Profunds-large Cap Competition
| LGPSX Fund | USD 40.91 0.32 0.79% |
Profunds-large Cap vs Morningstar Defensive Correlation
Very weak diversification
The correlation between Profunds Large Cap Growth and MSTBX is 0.46 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Profunds Large Cap Growth and MSTBX in the same portfolio, assuming nothing else is changed.
Moving together with Profunds-large Mutual Fund
Moving against Profunds-large Mutual Fund
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Profunds-large Cap'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.
Profunds-large Cap Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Profunds-large Cap 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 Profunds-large 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 Profunds Large Cap does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Profunds-large Mutual Fund performing well and Profunds-large Cap Mutual 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 Profunds-large Cap'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BBINX | 0.06 | 0.01 | (0.45) | 0.47 | 0.00 | 0.19 | 0.48 | |||
| TBGAX | 0.08 | 0.00 | (0.34) | 0.05 | 0.00 | 0.18 | 0.83 | |||
| RULFX | 0.04 | 0.00 | 0.00 | 0.45 | 0.00 | 0.10 | 0.60 | |||
| MBSAX | 0.21 | 0.03 | (0.12) | 0.25 | 0.08 | 0.37 | 2.24 | |||
| FHYIX | 0.08 | 0.00 | (0.34) | (0.27) | 0.00 | 0.22 | 0.66 | |||
| TFBIX | 0.07 | 0.00 | (0.35) | 0.19 | 0.00 | 0.20 | 0.69 | |||
| VBIPX | 0.08 | 0.00 | (0.64) | (0.16) | 0.00 | 0.20 | 0.49 | |||
| MSTBX | 0.05 | 0.00 | (0.57) | (0.02) | 0.00 | 0.10 | 0.31 |
Profunds-large Cap Competitive Analysis
The better you understand Profunds-large Cap competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Profunds-large Cap'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 Profunds-large Cap'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 |
Profunds-large Cap Competition Performance Charts
Five steps to successful analysis of Profunds-large Cap Competition
Profunds-large Cap'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 Profunds Large Cap in relation to its competition. Profunds-large Cap's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Profunds-large Cap 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 Profunds-large Cap's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Profunds Large Cap, 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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Other Information on Investing in Profunds-large Mutual Fund
Profunds-large Cap financial ratios help investors to determine whether Profunds-large Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Profunds-large with respect to the benefits of owning Profunds-large Cap security.
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