AIM ETF Competition
| JANW Etf | USD 37.32 0.04 0.11% |
AIM ETF vs First Trust Correlation
No risk reduction
The correlation between AIM ETF Products and DAPR is 0.99 (i.e., No risk reduction) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AIM ETF Products and DAPR in the same portfolio, assuming nothing else is changed.
Moving together with AIM Etf
| 0.93 | INOV | Innovator ETFs Trust | PairCorr |
| 0.97 | BUFR | First Trust Cboe Sell-off Trend | PairCorr |
| 0.98 | BUFD | FT Cboe Vest | PairCorr |
| 0.96 | PSEP | Innovator SP 500 | PairCorr |
| 0.97 | PJAN | Innovator SP 500 | PairCorr |
Moving against AIM Etf
AIM ETF Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between AIM ETF 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 AIM 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 AIM ETF Products does not affect the price movement of the other competitor.
AIM ETF Constituents Risk-Adjusted Indicators
There is a big difference between AIM Etf performing well and AIM ETF 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 AIM ETF'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SEPW | 0.20 | 0.01 | (0.11) | 0.08 | 0.25 | 0.44 | 1.58 | |||
| BJAN | 0.28 | 0.03 | (0.01) | 0.14 | 0.33 | 0.68 | 2.41 | |||
| BJUL | 0.30 | 0.01 | (0.06) | 0.08 | 0.35 | 0.65 | 2.12 | |||
| DJUN | 0.16 | 0.01 | (0.16) | 0.11 | 0.12 | 0.42 | 1.23 | |||
| GMAY | 0.18 | 0.01 | (0.15) | 0.10 | 0.14 | 0.44 | 1.15 | |||
| GDEC | 0.20 | 0.02 | (0.07) | 0.14 | 0.18 | 0.60 | 1.81 | |||
| DOCT | 0.24 | 0.03 | (0.10) | 0.71 | 0.25 | 0.45 | 1.86 | |||
| KJAN | 0.59 | 0.06 | 0.01 | 0.34 | 0.69 | 1.31 | 3.00 | |||
| AUGW | 0.18 | 0.00 | (0.16) | 0.08 | 0.21 | 0.47 | 1.43 | |||
| DAPR | 0.11 | 0.02 | (0.26) | 0.57 | 0.00 | 0.26 | 0.67 |
AIM ETF Competitive Analysis
The better you understand AIM ETF competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, AIM ETF'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 AIM ETF'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 |
AIM ETF Competition Performance Charts
Five steps to successful analysis of AIM ETF Competition
AIM ETF'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 AIM ETF Products in relation to its competition. AIM ETF's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of AIM ETF 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 AIM ETF's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to AIM ETF Products, 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 AIM ETF position
In addition to having AIM ETF 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 Cryptocurrency Thematic Idea Now
Cryptocurrency
Dynamically computed list of top cryptocurrencies sorted bymarket capitalization. The Cryptocurrency theme has 50 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 Cryptocurrency Theme or any other thematic opportunities.
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Check out AIM ETF Correlation with its peers. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Understanding AIM ETF Products requires distinguishing between market price and book value, where the latter reflects AIM's accounting equity. The concept of intrinsic value—what AIM ETF's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Investment professionals apply varied valuation frameworks to compute inherent worth and acquire positions when market prices trade at discounts to calculated value. Market sentiment, economic cycles, and investor behavior can push AIM ETF's price substantially above or below its fundamental value.
Understanding that AIM ETF's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether AIM ETF represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, AIM ETF's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.