American Beacon Competition
| MGNR Etf | 50.74 1.83 3.74% |
American Beacon vs Iq Candriam Correlation
Almost no diversification
The correlation between American Beacon Select and IQSM is 0.93 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Beacon Select and IQSM in the same portfolio, assuming nothing else is changed.
Moving together with American Etf
| 0.97 | XLB | Materials Select Sector Aggressive Push | PairCorr |
| 0.98 | VAW | Vanguard Materials Index | PairCorr |
| 0.97 | XME | SPDR SP Metals | PairCorr |
| 0.71 | PHO | Invesco Water Resources | PairCorr |
Moving against American Etf
American Beacon Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between American Beacon 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 American 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 American Beacon Select does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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American Beacon Constituents Risk-Adjusted Indicators
There is a big difference between American Etf performing well and American Beacon 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 American Beacon'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BVAL | 0.52 | 0.05 | 0.05 | 0.15 | 0.45 | 1.15 | 2.92 | |||
| FUNL | 0.61 | 0.07 | 0.08 | 0.17 | 0.57 | 1.39 | 3.89 | |||
| SIXL | 0.46 | 0.09 | 0.07 | 0.34 | 0.39 | 1.10 | 3.41 | |||
| LDRX | 0.58 | (0.08) | 0.00 | (0.03) | 0.00 | 1.20 | 4.32 | |||
| MPRO | 0.32 | 0.06 | 0.01 | 0.24 | 0.17 | 0.72 | 1.76 | |||
| BFEB | 0.36 | 0.01 | (0.05) | 0.10 | 0.48 | 0.86 | 2.51 | |||
| TOGA | 0.88 | (0.29) | 0.00 | (0.21) | 0.00 | 1.38 | 6.14 | |||
| UMAR | 0.19 | 0.01 | (0.19) | 0.11 | 0.15 | 0.51 | 1.26 | |||
| ROE | 0.77 | 0.02 | 0.02 | 0.10 | 0.91 | 1.39 | 3.56 | |||
| IQSM | 0.70 | 0.05 | 0.06 | 0.13 | 0.60 | 1.63 | 3.27 |
American Beacon Competitive Analysis
The better you understand American Beacon competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, American Beacon'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 American Beacon'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 |
American Beacon Competition Performance Charts
Five steps to successful analysis of American Beacon Competition
American Beacon'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 American Beacon Select in relation to its competition. American Beacon's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of American Beacon 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 American Beacon's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to American Beacon Select, 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 American Beacon position
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Check out American Beacon Correlation with its peers. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Understanding American Beacon Select requires distinguishing between market price and book value, where the latter reflects American's accounting equity. The concept of intrinsic value - what American Beacon's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push American Beacon's price substantially above or below its fundamental value.
Understanding that American Beacon's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether American Beacon represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, American Beacon's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.