Hodges Blue Competition
| HDPBX Fund | USD 28.53 0.01 0.04% |
Hodges Blue vs Janus Global Correlation
Very poor diversification
The correlation between Hodges Blue Chip and JUCNX is 0.88 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hodges Blue Chip and JUCNX in the same portfolio, assuming nothing else is changed.
Moving together with HODGES Mutual Fund
| 0.92 | HSVIX | Hodges Small Intrinsic | PairCorr |
| 0.97 | HDPSX | Hodges Small Cap | PairCorr |
| 0.99 | HDPMX | Hodges Fund Retail | PairCorr |
| 0.97 | HDSIX | Hodges Small Cap | PairCorr |
Moving against HODGES Mutual Fund
Hodges Blue Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hodges Blue 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 HODGES 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 Hodges Blue Chip does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between HODGES Mutual Fund performing well and Hodges Blue 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 Hodges Blue'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JMM | 0.41 | 0.00 | (0.07) | (0.02) | 0.49 | 0.84 | 2.82 | |||
| MADFX | 0.64 | 0.22 | 0.33 | 0.39 | 0.00 | 1.32 | 7.62 | |||
| OBCHX | 1.00 | 0.05 | 0.03 | 0.12 | 1.03 | 2.30 | 5.47 | |||
| FIXRX | 0.24 | 0.01 | (0.05) | 0.07 | 0.27 | 0.54 | 1.36 | |||
| JUCIX | 0.08 | 0.01 | (0.10) | 0.21 | 0.00 | 0.22 | 1.65 | |||
| JUCSX | 0.07 | 0.01 | (0.08) | 0.22 | 0.00 | 0.33 | 1.76 | |||
| JUCRX | 0.07 | 0.01 | (0.11) | 0.21 | 0.00 | 0.33 | 1.65 | |||
| JUCAX | 0.06 | 0.01 | 0.00 | 0.77 | 0.00 | 0.11 | 1.65 | |||
| JUCNX | 0.08 | 0.01 | (0.10) | 0.26 | 0.00 | 0.33 | 1.65 |
Hodges Blue Competitive Analysis
The better you understand Hodges Blue competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hodges Blue'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 Hodges Blue'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 |
Hodges Blue Competition Performance Charts
Five steps to successful analysis of Hodges Blue Competition
Hodges Blue'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 Hodges Blue Chip in relation to its competition. Hodges Blue's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Hodges Blue 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 Hodges Blue's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hodges Blue Chip, 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 Hodges Blue position
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Artificial Intelligence
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 43 constituents at this time.
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Other Information on Investing in HODGES Mutual Fund
Hodges Blue financial ratios help investors to determine whether HODGES 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 HODGES with respect to the benefits of owning Hodges Blue security.
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