NewtekOne Competitors
| NEWTI Stock | USD 25.37 0.05 0.20% |
NewtekOne 800 vs Oxley Bridge Correlation
Weak diversification
The correlation between NewtekOne 800 percent and OBA is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NewtekOne 800 percent and OBA in the same portfolio, assuming nothing else is changed.
Moving against NewtekOne Stock
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NewtekOne 800'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.
NewtekOne 800 Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NewtekOne 800 and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of NewtekOne 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 NewtekOne 800 percent does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between NewtekOne Stock performing well and NewtekOne 800 Company 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 NewtekOne 800'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NEWTP | 0.53 | 0.00 | (0.07) | 0.05 | 0.60 | 1.11 | 3.11 | |||
| NEWT | 1.60 | 0.47 | 0.22 | 0.31 | 1.62 | 4.68 | 13.38 | |||
| RWAY | 1.04 | (0.12) | 0.00 | (0.08) | 0.00 | 1.80 | 6.84 | |||
| ANTA | 3.05 | (0.40) | 0.00 | (0.11) | 0.00 | 6.76 | 22.04 | |||
| ATLC | 2.31 | (0.18) | 0.00 | (0.07) | 0.00 | 4.64 | 14.61 | |||
| AACI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| YRD | 2.08 | (0.53) | 0.00 | (0.65) | 0.00 | 4.30 | 13.29 | |||
| SIMA | 0.12 | 0.00 | (0.20) | (2.40) | 0.13 | 0.28 | 1.42 | |||
| OBA | 0.09 | 0.00 | (0.24) | 0.00 | 0.02 | 0.30 | 0.89 |
NewtekOne 800 Competitive Analysis
The better you understand NewtekOne 800 competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NewtekOne 800'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 NewtekOne 800'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 |
NewtekOne 800 Competition Performance Charts
Five steps to successful analysis of NewtekOne 800 Competition
NewtekOne 800'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 NewtekOne 800 percent in relation to its competition. NewtekOne 800's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of NewtekOne 800 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 NewtekOne 800's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NewtekOne 800 percent, 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 NewtekOne 800 position
In addition to having NewtekOne 800 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 Real Estate Thematic Idea Now
Real Estate
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate 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 Real Estate Theme or any other thematic opportunities.
| View All Next | Launch |
Check out NewtekOne 800 Correlation with its peers.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is there potential for Stock market expansion? Will NewtekOne introduce new products? Factors like these will boost the valuation of NewtekOne 800. Anticipated expansion of NewtekOne directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about NewtekOne 800 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NewtekOne 800 percent is measured differently than its book value, which is the value of NewtekOne that is recorded on the company's balance sheet. Investors also form their own opinion of NewtekOne 800's value that differs from its market value or its book value, called intrinsic value, which is NewtekOne 800's true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because NewtekOne 800's market value can be influenced by many factors that don't directly affect NewtekOne 800's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between NewtekOne 800's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NewtekOne 800 should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, NewtekOne 800's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.