NBI Sustainable Competition

Etfs . Canada . 
Etf . NBI Sustainable Canadian
NSCC Etf  CAD 22.20  0.05  0.23%   
NBI Sustainable Canadian competes with Franklin Global, Franklin Large, First Trust, IShares Canadian, and PHN Multi; as well as few others. Analyzing NBI Sustainable 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 NBI Sustainable to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out NBI Sustainable Correlation with its peers.
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 NBI Sustainable competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
21.8822.2022.52
Details
Intrinsic
Valuation
LowRealHigh
21.6721.9922.31
Details
Naive
Forecast
LowNextHigh
21.6922.0022.32
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.0922.3322.56
Details

NBI Sustainable Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NBI Sustainable 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 NBI 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 NBI Sustainable Canadian does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
0P0000OXA6
+ 0.98
FLUS
ZUAG-U
+ 0.93
FLGA
0P0000OXA6
+ 0.87
FSL
FSL
+ 0.86
FLUS
XHB
+ 0.65
FLUS
0P0000OXA6
+ 0.65
XHB
  
High negative correlations   
0P0000OXA6
- 0.83
ZUAG-U
ZUAG-U
- 0.8
FLUS
ZUAG-U
- 0.73
FSL
0P0000OXA6
- 0.72
FLGA
FLUS
- 0.72
FLGA
ALA-PA
- 0.68
FSL

NBI Sustainable Constituents Risk-Adjusted Indicators

There is a big difference between NBI Etf performing well and NBI Sustainable 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 NBI Sustainable'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
FLGA  0.24 (0.03) 0.00 (0.42) 0.00 
 0.00 
 0.42 
(0.47)
 1.74 
FLUS  0.47  0.06 (0.01) 0.24  0.53 
(0.51)
 1.21 
(1.13)
 4.62 
FSL  0.32  0.04 (0.15)(0.46) 0.44 
(0.44)
 0.76 
(0.81)
 5.22 
ZUAG-U  0.14 (0.04) 0.00  3.71  0.00 
 0.00 
 0.42 
(0.46)
 2.35 
XHB  0.19  0.01 (0.49)(0.22) 0.13 
(0.24)
 0.41 
(0.31)
 1.07 
EDGF  0.81  0.01 (0.05) 0.18  1.11 
(1.17)
 2.20 
(1.86)
 6.42 
SOLR  6.23  0.49  0.01 (0.28) 8.17 
(26.04)
 25.00 
(20.00)
 50.00 
0P0000OXA6  0.50  0.09 (0.02) 0.78  0.50 
(0.54)
 1.07 
(1.18)
 4.34 
ALA-PA  0.51  0.01 (0.17) 0.06  0.67 
(0.60)
 1.15 
(1.45)
 3.73 
ECO  1.48 (0.03)(0.05) 0.04  1.87 
(1.71)
 3.84 
(3.00)
 11.63 
All Fundamental Data

NBI Sustainable Competitive Analysis

The better you understand NBI Sustainable competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NBI Sustainable'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 NBI Sustainable'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
NSCC FLGA FLUS FSL ZUAG-U XHB EDGF SOLR 0P0000OXA6 ALA-PA
 0.23 
 22.20 
NBI
 0.69 
 18.99 
Franklin
 0.23 
 48.52 
Franklin
 0.06 
 17.06 
First
 0.87 
 30.29 
BMO
 0.46 
 19.63 
IShares
 0.47 
 10.66 
Brompton
 12.50 
 0.04 
Solar
 0.42 
 28.25 
PHN
 0.31 
 19.25 
Altagas
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Out of control
Very steady
Very steady
Market Performance
(90 Days Performance)
Weak
Very Weak
Good
Insignificant
Very Weak
OK
Weak
Weak
Good
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
About Average
Low
About Average
Very High
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over 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)
Sell
Cautious Hold
Strong Hold
Sell
Strong Hold
Cautious Hold
Cautious Hold
Strong Sell
Strong Hold
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.19
N/A
N/A
Net Asset
130.85 M
486.37 M
227.86 M
61.18 M
N/A
430.05 M
N/A
1.8 M
5.64 B
21.59 B
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.0107
N/A
0.0239
EBITDA
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(762.93 K)
N/A
1.14 B
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.7
N/A
0.0733
Current Valuation
N/A
N/A
N/A
N/A
N/A
N/A
N/A
10.37 M
N/A
N/A
Price To Book
N/A
N/A
N/A
N/A
N/A
N/A
N/A
93.97
N/A
N/A
Five Year Return
N/A
-0.1
14.8
3.8
N/A
2.6
N/A
N/A
8.42
N/A
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(68.87 M)
N/A
N/A
One Year Return
9.2
5.5
34.3
8.4
N/A
11.6
N/A
N/A
-0.8
N/A
Beta
1.0
0.59
0.92
0.11
N/A
0.94
0.95
1.32
N/A
1.32
Equity Positions Weight
N/A
N/A
99.94
N/A
N/A
N/A
N/A
N/A
98.42
N/A
Cash Position Weight
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.58
N/A
Number Of Employees
N/A
N/A
N/A
N/A
N/A
1
N/A
N/A
N/A
2.93 K
Shares Outstanding
N/A
N/A
N/A
N/A
N/A
N/A
N/A
294.19 M
N/A
N/A
Three Year Return
0.8
-1.1
14.4
4.7
N/A
2.2
N/A
N/A
5.68
N/A
Cash Flow From Operations
N/A
N/A
N/A
N/A
N/A
N/A
N/A
97.33 K
N/A
738 M
Annual Yield
N/A
N/A
N/A
0.0539
N/A
N/A
N/A
N/A
N/A
0.0524
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
N/A
137.5 K
N/A
7.68 B
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-6.84
N/A
0.0477
Bond Positions Weight
71.19
92.2
N/A
48.56
N/A
97.03
N/A
N/A
N/A
N/A
Holdings Turnover
N/A
N/A
N/A
N/A
N/A
30.71
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.25
N/A
0.0273
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.21 K
N/A
8.1 K
Book Value Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.007
N/A
24.88
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
500
N/A
Total Asset
130.85 M
486.37 M
227.86 M
61.18 M
N/A
430.05 M
N/A
1.8 M
5.64 B
21.59 B
Last Dividend Paid
N/A
0.069
0.11
0.07
N/A
0.065
N/A
N/A
N/A
1.05
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.58
N/A
1.62
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.15
N/A
N/A
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
52.87
Market Capitalization
N/A
N/A
N/A
N/A
N/A
N/A
N/A
10.3 M
N/A
N/A
Price To Earning
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Sales
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.39
N/A
N/A
Net Income
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(1.81 M)
N/A
283 M
Earnings Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.89
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
N/A
42.24
N/A
N/A
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
7.47 M
N/A
10.57 B
Ten Year Return
N/A
N/A
N/A
3.2
N/A
3.4
N/A
N/A
N/A
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(2.31 M)
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
N/A
403.2 K
N/A
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
N/A
663.58 K
N/A
2.87 B
Day Typical Price
22.23
18.99
48.49
17.06
30.29
19.63
10.62
0.0333
28.25
19.22
Accumulation Distribution
24.23
N/A
3.17
0.41
N/A
21.96
9.53
79635.86
N/A
5.14
Market Facilitation Index
0.0
N/A
1.0E-4
0.0
N/A
0.0
1.0E-4
N/A
N/A
1.0E-4
Daily Balance Of Power
0.5556
9.2 T
1.0
(1.00)
9.2 T
1.285714
(0.42)
(1.00)
(9,223,372,036,855)
0.6667
Period Momentum Indicator
0.05
0.13
0.11
(0.01)
0.26
0.09
(0.05)
(0.01)
(0.12)
0.06
Rate Of Daily Change
1.0
1.01
1.0
1.0
1.01
1.0
1.0
0.88
1.0
1.0
Day Median Price
22.24
18.99
48.48
17.06
30.29
19.63
10.6
0.0325
28.25
19.2
Price Action Indicator
(0.02)
0.065
0.1
N/A
0.13
0.05
0.035
N/A
(0.06)
0.075
Relative Strength Index
50.03
34.53
75.55
60.73
16.14
66.69
41.99
44.76
69.6
47.87
Coefficient Of Variation
4681.63
(1,924)
630.42
1499.16
(1,082)
1284.94
2389.32
3383.91
605.27
21769.09
Mean Deviation
0.2273
0.236
0.4734
0.3162
0.14
0.1868
0.8118
6.23
0.5032
0.5068
Jensen Alpha
0.0015
(0.03)
0.0558
0.036
(0.04)
0.0127
0.0146
0.4916
0.0927
0.0069
Total Risk Alpha
(0.05)
(0.08)
(0.01)
(0.06)
(0.08)
(0.03)
(0.15)
(1.54)
(0)
(0.12)
Sortino Ratio
(0.37)
N/A
(0.01)
(0.15)
N/A
(0.49)
(0.05)
0.0102
(0.02)
(0.17)
Downside Variance
0.1103
N/A
0.6841
0.366
N/A
0.052
2.94
478.13
0.5125
0.5698
Standard Deviation
0.3111
0.3135
0.7697
0.5768
0.2929
0.234
1.25
11.96
0.7244
0.7047
Kurtosis
0.9781
0.9694
5.53
12.11
15.02
0.1136
1.41
1.43
4.08
1.03
Potential Upside
0.5909
0.4246
1.21
0.7625
0.4222
0.41
2.2
25.0
1.07
1.15
Treynor Ratio
0.0837
(0.42)
0.2405
(0.46)
3.71
(0.22)
0.1844
(0.28)
0.7784
0.0598
Maximum Drawdown
1.65
1.74
4.62
5.22
2.35
1.07
6.42
50.0
4.34
3.73
Variance
0.0968
0.0983
0.5924
0.3327
0.0858
0.0548
1.56
143.12
0.5247
0.4966
Market Risk Adjusted Performance
0.0937
(0.41)
0.2505
(0.45)
3.72
(0.21)
0.1944
(0.27)
0.7884
0.0698
Risk Adjusted Performance
0.0017
(0.05)
0.1217
0.0479
(0.09)
0.0369
0.0359
0.032
0.1261
0.0026
Skewness
0.1352
0.1308
0.4578
0.5812
(2.72)
0.4876
(0.46)
0.5274
0.6371
(0.17)
Semi Deviation
0.2755
N/A
0.5345
0.4418
N/A
0.1335
1.11
8.17
0.5013
0.6658
Information Ratio
(0.40)
(0.47)
(0.01)
(0.16)
(0.54)
(0.48)
(0.06)
0.0186
(0.02)
(0.18)
Value At Risk
(0.58)
(0.47)
(1.13)
(0.81)
(0.46)
(0.31)
(1.86)
(20.00)
(1.18)
(1.45)
Expected Short fall
(0.27)
N/A
(0.51)
(0.44)
N/A
(0.24)
(1.17)
(26.04)
(0.54)
(0.60)
Downside Deviation
0.3321
N/A
0.8271
0.605
N/A
0.228
1.71
21.87
0.7159
0.7548
Semi Variance
0.0759
N/A
0.2857
0.1951
N/A
0.0178
1.24
66.75
0.2513
0.4432

NBI Sustainable Competition Performance Charts

Five steps to successful analysis of NBI Sustainable Competition

NBI Sustainable'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 NBI Sustainable Canadian in relation to its competition. NBI Sustainable's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of NBI Sustainable 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 NBI Sustainable's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NBI Sustainable Canadian, 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 NBI Sustainable position

In addition to having NBI Sustainable 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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Other Information on Investing in NBI Etf

NBI Sustainable financial ratios help investors to determine whether NBI 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 NBI with respect to the benefits of owning NBI Sustainable security.
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