T REX Competition

MSTZ Etf

1.28 0.26 25.49%

T REX 2X competes with Freedom Day, Franklin Templeton, IShares MSCI, Tidal Trust, and IShares Dividend; as well as few others. Analyzing T REX competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of T REX to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of T REX competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of T REX'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.

T REX Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between T REX 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 MSTZ 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 T REX 2X does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.28	0.56	0.02	0.58	0.03	0.65	0.28	-0.54	0.71	META
MSFT	0.28		0.23	0.14	0.19	-0.02	0.03	-0.13	0.11	-0.19	MSFT
UBER	0.56	0.23		-0.04	-0.02	0.27	0.01	-0.13	0.06	0.35	UBER
F	0.02	0.14	-0.04		0.14	-0.4	0.44	0.67	-0.31	0.32	F
T	0.58	0.19	-0.02	0.14		-0.51	0.77	0.56	-0.78	0.37	T
A	0.03	-0.02	0.27	-0.4	-0.51		-0.48	-0.64	0.64	-0.01	A
CRM	0.65	0.03	0.01	0.44	0.77	-0.48		0.85	-0.92	0.66	CRM
JPM	0.28	-0.13	-0.13	0.67	0.56	-0.64	0.85		-0.83	0.49	JPM
MRK	-0.54	0.11	0.06	-0.31	-0.78	0.64	-0.92	-0.83		-0.56	MRK
XOM	0.71	-0.19	0.35	0.32	0.37	-0.01	0.66	0.49	-0.56		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.85	CRM
CRM	+ 0.77	T
XOM	+ 0.71	META
JPM	+ 0.67	F
XOM	+ 0.66	CRM
CRM	+ 0.65	META

High negative correlations

MRK	- 0.92	CRM
MRK	- 0.83	JPM
MRK	- 0.78	T
JPM	- 0.64	A
XOM	- 0.56	MRK
MRK	- 0.54	META

T REX Competition Risk-Adjusted Indicators

There is a big difference between MSTZ Etf performing well and T REX 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 T REX'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	1.06	0.06	0.02	0.21	1.39	(1.15)	2.62	(3.15)	8.02
MSFT	0.90	(0.03)	(0.04)	0.07	1.49	(0.86)	2.09	(1.85)	8.19
UBER	1.62	(0.13)	(0.05)	0.00	2.26	(1.79)	2.69	(2.53)	20.10
F	1.43	(0.15)	(0.04)	0.02	2.24	(1.39)	2.53	(2.90)	11.21
T	0.92	0.26	0.12	(9.48)	0.86	(1.06)	2.56	(1.72)	6.47
A	1.14	(0.13)	0.00	(0.12)	0.00	0.00	2.29	(2.42)	9.02
CRM	1.29	0.26	0.22	0.36	0.91	(1.53)	3.18	(1.91)	9.09
JPM	1.12	(0.01)	0.06	0.12	1.42	(1.19)	2.05	(2.00)	15.87
MRK	0.89	(0.23)	0.00	(0.76)	0.00	0.00	2.00	(2.13)	4.89
XOM	1.02	(0.06)	(0.09)	0.00	1.34	(1.07)	2.10	(2.09)	5.74

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T REX Competitive Analysis

The better you understand T REX competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, T REX'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 T REX'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

	MSTZ	MBOX	DIEM	MCHI	DIPS	DISO	DIVB	DIVD	DIVG	DIVI
	25.49 1.28 MSTZ	0.54 35.23 Freedom	0.48 26.83 Franklin	0.60 46.10 IShares	0.36 14.04 Tidal	0.74 17.50 Tidal	0.08 50.96 IShares	0.48 33.30 Altrius	0.03 32.80 Invesco	0.59 30.53 Franklin
Market Volatility (90 Days Market Risk)	Out of control	Very steady	Very steady	Very steady	Not too volatile	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	OK	Very Weak	Modest	Very Weak	Solid	Good	Very Weak	Good	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Low	Low	Low	About Average	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Under Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Hold	Cautious Hold	Strong Sell	Sell	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Hold
Price To Sales		N/A	N/A	1.22	N/A	N/A	N/A	N/A	N/A	0.79
Equity Positions Weight		99.71	98.72	99.79	N/A	N/A	99.67	99.69	N/A	99.7
Three Year Return		13.0	2.6	-9.2	N/A	N/A	9.4	N/A	N/A	7.8
Net Asset		42.75 M	12.07 M	5.08 B	N/A	N/A	229.42 M	808.5 K	N/A	31.34 M
Price To Book		N/A	N/A	1.25	N/A	N/A	N/A	N/A	N/A	1.47
Five Year Return		N/A	3.2	-3.6	N/A	N/A	13.9	N/A	N/A	7.6
One Year Return		33.0	18.3	8.7	N/A	13.8	36.4	15.3	N/A	8.5
Last Dividend Paid		N/A	N/A	0.24	N/A	N/A	0.17	N/A	N/A	N/A
Ten Year Return		N/A	N/A	0.9	N/A	N/A	N/A	N/A	N/A	N/A
Beta		0.82	0.96	1.06	N/A	N/A	0.89	N/A	N/A	0.9
Price To Earning		N/A	N/A	11.15	N/A	N/A	N/A	N/A	N/A	13.03
Day Typical Price	1.22	35.18	26.83	46.15	14.03	17.52	50.87	33.28	32.77	30.57
Accumulation Distribution	0.24	0.0068	0.0022	0.0099	0.0092	0.0091	0.0057	0.0021	0.0024	0.0078
Market Facilitation Index	0.33	0.24	0.06	0.46	0.13	0.16	0.29	0.07	0.08	0.24
Daily Balance Of Power	0.7879	(0.79)	(2.17)	(0.61)	0.3846	(0.81)	0.1379	(2.29)	0.125	(0.75)
Period Momentum Indicator	0.26	(0.19)	(0.13)	(0.28)	0.05	(0.13)	0.04	(0.16)	0.01	(0.18)
Rate Of Daily Change	1.25	0.99	1.0	0.99	1.0	0.99	1.0	1.0	1.0	0.99
Day Median Price	1.2	35.16	26.83	46.17	14.03	17.53	50.83	33.28	32.76	30.59
Price Action Indicator	0.21	(0.03)	(0.07)	(0.21)	0.04	(0.1)	0.16	(0.06)	0.045	(0.15)
Relative Strength Index	N/A	62.34	46.93	47.28	43.09	65.63	65.37	48.55	64.83	39.78
Coefficient Of Variation	(324.39)	1161.36	37157.49	1516.98	(1,156)	471.29	579.85	(3,400)	578.99	(761.49)
Mean Deviation	11.19	0.6039	0.8429	1.91	1.55	0.8137	0.5266	0.4914	0.4802	0.6298
Jensen Alpha	(4.01)	(0.05)	(0.05)	0.1636	(0.11)	0.1846	0.0088	(0.09)	0.0203	(0.16)
Total Risk Alpha	(6.84)	(0.07)	(0.20)	(0.28)	(0.52)	0.0524	3.0E-4	(0.12)	(0.0006)	(0.24)
Sortino Ratio	N/A	(0.08)	(0.11)	0.0238	N/A	0.1069	(0.02)	N/A	(0.04)	N/A
Downside Variance	N/A	0.5732	1.38	7.42	N/A	1.09	0.2666	N/A	0.3307	N/A
Standard Deviation	14.66	0.7854	1.21	2.96	2.11	1.14	0.6911	0.6004	0.6203	0.8095
Kurtosis	1.39	0.6585	2.04	3.82	2.39	3.77	3.74	(0.82)	1.04	0.428
Potential Upside	15.98	1.25	1.97	5.4	2.54	1.67	1.04	0.9145	1.1	1.02
Treynor Ratio	1.05	0.0642	(0.02)	1.03	0.2684	0.5875	0.131	(0.06)	0.1521	(0.31)
Maximum Drawdown	62.9	3.49	7.08	19.77	13.88	7.68	3.81	2.2	3.07	3.95
Variance	214.85	0.6169	1.47	8.77	4.45	1.3	0.4776	0.3605	0.3848	0.6552
Market Risk Adjusted Performance	1.06	0.0742	(0.01)	1.04	0.2784	0.5975	0.141	(0.05)	0.1621	(0.30)
Risk Adjusted Performance	(0.23)	0.0661	0.0057	0.0578	(0.06)	0.1655	0.1308	(0.03)	0.1297	(0.1)
Skewness	(0.43)	0.1992	0.4454	0.1042	(0.28)	0.5279	1.17	(0.16)	0.4121	0.0521
Semi Deviation	N/A	0.6263	1.15	2.53	N/A	0.7323	0.3183	N/A	0.3979	N/A
Information Ratio	(0.32)	(0.08)	(0.10)	0.0219	(0.15)	0.098	(0.02)	(0.25)	(0.04)	(0.29)
Value At Risk	(26.75)	(1.29)	(2.01)	(3.25)	(3.20)	(1.33)	(0.81)	(0.98)	(0.86)	(1.58)
Expected Short fall	N/A	(0.71)	(0.85)	(2.15)	N/A	(0.97)	(0.67)	N/A	(0.53)	N/A
Downside Deviation	N/A	0.7571	1.17	2.72	N/A	1.05	0.5163	N/A	0.5751	N/A
Semi Variance	N/A	0.3923	1.33	6.4	N/A	0.5363	0.1013	N/A	0.1583	N/A

T REX Competition Performance Charts

Five steps to successful analysis of T REX Competition

T REX'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 T REX 2X in relation to its competition. T REX's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of T REX 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 T REX's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to T REX 2X, 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.

Complement your T REX position

In addition to having T REX 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.

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