Compare Blackrock to DTF, John, MFS, CBH, Invesco, Eaton

Comparing Blackrock to DTF, John, MFS, CBH, Invesco, Eaton can provide valuable insights into potential diversification opportunities when combining these positions into a portfolio. By using this module, you can analyze the advantages of specified entities, assessing both technical and fundamental indicators across various peers. Please use the input box below to enter the symbols for specific investments you'd like to analyze. Check out your portfolio center.

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Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between positions in your portfolio represents the degree of relationship between the price movements of corresponding instruments. A correlation of about +1.0 implies that the prices 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.

	MHD	DTF	JHS	CXH	CBH	IHTA	EOT
MHD		0.11	0.67	0.72	-0.33	-0.32	0.71	MHD
DTF	0.11		-0.06	0.47	0.47	0.4	0.18	DTF
JHS	0.67	-0.06		0.43	-0.24	-0.17	0.63	JHS
CXH	0.72	0.47	0.43		0.11	0.08	0.59	CXH
CBH	-0.33	0.47	-0.24	0.11		0.95	-0.04	CBH
IHTA	-0.32	0.4	-0.17	0.08	0.95		0.06	IHTA
EOT	0.71	0.18	0.63	0.59	-0.04	0.06		EOT
	MHD	DTF	JHS	CXH	CBH	IHTA	EOT

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High positive correlations

IHTA	+ 0.95	CBH
CXH	+ 0.72	MHD
EOT	+ 0.71	MHD
JHS	+ 0.67	MHD
EOT	+ 0.63	JHS
EOT	+ 0.59	CXH

High negative correlations

CBH	- 0.33	MHD
IHTA	- 0.32	MHD
CBH	- 0.24	JHS
IHTA	- 0.17	JHS
JHS	- 0.06	DTF
EOT	- 0.04	CBH

Risk-Adjusted Indicators

There is a big difference between a company's stock performing well and the company itself 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 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
MHD	0.47	0.00	(0.15)	(0.11)	0.72	(0.45)	0.88	(1.14)	3.11
DTF	0.22	0.01	(0.37)	(0.10)	0.23	(0.27)	0.54	(0.36)	1.96
JHS	0.30	(0.01)	(0.23)	0.07	0.38	(0.34)	0.70	(0.61)	3.04
CXH	0.33	0.03	(0.20)	(0.11)	0.42	(0.35)	0.62	(0.74)	2.10
CBH	0.13	0.04	(0.41)	(4.02)	0.00	(0.18)	0.22	(0.22)	0.78
IHTA	0.24	0.05	(0.13)	1.63	0.26	(0.30)	0.68	(0.28)	2.03
EOT	0.35	0.00	(0.25)	0.06	0.42	(0.41)	0.75	(0.87)	2.08

Cross Equities Net Income Analysis

Compare Blackrock Muniholdings, DTF Tax Free, and John Hancock Income Net Income Over Time

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	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
DTF	9.3 M	15.4 M	15.4 M	15.4 M	3.9 M	7.5 M	1.1 M	(3.8 M)	14.3 M	4.4 M	2.9 M	(22.7 M)	3.1 M	2.8 M	1.8 M
JHS	13.8 M	16.6 M	16.6 M	16.6 M	2.3 M	14 M	10.3 M	(7.1 M)	23.5 M	13.2 M	9.7 M	(42.3 M)	273.3 K	246 K	233.7 K
CXH	12.9 M	17.3 M	17.3 M	17.3 M	6.2 M	485.3 K	9.1 M	1 M	9.4 M	4.4 M	4.9 M	(18.3 M)	1.6 M	1.4 M	1.5 M
EOT	13.3 M	13.3 M	13.3 M	13.3 M	13.3 M	13.3 M	802.1 K	11.7 M	13.7 M	6.3 M	30.1 M	(14.5 M)	(15.7 M)	14.6 M	15.3 M

Blackrock Muniholdings, DTF Tax Free, and John Hancock Income Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in entities financial statement analysis. It represents the amount of money remaining after all of organizations operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	MHD	DTF	JHS	CXH	CBH	IHTA	EOT
	0.25 12.18 Blackrock	0.18 11.26 DTF	0.61 11.47 John	0.74 8.10 MFS	0.00 9.19 CBH	0.13 7.54 Invesco	0.87 17.05 Eaton
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Weak	Weak	Insignificant	Very Weak	Good	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Very Low	Low	Very Low	Low	Low	About Average
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Strong Buy	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Hold	Cautious Hold	Hold	Not Rated	Hold	Hold
Current Ratio	0.17 X	17.99 X	0.10 X	1.92 X	N/A	N/A	N/A
Net Asset	N/A	84.27 M	230.91 M	114.47 M	N/A	N/A	333.19 M
Profit Margin	114.84 %	0.06 %	0.02 %	0.29 %	N/A	N/A	N/A
EBITDA	N/A	3.08 M	273.29 K	1.57 M	N/A	N/A	14.56 M
Price To Book	0.73 X	0.92 X	0.98 X	0.96 X	N/A	N/A	0.92 X
Operating Margin	85.45 %	0.70 %	0.85 %	0.84 %	N/A	N/A	N/A
Current Valuation	1.1 B	76.71 M	224.85 M	111.25 M	N/A	N/A	N/A
Five Year Return	(0.16) %	3.64 %	5.37 %	4.75 %	5.41 %	(0.92) %	4.26 %
Retained Earnings	N/A	(11.4 M)	(47.44 M)	(9.58 M)	N/A	N/A	(9.51 M)
One Year Return	9.03 %	N/A	N/A	N/A	5.34 %	9.43 %	N/A
Beta	0.4	0.32	0.46	0.59	N/A	N/A	0.42
Shares Outstanding	53.36 M	7.03 M	11.65 M	8.2 M	18.26 M	8.78 M	15.62 M
Three Year Return	(3.57) %	N/A	N/A	N/A	2.63 %	(3.01) %	N/A
Cash Flow From Operations	182.63 M	43.42 M	4.84 M	11.84 M	N/A	N/A	11.08 M
Annual Yield	0.01 %	0.03 %	0.04 %	0.04 %	0 %	0 %	0.05 %
Total Debt	531.29 M	71.88 K	91.3 M	43.77 M	N/A	N/A	40.7 M
Return On Equity	-14.62	0.0024	0.0021	0.0216	N/A	N/A	-4.49
Return On Asset	1.95	0.0129	0.0248	0.0225	N/A	N/A	N/A
Number Of Shares Shorted	17.81 K	38.04 K	12.75 K	22.5 K	1.4 K	4.07 K	36.5 K
Book Value Per Share	16.52 X	12.20 X	10.96 X	8.46 X	N/A	N/A	N/A
Total Asset	N/A	84.27 M	230.91 M	114.47 M	N/A	N/A	333.19 M
Last Dividend Paid	0.57	0.39	0.41	0.28	0.55	0.4	N/A
Debt To Equity	0.70 %	0.69 %	0.60 %	0.62 %	N/A	N/A	N/A
Short Ratio	0.11 X	3.33 X	0.57 X	1.43 X	0.06 X	0.17 X	1.12 X
Shares Owned By Institutions	23.56 %	45.77 %	58.34 %	37.47 %	27.37 %	26.65 %	16.17 %
Market Capitalization	702.71 M	79.15 M	133.59 M	66.38 M	135.47 M	56.35 M	270.78 M
Price To Earning	38.30 X	21.40 X	9.86 X	14.99 X	6.39 X	24.68 X	N/A
Price To Sales	13.00 X	24.86 X	12.18 X	12.36 X	N/A	N/A	17.96 X
Net Income	57.24 M	3.08 M	273.29 K	1.57 M	N/A	N/A	14.56 M
Earnings Per Share	0.32 X	0.04 X	0.02 X	0.26 X	1.37 X	0.31 X	0.93 X
Shares Owned By Insiders	0.01 %	N/A	0.11 %	0.09 %	N/A	N/A	N/A
Year To Date Return	1.80 %	N/A	N/A	N/A	2.77 %	6.07 %	N/A
Revenue	49.84 M	3.58 M	619.47 K	1.86 M	N/A	N/A	10.21 M
Cash And Equivalents	96.81 K	111.62 K	5.04 K	1.98 K	N/A	N/A	N/A
Cash Per Share	N/A	0.02 X	N/A	N/A	N/A	N/A	N/A
Gross Profit	49.84 M	5.41 M	9.83 M	5.1 M	N/A	N/A	N/A
Day Typical Price	12.16	11.26	11.48	8.13	9.19	7.54	17.11
Accumulation Distribution	0.0066	0.0053	0.0069	0.0195	N/A	0.0013	0.0133
Market Facilitation Index	0.08	0.06	0.08	0.16	N/A	0.01	0.23
Daily Balance Of Power	0.375	0.3333	(0.88)	(0.38)	0.0	(1.00)	(0.65)
Period Momentum Indicator	0.03	0.02	(0.07)	(0.06)	N/A	(0.01)	(0.15)
Rate Of Daily Change	1.0	1.0	0.99	0.99	1.0	1.0	0.99
Day Median Price	12.15	11.26	11.49	8.14	9.19	7.55	17.15
Price Action Indicator	0.045	0.01	(0.06)	(0.07)	N/A	(0.01)	(0.17)
Relative Strength Index	41.13	51.64	45.0	45.55	70.64	69.02	48.59
Coefficient Of Variation	5898.79	2058.06	2033.69	1823.2	346.3	590.89	5081.29
Mean Deviation	0.4749	0.2246	0.3009	0.3253	0.1328	0.2426	0.3502
Jensen Alpha	0.0014	0.0119	(0.01)	0.0289	0.0381	0.0483	9.0E-4
Total Risk Alpha	(0.1)	(0.04)	(0.06)	(0.05)	0.0114	(0.01)	(0.07)
Sortino Ratio	(0.15)	(0.37)	(0.23)	(0.20)	(0.41)	(0.13)	(0.25)
Downside Variance	0.634	0.0979	0.2232	0.2769	0.0426	0.2661	0.2315
Standard Deviation	0.6312	0.3163	0.4535	0.4289	0.1628	0.3675	0.4606
Kurtosis	0.4774	3.14	3.59	0.6969	0.0815	4.81	(0.02)
Potential Upside	0.88	0.5391	0.7042	0.6211	0.225	0.6821	0.7493
Treynor Ratio	(0.11)	(0.1)	0.0684	(0.11)	(4.02)	1.63	0.062
Maximum Drawdown	3.11	1.96	3.04	2.1	0.7835	2.03	2.08
Variance	0.3984	0.1	0.2056	0.1839	0.0265	0.1351	0.2121
Market Risk Adjusted Performance	(0.10)	(0.09)	0.0784	(0.1)	(4.01)	1.64	0.072
Risk Adjusted Performance	0.0109	0.023	0.0308	0.0342	0.1844	0.1189	0.0084
Skewness	(0.63)	0.7857	0.4515	(0.55)	(0.51)	(1.02)	(0.08)
Semi Deviation	0.7167	0.2344	0.3843	0.418	0.0	0.2625	0.4209
Information Ratio	(0.19)	(0.36)	(0.24)	(0.25)	(0.51)	(0.19)	(0.26)
Value At Risk	(1.14)	(0.36)	(0.61)	(0.74)	(0.22)	(0.28)	(0.87)
Expected Short fall	(0.45)	(0.27)	(0.34)	(0.35)	(0.18)	(0.30)	(0.41)
Downside Deviation	0.7963	0.313	0.4724	0.5262	0.2065	0.5159	0.4811
Semi Variance	0.5137	0.0549	0.1477	0.1747	(0.03)	0.0689	0.1772

Market Neutrality

One of the main advantages of trading using market-neutral strategies is that every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.

Please note, the success of pairs trading depends heavily on the modeling and forecasting of the spread time series. However, in general, pair trading minimizes risk from directional movements in the market unless the strategy's equities are perfectly correlated. For example, if an entire industry or sector drops because of unexpected headlines, the first equity's short position will appreciate offsetting losses from the drop in the long position's value.

Five steps to successful analysis of competition

Competitive analysis is the process of researching and evaluating the competitive landscape of a business entity. It provides an understanding of the company's strengths, weaknesses, opportunities, and threats (SWOT) in relation to its competition. The competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors across the sector or industry, 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 the competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats 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.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.

	Casinos Invested over 90 shares	Go
	Macroaxis Index Invested few shares	Go
	Hedge Favorites Invested over 60 shares	Go
	Banking Invested over 20 shares	Go
	Cash Cows Invested few shares	Go
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	Dividend Beast Invested over 50 shares	Go
	Macroaxis Picks Invested over 30 shares	Go
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	ESG Investing Invested few shares	Go

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity