IRIDIUM FUNDO Competition

Funds . Brazil . 
Fund . IRIDIUM FUNDO DE
IRIM11 Fund   67.05  0.56  0.83%   
IRIDIUM FUNDO DE competes with BTG Pactual, Plano Plano, Companhia Habitasul, Procter Gamble, and Telefonaktiebolaget; as well as few others. Analyzing IRIDIUM FUNDO 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 IRIDIUM FUNDO to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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 IRIDIUM FUNDO competition on your existing holdings.
  

IRIDIUM FUNDO Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between IRIDIUM FUNDO 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 IRIDIUM 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 IRIDIUM FUNDO DE does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
HBTS5
+ 0.81
BTLG11
BEWZ39
+ 0.81
E1RI34
E1RI34
+ 0.79
PLPL3
BEWZ39
+ 0.75
PLPL3
SUZB3
+ 0.75
C1AB34
SUZB3
+ 0.74
E1RI34
  
High negative correlations   
HBTS5
- 0.83
PLPL3
E1RI34
- 0.81
BTLG11
BEWZ39
- 0.79
HBTS5
PLPL3
- 0.79
BTLG11
E1RI34
- 0.77
HBTS5
BEWZ39
- 0.77
BTLG11

Risk-Adjusted Indicators

There is a big difference between IRIDIUM Fund performing well and IRIDIUM FUNDO 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 IRIDIUM FUNDO'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
BTLG11  0.52 (0.09) 0.00 (1.19) 0.00 
 0.00 
 0.98 
(1.29)
 4.73 
PLPL3  1.74  0.09  0.00  0.43  1.86 
(1.99)
 3.98 
(3.23)
 8.69 
HBTS5  1.72 (0.20) 0.00  0.36  0.00 
 0.00 
 5.18 
(6.25)
 20.67 
PGCO34  1.07  0.18  0.03 (0.75) 1.09 
(1.20)
 2.28 
(1.88)
 7.52 
E1RI34  1.24  0.27  0.10 (4.47) 0.87 
(2.11)
 3.48 
(2.09)
 16.05 
C1AB34  1.40  0.24  0.09  0.41  1.29 
(2.43)
 4.35 
(2.60)
 14.25 
ATMP3  2.18  0.07  0.00  0.02  0.00 
 0.00 
 6.38 
(5.07)
 21.44 
BEWZ39  0.94  0.01 (0.08) 0.67  1.26 
(1.00)
 2.06 
(2.07)
 8.19 
B1TI34  1.02  0.18  0.03 (1.09) 1.08 
(1.22)
 2.42 
(1.94)
 6.07 
SUZB3  0.91  0.12 (0.01)(1.26) 0.91 
(1.05)
 2.33 
(1.65)
 6.36 
All Fundamental Data

IRIDIUM FUNDO Competitive Analysis

The better you understand IRIDIUM FUNDO competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, IRIDIUM FUNDO'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 IRIDIUM FUNDO'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
IRIM11 BTLG11 PLPL3 HBTS5 PGCO34 E1RI34 C1AB34 ATMP3 BEWZ39 B1TI34
 0.83 
 67.05 
IRIDIUM
 0.67 
 97.08 
BTG
 1.69 
 13.20 
Plano
 0.00 
 30.90 
Companhia
 2.60 
 73.36 
Procter
 2.48 
 23.16 
Telefonaktiebolaget
 1.73 
 11.73 
Cable
 4.41 
 1.30 
ATMA
 0.29 
 52.20 
Ishares
 1.52 
 43.52 
British
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Not too volatile
Not too volatile
Very steady
Not too volatile
Not too volatile
Dangerous
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Weak
Very Weak
OK
OK
Good
Very Weak
Very Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Unknown
Low
Low
Below Average
Low
Low
Low
Quite High
About Average
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Under 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
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Buy
Strong Sell
Strong Sell
Strong Sell
Current Ratio
2.78
5.68
0.51
0.79
N/A
1.86
0.41
N/A
N/A
Net Asset
N/A
1.27 B
1.32 B
117.21 B
305.61 B
6.95 B
1.77 B
N/A
137.37 B
Profit Margin
18.96
0.0763
0.068
0.18
0.069
0.22
-0.58
N/A
0.24
EBITDA
N/A
190.28 M
196.32 M
21.24 B
38.66 B
789.6 M
(21.6 M)
N/A
11.73 B
Price To Book
1.08
1.81
0.55
8.36
1.46
2.3
N/A
N/A
0.2
Operating Margin
62.59
0.0975
0.27
0.23
N/A
0.31
-0.37
N/A
0.42
Current Valuation
202.43 M
971.73 M
470.48 M
2.06 T
101.24 B
41.25 B
300.54 M
N/A
729.19 B
Retained Earnings
N/A
N/A
260 M
N/A
N/A
N/A
N/A
N/A
N/A
Current Asset
N/A
N/A
79 M
N/A
N/A
N/A
N/A
N/A
N/A
Five Year Return
N/A
N/A
2.94
N/A
N/A
N/A
N/A
N/A
N/A
Beta
0.65
-0.66
0.8
0.4
0.27
0.81
0.89
N/A
0.37
Number Of Employees
N/A
6
12
106 K
105.53 K
3.63 K
15.39 K
N/A
52.08 K
Shares Outstanding
1.65 M
198.26 M
5.95 M
33.03 B
6.66 B
1.16 B
26.71 M
N/A
2.24 B
Cash Flow From Operations
5.63 M
73.71 M
(80.77 M)
16.72 B
39.06 B
704.34 M
44.98 M
N/A
9.72 B
Annual Yield
N/A
0.0386
0.0384
0.0262
0.0457
0.0136
N/A
N/A
0.0727
Total Debt
N/A
347.45 M
173.49 M
22.85 B
22.24 B
3.8 B
200.39 M
N/A
35.35 B
Return On Equity
1.13
0.29
0.0216
0.32
0.16
0.21
-15.83
N/A
0.0957
Z Score
N/A
2.2
N/A
45.0
2.4
3.6
N/A
N/A
7.2
Return On Asset
2.33
0.0624
0.0204
0.0955
0.0592
0.0472
-0.11
N/A
0.0501
Book Value Per Share
98.81
1.94
54.72
1.31
N/A
325.52
-10.3
N/A
33.8
Current Liabilities
N/A
N/A
102 M
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
N/A
1.27 B
1.32 B
117.21 B
305.61 B
6.95 B
1.77 B
N/A
137.37 B
Last Dividend Paid
0.32
0.16
N/A
3.61
N/A
11.1
N/A
N/A
2.18
Debt To Equity
N/A
1.33
0.21
54.4
N/A
2.38
2.31
N/A
N/A
Target Price
N/A
6.04
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
0.03
12.07
N/A
N/A
N/A
N/A
74.49
N/A
N/A
Market Capitalization
157.42 M
814.83 M
167.92 M
1.73 T
101.28 B
24.75 B
29.38 M
N/A
436.53 B
Price To Earning
98.94
4.69
312.5
102.83
N/A
0.19
N/A
N/A
N/A
Price To Earnings To Growth
N/A
N/A
N/A
4.98
1.89
N/A
N/A
N/A
1.79
Price To Sales
14.75
0.52
1.1
23.62
0.79
13.89
0.0385
N/A
18.26
Net Income
2.02 M
135.09 M
189.8 M
14.74 B
22.69 B
291.82 M
(136.28 M)
N/A
6.8 B
Earnings Per Share
1.08
0.5
1.21
2.15
1.44
1.56
-6.44
N/A
18.26
Shares Owned By Insiders
N/A
69.28
36.19
N/A
N/A
N/A
9.7
N/A
N/A
Revenue
10.67 M
1.27 B
266.95 M
80.19 B
232.31 B
1.61 B
1.05 B
N/A
25.68 B
Working Capital
N/A
N/A
(23 M)
N/A
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
186.95 M
55.87 M
9.82 B
N/A
448.96 M
1.84 M
N/A
N/A
Cash Per Share
N/A
1.37
8.71
3.92
N/A
74.36
1.35
N/A
N/A
Gross Profit
8.26 M
396.77 M
172.12 M
38.21 B
113.49 B
1.15 B
89.37 M
N/A
22.85 B
Day Typical Price
67.33
96.91
13.09
30.9
73.01
23.16
11.73
1.31
52.2
43.37
Accumulation Distribution
0.013
0.0125
0.025
N/A
0.0271
N/A
N/A
0.0299
N/A
0.0101
Market Facilitation Index
0.88
1.22
0.33
N/A
2.0
N/A
N/A
0.04
N/A
0.44
Daily Balance Of Power
(0.64)
0.5328
0.6667
0.0
0.93
(9,223,372,036,855)
9.2 T
(1.50)
(9,223,372,036,855)
1.477273
Period Momentum Indicator
(0.56)
0.65
0.22
N/A
1.86
(0.59)
0.2
(0.06)
(0.15)
0.65
Rate Of Daily Change
0.99
1.01
1.02
1.0
1.03
0.98
1.02
0.96
1.0
1.02
Day Median Price
67.47
96.83
13.04
30.9
72.83
23.16
11.73
1.32
52.2
43.3
Price Action Indicator
(0.70)
0.57
0.27
N/A
1.46
(0.29)
0.1
(0.05)
(0.07)
0.55
Relative Strength Index
50.14
44.46
55.62
31.69
41.72
60.65
75.07
43.73
48.16
56.3
Coefficient Of Variation
(778.41)
(968.38)
1605.68
(1,216)
878.76
783.02
631.78
(156,251)
5517.27
755.54
Mean Deviation
0.8325
0.5247
1.74
1.72
1.07
1.24
1.4
2.18
0.9416
1.02
Jensen Alpha
(0.14)
(0.09)
0.0888
(0.20)
0.179
0.2702
0.2381
0.0698
0.0117
0.1775
Total Risk Alpha
(0.32)
(0.20)
(0.21)
(0.85)
(0.07)
(0.07)
(0.01)
(0.55)
(0.20)
(0.04)
Sortino Ratio
N/A
N/A
0.0013
N/A
0.0271
0.0988
0.0875
N/A
(0.08)
0.032
Downside Variance
N/A
N/A
3.81
N/A
1.53
2.07
6.18
N/A
1.82
1.48
Standard Deviation
1.09
0.7326
2.14
3.5
1.44
2.14
2.2
3.4
1.34
1.28
Kurtosis
0.3763
2.22
(0.54)
7.08
2.11
19.6
3.93
6.17
2.13
0.2805
Potential Upside
1.68
0.9777
3.98
5.18
2.28
3.48
4.35
6.38
2.06
2.42
Treynor Ratio
1.27
(1.19)
0.4318
0.3563
(0.75)
(4.47)
0.4078
0.0179
0.6657
(1.09)
Maximum Drawdown
5.06
4.73
8.69
20.67
7.52
16.05
14.25
21.44
8.19
6.07
Variance
1.18
0.5366
4.58
12.24
2.08
4.57
4.84
11.55
1.79
1.64
Market Risk Adjusted Performance
1.28
(1.18)
0.4418
0.3663
(0.74)
(4.46)
0.4178
0.0279
0.6757
(1.08)
Risk Adjusted Performance
(0.1)
(0.08)
0.0542
(0.06)
0.092
0.1044
0.1279
0.0073
0.0182
0.1055
Skewness
(0.24)
0.381
0.1405
(1.31)
0.764
3.52
0.9493
1.71
0.4029
(0.18)
Semi Deviation
N/A
N/A
1.86
N/A
1.09
0.8713
1.29
N/A
1.26
1.08
Information Ratio
(0.25)
(0.28)
0.0011
(0.12)
0.0232
0.0666
0.0988
(0.04)
(0.08)
0.0304
Value At Risk
(2.26)
(1.29)
(3.23)
(6.25)
(1.88)
(2.09)
(2.60)
(5.07)
(2.07)
(1.94)
Expected Short fall
N/A
N/A
(1.99)
N/A
(1.20)
(2.11)
(2.43)
N/A
(1.00)
(1.22)
Downside Deviation
N/A
N/A
1.95
N/A
1.24
1.44
2.49
N/A
1.35
1.22
Semi Variance
N/A
N/A
3.45
N/A
1.19
0.7591
1.66
N/A
1.58
1.17

IRIDIUM FUNDO Competition Performance Charts

Five steps to successful analysis of IRIDIUM FUNDO Competition

IRIDIUM FUNDO'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 IRIDIUM FUNDO DE in relation to its competition. IRIDIUM FUNDO's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of IRIDIUM FUNDO 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 IRIDIUM FUNDO's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to IRIDIUM FUNDO DE, 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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