Aptus October Competition
| OCTB Etf | 25.66 0.04 0.16% |
Aptus October vs FT Cboe Correlation
No risk reduction
The correlation between Aptus October Buffer and DJUL is 0.99 (i.e., No risk reduction) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aptus October Buffer and DJUL in the same portfolio, assuming nothing else is changed.
Moving together with Aptus Etf
| 0.98 | VTI | Vanguard Total Stock | PairCorr |
| 0.97 | SPY | SPDR SP 500 | PairCorr |
| 0.97 | IVV | iShares Core SP | PairCorr |
| 0.69 | BND | Vanguard Total Bond | PairCorr |
| 0.9 | VTV | Vanguard Value Index | PairCorr |
Moving against Aptus Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aptus October'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.
Aptus October Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Aptus October 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 Aptus 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 Aptus October Buffer does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Aptus October Competition Risk-Adjusted Indicators
There is a big difference between Aptus Etf performing well and Aptus October 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 Aptus October'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 | 1.66 | (0.15) | 0.00 | (0.10) | 0.00 | 3.43 | 13.36 | |||
| MSFT | 1.26 | (0.41) | 0.00 | (2.17) | 0.00 | 1.78 | 13.28 | |||
| UBER | 1.51 | (0.33) | 0.00 | (0.37) | 0.00 | 2.46 | 10.23 | |||
| F | 1.23 | 0.03 | 0.02 | 0.07 | 1.22 | 3.38 | 7.16 | |||
| T | 0.95 | 0.11 | 0.07 | 0.54 | 0.94 | 2.02 | 4.31 | |||
| A | 1.21 | (0.17) | 0.00 | (0.09) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.65 | (0.40) | 0.00 | (0.33) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.13 | 0.00 | 0.01 | 0.04 | 1.63 | 2.18 | 7.38 | |||
| MRK | 1.30 | 0.43 | 0.30 | 0.61 | 1.09 | 3.59 | 8.09 | |||
| XOM | 1.14 | 0.33 | 0.22 | (21.90) | 0.99 | 2.41 | 5.85 |
Aptus October Competitive Analysis
The better you understand Aptus October competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Aptus October'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 Aptus October'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 |
Aptus October Competition Performance Charts
Five steps to successful analysis of Aptus October Competition
Aptus October'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 Aptus October Buffer in relation to its competition. Aptus October's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Aptus October 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 Aptus October's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Aptus October Buffer, 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 Aptus October position
In addition to having Aptus October 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?
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Check out Aptus October Correlation with its peers. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Aptus October Buffer is measured differently than its book value, which is the value of Aptus that is recorded on the company's balance sheet. Investors also form their own opinion of Aptus October's value that differs from its market value or its book value, called intrinsic value, which is Aptus October's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aptus October's market value can be influenced by many factors that don't directly affect Aptus October'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 Aptus October's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Aptus October should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Aptus October's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.