HCM Defender Competition
| LGH Etf | USD 62.32 0.39 0.62% |
HCM Defender vs Natixis ETF Correlation
Poor diversification
The correlation between HCM Defender 500 and LSGR is 0.65 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding HCM Defender 500 and LSGR in the same portfolio, assuming nothing else is changed.
Moving together with HCM Etf
HCM Defender Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between HCM Defender 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 HCM 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 HCM Defender 500 does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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HCM Defender Constituents Risk-Adjusted Indicators
There is a big difference between HCM Etf performing well and HCM Defender 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 HCM Defender'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SFY | 0.66 | 0.00 | (0.04) | 0.09 | 1.14 | 1.27 | 4.37 | |||
| QQH | 1.06 | (0.11) | 0.00 | (0.05) | 0.00 | 1.78 | 6.95 | |||
| SSUS | 0.55 | (0.03) | (0.05) | 0.00 | 0.82 | 1.05 | 3.42 | |||
| FYC | 1.04 | 0.04 | 0.01 | 0.22 | 1.21 | 2.04 | 5.20 | |||
| LVHD | 0.46 | 0.04 | 0.00 | 0.59 | 0.49 | 1.03 | 2.43 | |||
| HCMT | 1.24 | (0.10) | 0.00 | (0.02) | 0.00 | 2.22 | 8.03 | |||
| FDMO | 0.80 | (0.03) | (0.03) | 0.01 | 1.21 | 1.56 | 5.18 | |||
| ZALT | 0.22 | 0.02 | (0.08) | 0.77 | 0.27 | 0.50 | 1.58 | |||
| GJUL | 0.22 | 0.00 | (0.10) | 0.05 | 0.22 | 0.51 | 1.49 | |||
| LSGR | 0.75 | (0.12) | 0.00 | (0.12) | 0.00 | 1.48 | 4.53 |
HCM Defender Competitive Analysis
The better you understand HCM Defender competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, HCM Defender'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 HCM Defender'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 |
HCM Defender Competition Performance Charts
Five steps to successful analysis of HCM Defender Competition
HCM Defender'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 HCM Defender 500 in relation to its competition. HCM Defender's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of HCM Defender 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 HCM Defender's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to HCM Defender 500, 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 HCM Defender position
In addition to having HCM Defender 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 Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 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 Investor Favorites Theme or any other thematic opportunities.
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Check out HCM Defender Correlation with its peers. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Investors evaluate HCM Defender 500 using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating HCM Defender's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause HCM Defender's market price to deviate significantly from intrinsic value.
Understanding that HCM Defender's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether HCM Defender represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, HCM Defender's market price signifies the transaction level at which participants voluntarily complete trades.