IShares Edge Competition
| IGEB Etf | USD 46.06 0.13 0.28% |
IShares Edge vs IShares BBB Correlation
Almost no diversification
The correlation between iShares Edge Investment and LQDB is 0.98 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares Edge Investment and LQDB in the same portfolio, assuming nothing else is changed.
Moving together with IShares Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Edge'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.
IShares Edge Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between IShares Edge 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 IShares 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 iShares Edge Investment does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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IShares Edge Competition Risk-Adjusted Indicators
There is a big difference between IShares Etf performing well and IShares Edge 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 IShares Edge'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 | 1.51 | 0.00 | (0.02) | 0.06 | 1.53 | 3.43 | 13.69 | |||
| MSFT | 1.32 | (0.36) | 0.00 | (0.92) | 0.00 | 1.90 | 13.28 | |||
| UBER | 1.50 | (0.46) | 0.00 | (0.90) | 0.00 | 2.41 | 11.09 | |||
| F | 1.22 | 0.07 | 0.05 | 0.14 | 1.20 | 3.34 | 7.16 | |||
| T | 1.02 | 0.23 | 0.17 | 3.71 | 0.77 | 3.87 | 5.31 | |||
| A | 1.27 | (0.30) | 0.00 | (0.17) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.68 | (0.41) | 0.00 | (0.35) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.26 | (0.15) | 0.00 | (0.04) | 0.00 | 2.34 | 7.38 | |||
| MRK | 1.35 | 0.49 | 0.35 | 0.77 | 0.97 | 3.59 | 8.74 | |||
| XOM | 1.24 | 0.36 | 0.22 | 1.65 | 1.11 | 2.68 | 6.83 |
IShares Edge Competitive Analysis
The better you understand IShares Edge competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, IShares Edge'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 IShares Edge'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 |
IShares Edge Competition Performance Charts
Five steps to successful analysis of IShares Edge Competition
IShares Edge'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 iShares Edge Investment in relation to its competition. IShares Edge's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of IShares Edge 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 IShares Edge's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to iShares Edge Investment, 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 IShares Edge position
In addition to having IShares Edge 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 Toys Thematic Idea Now
Toys
Companies producing and distributing toys and different gaming products for kids. The Toys theme has 38 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 Toys Theme or any other thematic opportunities.
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Check out IShares Edge Correlation with its peers. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Investors evaluate iShares Edge Investment using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating IShares Edge's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause IShares Edge's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between IShares Edge's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Edge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, IShares Edge's market price signifies the transaction level at which participants voluntarily complete trades.