Mairs Power Competition
| MINN Etf | USD 22.62 0.04 0.18% |
Mairs Power vs Goldman Sachs Correlation
Poor diversification
The correlation between Mairs Power Minnesota and GEMD is 0.71 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mairs Power Minnesota and GEMD in the same portfolio, assuming nothing else is changed.
Moving together with Mairs Etf
Moving against Mairs Etf
Mairs Power Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Mairs Power 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 Mairs 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 Mairs Power Minnesota does not affect the price movement of the other competitor.
High positive correlations
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Mairs Power Constituents Risk-Adjusted Indicators
There is a big difference between Mairs Etf performing well and Mairs Power 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 Mairs Power'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.61 | (0.08) | 0.00 | (0.04) | 0.00 | 3.43 | 11.42 | |||
| MSFT | 1.23 | (0.32) | 0.00 | (1.41) | 0.00 | 1.85 | 13.28 | |||
| UBER | 1.46 | (0.30) | 0.00 | (0.36) | 0.00 | 2.46 | 10.23 | |||
| F | 1.24 | 0.05 | 0.04 | 0.08 | 1.23 | 3.38 | 7.16 | |||
| T | 0.96 | 0.05 | 0.02 | 0.23 | 1.04 | 1.85 | 3.77 | |||
| A | 1.19 | (0.18) | 0.00 | (0.10) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.54 | (0.30) | 0.00 | (0.25) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.09 | (0.03) | (0.01) | 0.01 | 1.67 | 1.88 | 7.38 | |||
| MRK | 1.28 | 0.33 | 0.24 | 0.50 | 1.13 | 3.59 | 8.09 | |||
| XOM | 1.08 | 0.31 | 0.23 | 3.83 | 0.95 | 2.38 | 5.82 |
Mairs Power Competitive Analysis
The better you understand Mairs Power competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Mairs Power'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 Mairs Power'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 |
Mairs Power Competition Performance Charts
Five steps to successful analysis of Mairs Power Competition
Mairs Power'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 Mairs Power Minnesota in relation to its competition. Mairs Power's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Mairs Power 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 Mairs Power's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Mairs Power Minnesota, 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 Mairs Power position
In addition to having Mairs Power 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 38 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 Railroads Theme or any other thematic opportunities.
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Check out Mairs Power Correlation with its peers. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Understanding Mairs Power Minnesota requires distinguishing between market price and book value, where the latter reflects Mairs's accounting equity. The concept of intrinsic value—what Mairs Power's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Mairs Power's price substantially above or below its fundamental value.
Understanding that Mairs Power's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mairs Power represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Mairs Power's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.