Kurv High Competition
| KYLD Etf | 18.84 0.85 4.32% |
Kurv High vs PIMCO RAFI Correlation
Good diversification
The correlation between Kurv High Income and MFDX is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kurv High Income and MFDX in the same portfolio, assuming nothing else is changed.
Moving against Kurv Etf
Kurv High Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Kurv High 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 Kurv 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 Kurv High Income does not affect the price movement of the other competitor.
High positive correlations
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Kurv High Constituents Risk-Adjusted Indicators
There is a big difference between Kurv Etf performing well and Kurv High 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 Kurv High'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DHSB | 0.26 | (0.01) | (0.07) | 0.02 | 0.36 | 0.47 | 1.69 | |||
| MBOX | 0.56 | 0.07 | 0.10 | 0.13 | 0.48 | 1.17 | 2.58 | |||
| MCHI | 0.83 | (0.09) | 0.00 | (0.13) | 0.00 | 1.71 | 6.46 | |||
| DIVS | 0.46 | 0.07 | 0.10 | 0.17 | 0.41 | 1.02 | 2.48 | |||
| DIVZ | 0.47 | 0.11 | 0.18 | 0.26 | 0.28 | 0.98 | 2.59 | |||
| FV | 0.78 | 0.03 | 0.02 | 0.06 | 0.96 | 1.58 | 3.52 | |||
| VT | 0.55 | 0.01 | 0.00 | 0.05 | 0.76 | 1.05 | 3.11 | |||
| MEMA | 0.71 | 0.27 | 0.30 | 0.96 | 0.35 | 1.97 | 3.48 | |||
| MFDX | 0.57 | 0.12 | 0.14 | 0.22 | 0.51 | 1.14 | 2.82 |
Kurv High Competitive Analysis
The better you understand Kurv High competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Kurv High'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 Kurv High'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 |
Kurv High Competition Performance Charts
Five steps to successful analysis of Kurv High Competition
Kurv High'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 Kurv High Income in relation to its competition. Kurv High's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Kurv High 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 Kurv High's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Kurv High Income, 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.
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Check out Kurv High Correlation with its peers. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Kurv High Income is measured differently than its book value, which is the value of Kurv that is recorded on the company's balance sheet. Investors also form their own opinion of Kurv High's value that differs from its market value or its book value, called intrinsic value, which is Kurv High's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Kurv High's market value can be influenced by many factors that don't directly affect Kurv High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Kurv High's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Kurv High represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Kurv High's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.