Tradr 2X Competition
| MQQQ Etf | 185.40 1.17 0.64% |
Tradr 2X vs Royce Quant Correlation
Weak diversification
The correlation between Tradr 2X Long and SQLV is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tradr 2X Long and SQLV in the same portfolio, assuming nothing else is changed.
Moving together with Tradr Etf
| 0.63 | SSO | ProShares Ultra SP500 | PairCorr |
| 0.86 | SPXL | Direxion Daily SP500 | PairCorr |
| 0.79 | QLD | ProShares Ultra QQQ | PairCorr |
| 0.71 | UPRO | ProShares UltraPro SP500 | PairCorr |
Moving against Tradr Etf
| 0.36 | FNGD | MicroSectors FANG Index Aggressive Push | PairCorr |
Tradr 2X Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tradr 2X 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 Tradr 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 Tradr 2X Long does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Tradr 2X Competition Risk-Adjusted Indicators
There is a big difference between Tradr Etf performing well and Tradr 2X 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 Tradr 2X'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 | 1.42 | (0.21) | 0.00 | (0.14) | 0.00 | 3.16 | 13.02 | |||
| MSFT | 1.04 | (0.18) | 0.00 | (0.50) | 0.00 | 1.78 | 4.90 | |||
| UBER | 1.45 | (0.24) | 0.00 | (0.24) | 0.00 | 2.60 | 10.23 | |||
| F | 1.50 | 0.11 | 0.10 | 0.14 | 1.32 | 3.69 | 16.30 | |||
| T | 0.87 | (0.16) | 0.00 | (0.39) | 0.00 | 1.53 | 4.30 | |||
| A | 1.21 | (0.17) | 0.00 | (0.06) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.51 | (0.23) | 0.00 | (0.13) | 0.00 | 3.22 | 12.37 | |||
| JPM | 1.13 | (0.11) | 0.00 | (0.01) | 0.00 | 2.00 | 7.38 | |||
| MRK | 1.24 | 0.31 | 0.21 | 0.48 | 1.09 | 3.59 | 8.09 | |||
| XOM | 1.07 | 0.28 | 0.18 | 4.20 | 0.95 | 2.38 | 5.82 |
Tradr 2X Competitive Analysis
The better you understand Tradr 2X competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tradr 2X'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 Tradr 2X'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 |
Tradr 2X Competition Performance Charts
Five steps to successful analysis of Tradr 2X Competition
Tradr 2X'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 Tradr 2X Long in relation to its competition. Tradr 2X's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Tradr 2X 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 Tradr 2X's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tradr 2X Long, 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 Tradr 2X position
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Copper
Companies involved in production of copper. The Copper theme has 42 constituents at this time.
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Other Information on Investing in Tradr Etf
Tradr 2X financial ratios help investors to determine whether Tradr Etf 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 Tradr with respect to the benefits of owning Tradr 2X security.