National Security Competition
| NSI Etf | 35.87 0.96 2.61% |
National Security vs PGIM ETF Correlation
Very poor diversification
The correlation between National Security Emerging and PJFM is 0.86 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding National Security Emerging and PJFM in the same portfolio, assuming nothing else is changed.
Moving together with National Etf
| 0.94 | VWO | Vanguard FTSE Emerging | PairCorr |
| 0.99 | IEMG | iShares Core MSCI | PairCorr |
| 0.96 | EMC | Global X Funds | PairCorr |
| 0.99 | EEM | iShares MSCI Emerging | PairCorr |
| 0.98 | SPEM | SPDR Portfolio Emerging | PairCorr |
Moving against National Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of National Security'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.
National Security Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between National Security 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 National 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 National Security does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
National Security Constituents Risk-Adjusted Indicators
There is a big difference between National Etf performing well and National Security 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 National Security'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ASMF | 0.54 | 0.06 | 0.06 | 0.13 | 0.59 | 1.29 | 2.27 | |||
| JADE | 0.66 | 0.13 | 0.12 | 0.23 | 0.71 | 1.86 | 3.76 | |||
| GSIB | 0.70 | 0.19 | 0.20 | 0.24 | 0.71 | 1.65 | 3.96 | |||
| MEMS | 0.75 | 0.00 | (0.01) | 0.04 | 0.91 | 1.33 | 3.42 | |||
| GYLD | 0.51 | 0.06 | 0.03 | 0.22 | 0.73 | 1.14 | 4.75 | |||
| NVDD | 1.70 | 0.02 | (0.02) | 0.00 | 2.18 | 3.74 | 9.75 | |||
| JLQD | 0.15 | (0.02) | 0.00 | (0.10) | 0.00 | 0.29 | 0.76 | |||
| NEWZ | 0.73 | (0.14) | 0.00 | (0.11) | 0.00 | 1.26 | 3.84 | |||
| CCSB | 0.20 | 0.01 | (0.04) | 1.00 | 0.53 | 0.20 | 3.89 | |||
| PJFM | 0.65 | 0.06 | 0.06 | 0.10 | 0.72 | 1.62 | 3.09 |
National Security Competitive Analysis
The better you understand National Security competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, National Security'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 National Security'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 |
National Security Competition Performance Charts
Five steps to successful analysis of National Security Competition
National Security'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 National Security in relation to its competition. National Security's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of National Security 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 National Security's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to National Security, 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 National Security position
In addition to having National Security 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 Monster Funds Thematic Idea Now
Monster Funds
Solid funds with above average long term performance indicators based on Macroaxis rating system. The Monster Funds theme has 32 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 Monster Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out National Security Correlation with its peers. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Investors evaluate National Security using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating National Security's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause National Security's market price to deviate significantly from intrinsic value.
It's important to distinguish between National Security's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding National Security should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, National Security's market price signifies the transaction level at which participants voluntarily complete trades.