HYB Competition
| HYB Etf | USD 8.20 0.00 0.00% |
HYB vs Pimco California Correlation
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HYB'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.
HYB Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between HYB 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 HYB 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 HYB does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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HYB Competition Risk-Adjusted Indicators
There is a big difference between HYB Etf performing well and HYB 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 HYB'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.60 | 0.02 | 0.00 | (0.36) | 2.40 | 3.43 | 13.02 | |||
| MSFT | 1.23 | (0.32) | 0.00 | (1.41) | 0.00 | 1.85 | 13.28 | |||
| UBER | 1.46 | (0.30) | 0.00 | (0.36) | 0.00 | 2.46 | 10.23 | |||
| F | 1.28 | 0.03 | 0.00 | 0.26 | 1.46 | 3.38 | 7.16 | |||
| T | 0.96 | 0.05 | 0.02 | 0.23 | 1.04 | 1.85 | 3.77 | |||
| A | 1.19 | (0.17) | 0.00 | (0.37) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.54 | (0.30) | 0.00 | (0.25) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.09 | (0.03) | (0.01) | 0.01 | 1.67 | 1.88 | 7.38 | |||
| MRK | 1.28 | 0.33 | 0.24 | 0.50 | 1.13 | 3.59 | 8.09 | |||
| XOM | 1.08 | 0.31 | 0.23 | 3.83 | 0.95 | 2.38 | 5.82 |
HYB Competitive Analysis
The better you understand HYB competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, HYB'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 HYB'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 |
| HYB | PCK | |
| 0.00 8.20 HYB | 0.00 5.90 Pimco | Market Volatility (90 Days Market Risk) |
| Market Performance (90 Days Performance) | ||
| Odds of Financial Distress (Probability Of Bankruptcy) | ||
| Current Valuation (Equity Enterprise Value) | ||
| Buy or Sell Advice (Average Analysts Consensus) | ||
Trade Advice (90 Days Macroaxis Advice) | ||
| Net Asset | ||
| Minimum Initial Investment | ||
| Price To Book | ||
| Five Year Return | ||
| One Year Return | ||
| Last Dividend Paid | ||
| Price To Earning | ||
| Beta | ||
| Price To Sales | ||
| Cash Position Weight | ||
| Equity Positions Weight | ||
| Three Year Return | ||
| Annual Yield | ||
| Year To Date Return | ||
| Ten Year Return | ||
| Day Typical Price | ||
| Rate Of Daily Change | ||
| Day Median Price | ||
| Relative Strength Index | ||
| Coefficient Of Variation | ||
| Mean Deviation | ||
| Jensen Alpha | ||
| Total Risk Alpha | ||
| Sortino Ratio | ||
| Downside Variance | ||
| Standard Deviation | ||
| Kurtosis | ||
| Potential Upside | ||
| Treynor Ratio | ||
| Maximum Drawdown | ||
| Variance | ||
| Market Risk Adjusted Performance | ||
| Risk Adjusted Performance | ||
| Skewness | ||
| Semi Deviation | ||
| Information Ratio | ||
| Value At Risk | ||
| Expected Short fall | ||
| Downside Deviation | ||
| Semi Variance |
HYB Competition Performance Charts
Five steps to successful analysis of HYB Competition
HYB'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 HYB in relation to its competition. HYB's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of HYB 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 HYB's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to HYB, 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 HYB position
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Impulse
Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 39 constituents at this time.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in services. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of HYB is measured differently than its book value, which is the value of HYB that is recorded on the company's balance sheet. Investors also form their own opinion of HYB's value that differs from its market value or its book value, called intrinsic value, which is HYB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HYB's market value can be influenced by many factors that don't directly affect HYB'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 HYB's value and its price as these two are different measures arrived at by different means. Investors typically determine if HYB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, HYB's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.