Intelligent Alpha Competition
| GPT Etf | USD 31.11 1.43 4.82% |
Intelligent Alpha vs Strategy Shares Correlation
Poor diversification
The correlation between Intelligent Alpha Atlas and ELCV is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Intelligent Alpha Atlas and ELCV in the same portfolio, assuming nothing else is changed.
Moving together with Intelligent Etf
| 0.82 | VT | Vanguard Total World | PairCorr |
| 0.84 | ACWI | iShares MSCI ACWI | PairCorr |
| 0.83 | IOO | iShares Global 100 | PairCorr |
| 0.82 | URTH | iShares MSCI World | PairCorr |
Moving against Intelligent Etf
| 0.51 | FNGU | MicroSectors FANG Index Symbol Change | PairCorr |
Intelligent Alpha Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Intelligent Alpha 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 Intelligent 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 Intelligent Alpha Atlas does not affect the price movement of the other competitor.
| 0.96 | 0.87 | 0.99 | 0.95 | 0.84 | 0.91 | MVV | ||
| 0.96 | 0.88 | 0.95 | 0.98 | 0.92 | 0.95 | EVUS | ||
| 0.87 | 0.88 | 0.85 | 0.89 | 0.79 | 0.73 | PY | ||
| 0.99 | 0.95 | 0.85 | 0.94 | 0.84 | 0.9 | GSC | ||
| 0.95 | 0.98 | 0.89 | 0.94 | 0.87 | 0.9 | IQSZ | ||
| 0.84 | 0.92 | 0.79 | 0.84 | 0.87 | 0.92 | QLV | ||
| 0.91 | 0.95 | 0.73 | 0.9 | 0.9 | 0.92 | ELCV | ||
Intelligent Alpha Constituents Risk-Adjusted Indicators
There is a big difference between Intelligent Etf performing well and Intelligent Alpha 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 Intelligent Alpha'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MVV | 1.50 | 0.13 | 0.13 | 0.14 | 1.47 | 3.83 | 7.51 | |||
| EVUS | 0.55 | 0.06 | 0.07 | 0.16 | 0.48 | 1.45 | 3.05 | |||
| PY | 0.50 | 0.02 | (0.01) | 0.11 | 0.52 | 1.24 | 3.31 | |||
| GSC | 0.93 | 0.08 | 0.10 | 0.15 | 0.83 | 2.10 | 4.87 | |||
| IQSZ | 0.65 | 0.03 | 0.01 | 0.11 | 0.77 | 1.28 | 3.47 | |||
| QLV | 0.36 | 0.03 | (0.01) | 0.15 | 0.30 | 0.94 | 2.24 | |||
| ELCV | 0.60 | 0.08 | 0.07 | 0.19 | 0.57 | 1.13 | 3.08 |
Intelligent Alpha Competitive Analysis
The better you understand Intelligent Alpha competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Intelligent Alpha'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 Intelligent Alpha'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 |
Intelligent Alpha Competition Performance Charts
Five steps to successful analysis of Intelligent Alpha Competition
Intelligent Alpha'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 Intelligent Alpha Atlas in relation to its competition. Intelligent Alpha's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Intelligent Alpha 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 Intelligent Alpha's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Intelligent Alpha Atlas, 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 Intelligent Alpha position
In addition to having Intelligent Alpha 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 Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 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 Alternative Energy Theme or any other thematic opportunities.
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Check out Intelligent Alpha Correlation with its peers. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Intelligent Alpha Atlas is measured differently than its book value, which is the value of Intelligent that is recorded on the company's balance sheet. Investors also form their own opinion of Intelligent Alpha's value that differs from its market value or its book value, called intrinsic value, which is Intelligent Alpha's true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Intelligent Alpha's market value can be influenced by many factors that don't directly affect Intelligent Alpha's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intelligent Alpha's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intelligent Alpha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Intelligent Alpha's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.