Fisher Investments Competition

IAFEX Fund

USD 12.37 0.09 0.73%

Fisher All Foreign competes with Victory High, Calvert High, California High-yield, Alliancebernstein, and Pioneer High; as well as few others. The fund is listed under Foreign Large Growth category and is part of Fisher Investments family. Analyzing Fisher Investments 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 Fisher Investments to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Fisher Investments Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Fisher Investments competition on your existing holdings.

Specify up to 10 symbols:

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fisher Investments' 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.

Hype

Prediction

Low	Estimated	High
11.43	12.37	13.31

Details

Intrinsic

Valuation

Low	Real	High
11.53	12.47	13.41

Details

Fisher Investments Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Fisher Investments 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 Fisher 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 Fisher All Foreign does not affect the price movement of the other competitor.

	RSHMX	CYBAX	BCHIX	AWF	HIMYX	AGDAX	SGYAX
RSHMX		0.5	0.96	0.61	0.95	0.36	0.1	RSHMX
CYBAX	0.5		0.46	0.24	0.57	0.94	0.78	CYBAX
BCHIX	0.96	0.46		0.65	0.95	0.35	0.13	BCHIX
AWF	0.61	0.24	0.65		0.66	0.17	-0.05	AWF
HIMYX	0.95	0.57	0.95	0.66		0.48	0.24	HIMYX
AGDAX	0.36	0.94	0.35	0.17	0.48		0.91	AGDAX
SGYAX	0.1	0.78	0.13	-0.05	0.24	0.91		SGYAX
	RSHMX	CYBAX	BCHIX	AWF	HIMYX	AGDAX	SGYAX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

High positive correlations

BCHIX	+ 0.96	RSHMX
HIMYX	+ 0.95	RSHMX
HIMYX	+ 0.95	BCHIX
AGDAX	+ 0.94	CYBAX
SGYAX	+ 0.91	AGDAX
SGYAX	+ 0.78	CYBAX

High negative correlations

SGYAX

- 0.05

AWF

Risk-Adjusted Indicators

There is a big difference between Fisher Mutual Fund performing well and Fisher Investments 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 Fisher Investments' 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
RSHMX	0.25	0.03	(0.21)	(0.12)	0.36	(0.28)	0.53	(0.52)	1.98
CYBAX	0.10	0.01	(0.85)	(2.24)	0.00	(0.13)	0.24	(0.16)	0.73
BCHIX	0.16	0.02	(0.26)	(0.08)	0.22	(0.23)	0.41	(0.40)	1.53
AWF	0.33	0.00	(0.26)	0.07	0.38	(0.39)	0.73	(0.74)	1.91
HIMYX	0.15	0.02	(0.28)	(0.05)	0.17	(0.30)	0.33	(0.32)	1.47
AGDAX	0.12	0.02	(0.45)	(1.63)	0.00	(0.23)	0.29	(0.28)	0.87
SGYAX	0.14	0.02	(0.47)	0.45	0.00	(0.25)	0.28	(0.14)	1.28

Unable to evaluate fundamental data of [RSHMX, CYBAX, BCHIX, AWF, HIMYX, AGDAX, SGYAX] at this time. Please try again later

All Fundamental Data

Fisher Investments Competitive Analysis

The better you understand Fisher Investments competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Fisher Investments' 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 Fisher Investments' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	IAFEX	RSHMX	CYBAX	BCHIX	AWF	HIMYX	AGDAX	SGYAX
	0.73 12.37 Fisher	0.20 9.80 VICTORY	0.20 24.90 Calvert	0.10 9.91 California	0.18 10.90 Alliancebernstein	0.32 6.20 PIONEER	0.14 7.02 AGDAX	0.14 7.17 Siit
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Modest	OK	Modest	Very Weak	Insignificant	Good	Solid
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Over Valued	Fairly Valued	Over Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Sell	Strong Sell	Sell	Cautious Hold	Sell	Strong Sell	Strong Sell
Net Asset	190.69 K	51.34 M	433.38 M	1.22 B	N/A	1.41 B	3.03 B	2.94 B
Minimum Initial Investment	N/A	N/A	N/A	5 M	N/A	5 M	N/A	100 K
Price To Book	N/A	N/A	N/A	N/A	0.84 X	N/A	0.37 X	0.40 X
Five Year Return	N/A	2.20 %	3.11 %	1.47 %	4.28 %	0.82 %	3.86 %	5.76 %
Last Dividend Paid	0.04	0.03	0.09	0.03	0.79	0.02	0.04	0.05
One Year Return	N/A	13.74 %	11.33 %	9.53 %	14.64 %	10.28 %	13.68 %	13.77 %
Price To Earning	N/A	N/A	N/A	N/A	333.33 X	N/A	53.85 X	11.94 X
Beta	N/A	N/A	N/A	N/A	0.72	N/A	N/A	N/A
Price To Sales	N/A	N/A	N/A	N/A	13.79 X	N/A	0.81 X	0.24 X
Cash Position Weight	0.81 %	1.55 %	2.58 %	0.12 %	N/A	4.63 %	(27.04) %	1.94 %
Equity Positions Weight	99.19 %	N/A	0.61 %	N/A	N/A	N/A	1.77 %	1.75 %
Three Year Return	N/A	0.02 %	2.12 %	(0.32) %	3.59 %	(1.42) %	3.11 %	3.56 %
Annual Yield	0.01 %	0 %	0.05 %	0 %	0.01 %	0 %	0.07 %	0.10 %
Year To Date Return	N/A	8.24 %	6.91 %	4.66 %	8.75 %	4.82 %	8.24 %	9.13 %
Bond Positions Weight	N/A	0.08 %	13.33 %	99.88 %	N/A	95.36 %	25.58 %	93.61 %
Ten Year Return	N/A	4.26 %	5.83 %	5.29 %	N/A	4.81 %	5.45 %	6.50 %
Day Typical Price	12.37	9.8	24.9	9.91	10.9	6.2	7.02	7.17
Accumulation Distribution	N/A	N/A	N/A	N/A	1100.22	N/A	N/A	N/A
Daily Balance Of Power	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T	(0.29)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)
Period Momentum Indicator	0.09	0.02	(0.05)	0.01	(0.02)	0.02	(0.01)	(0.01)
Rate Of Daily Change	1.01	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	12.37	9.8	24.9	9.91	10.91	6.2	7.02	7.17
Price Action Indicator	0.045	0.01	(0.03)	0.005	(0.01)	0.01	(0.01)	(0.01)
Coefficient Of Variation	(1,234)	1485.68	675.87	1525.7	2819.5	1678.31	511.92	496.14
Mean Deviation	0.7078	0.2485	0.1002	0.1596	0.3284	0.1453	0.116	0.1382
Jensen Alpha	(0.14)	0.0309	0.0109	0.0187	(0)	0.0185	0.0245	0.0244
Total Risk Alpha	(0.23)	(0.04)	(0.01)	(0.03)	(0.06)	(0.03)	(0)	(0.0001)
Sortino Ratio	N/A	(0.21)	(0.85)	(0.26)	(0.26)	(0.28)	(0.45)	(0.47)
Downside Variance	N/A	0.2483	0.0163	0.1791	0.1895	0.1603	0.0443	0.0329
Standard Deviation	0.933	0.3821	0.1373	0.2635	0.4172	0.2534	0.1683	0.2135
Kurtosis	1.04	4.54	1.63	6.83	0.0946	8.51	2.45	8.21
Potential Upside	1.69	0.5252	0.2442	0.4057	0.7326	0.3273	0.2878	0.2833
Treynor Ratio	(0.19)	(0.12)	(2.24)	(0.08)	0.075	(0.05)	(1.63)	0.4532
Maximum Drawdown	4.85	1.98	0.727	1.53	1.91	1.47	0.8659	1.28
Variance	0.8705	0.146	0.0188	0.0695	0.1741	0.0642	0.0283	0.0456
Market Risk Adjusted Performance	(0.18)	(0.11)	(2.23)	(0.07)	0.085	(0.04)	(1.62)	0.4632
Risk Adjusted Performance	(0.06)	0.0414	0.0674	0.0311	0.0188	0.0254	0.1139	0.1282
Skewness	0.4643	(0.84)	0.7018	(1.55)	(0.31)	(0.61)	0.9717	2.3
Semi Deviation	N/A	0.3626	0.0	0.2224	0.3777	0.1673	0.0	0.0
Information Ratio	(0.22)	(0.27)	(0.79)	(0.42)	(0.27)	(0.45)	(0.57)	(0.40)
Value At Risk	(1.52)	(0.52)	(0.16)	(0.40)	(0.74)	(0.32)	(0.28)	(0.14)
Expected Short fall	N/A	(0.28)	(0.13)	(0.23)	(0.39)	(0.30)	(0.23)	(0.25)
Downside Deviation	N/A	0.4983	0.1277	0.4232	0.4353	0.4003	0.2105	0.1813
Semi Variance	N/A	0.1315	(0.01)	0.0495	0.1427	0.028	(0.02)	(0.03)

Fisher Investments Competition Performance Charts

Five steps to successful analysis of Fisher Investments Competition

Fisher Investments' 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 Fisher All Foreign in relation to its competition. Fisher Investments' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Fisher Investments 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 Fisher Investments' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Fisher All Foreign, 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.

Complement your Fisher Investments position

In addition to having Fisher Investments 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 ESG Investing Thematic Idea Now

ESG Investing

Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 51 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 ESG Investing Theme or any other thematic opportunities.

View All Next

Launch

Other Information on Investing in Fisher Mutual Fund

Fisher Investments financial ratios help investors to determine whether Fisher 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 Fisher with respect to the benefits of owning Fisher Investments security.

	Global Correlations Find global opportunities by holding instruments from different markets
	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC