 GlacierShares Nasdaq'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 |
GlacierShares Nasdaq Competition Performance Charts
Five steps to successful analysis of GlacierShares Nasdaq Competition
GlacierShares Nasdaq'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 GlacierShares Nasdaq in relation to its competition. GlacierShares Nasdaq's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of GlacierShares Nasdaq 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 GlacierShares Nasdaq's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to GlacierShares Nasdaq, 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 GlacierShares Nasdaq position
In addition to having GlacierShares Nasdaq 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 Communication Services Thematic Idea Now
Communication Services
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 47 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 Communication Services Theme or any other thematic opportunities.
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Check out GlacierShares Nasdaq Correlation with its peers. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Understanding GlacierShares Nasdaq requires distinguishing between market price and book value, where the latter reflects GlacierShares's accounting equity. The concept of intrinsic value - what GlacierShares Nasdaq's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push GlacierShares Nasdaq's price substantially above or below its fundamental value.
Please note, there is a significant difference between GlacierShares Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if GlacierShares Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, GlacierShares Nasdaq's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.