Hodges Blue Competition

HDPBX Fund  USD 28.53  0.01  0.04%   
Hodges Blue Chip competes with Nuveen Multi, Matrix Advisors, Oberweis China, Fidelity Income, and Janus Global; as well as few others. The fund is listed under Large Blend category and is part of Hodges family. Analyzing Hodges Blue 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 Hodges Blue to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Hodges Blue Correlation with its peers.

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

  0.92HSVIX Hodges Small IntrinsicPairCorr
  0.97HDPSX Hodges Small CapPairCorr
  0.99HDPMX Hodges Fund RetailPairCorr
  0.97HDSIX Hodges Small CapPairCorr

Moving against HODGES Mutual Fund

  0.8ERH Allspring Utilities AndPairCorr
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
27.4828.5529.62
Details
Intrinsic
Valuation
LowRealHigh
27.0628.1329.20
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Naive
Forecast
LowNextHigh
27.6428.7129.78
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.9128.3228.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hodges Blue. Your research has to be compared to or analyzed against Hodges Blue's peers to derive any actionable benefits. When done correctly, Hodges Blue's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hodges Blue Chip.

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.

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
HDPBX JMM MADFX OBCHX FIXRX JUCIX JUCSX JUCRX JUCAX JUCNX
 0.04 
 28.53 
HODGES
 0.49 
 6.12 
Nuveen
 0.38 
 37.33 
Matrix
 0.29 
 10.55 
Oberweis
 0.05 
 62.19 
Fidelity
 0.00 
 9.11 
Janus
 0.00 
 9.12 
Janus
 0.00 
 9.12 
Janus
 0.00 
 9.11 
Janus
 0.00 
 9.11 
Janus
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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.
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.

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Artificial Intelligence Theme
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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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