AAM Low Competition
| PFLD Etf | USD 19.77 0.03 0.15% |
AAM Low vs IShares MSCI Correlation
Almost no diversification
The correlation between AAM Low Duration and EWN is 0.94 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AAM Low Duration and EWN in the same portfolio, assuming nothing else is changed.
Moving together with AAM Etf
| 0.74 | PFF | iShares Preferred | PairCorr |
| 0.69 | FPE | First Trust Preferred | PairCorr |
| 0.83 | PGX | Invesco Preferred ETF | PairCorr |
| 0.9 | PFFD | Global X Preferred | PairCorr |
| 0.74 | VRP | Invesco Variable Rate | PairCorr |
Moving against AAM Etf
AAM Low Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between AAM Low 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 AAM 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 AAM Low Duration does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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AAM Low Constituents Risk-Adjusted Indicators
There is a big difference between AAM Etf performing well and AAM Low 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 AAM Low'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GREK | 0.98 | 0.23 | 0.17 | 0.52 | 0.81 | 2.33 | 5.61 | |||
| CLOU | 1.21 | (0.40) | 0.00 | (0.33) | 0.00 | 2.01 | 8.31 | |||
| DAX | 0.72 | 0.01 | (0.01) | 0.10 | 0.89 | 1.25 | 3.66 | |||
| PSP | 0.89 | 0.02 | (0.05) | (0.06) | 1.51 | 1.79 | 6.91 | |||
| BKCH | 4.16 | (0.47) | 0.00 | (0.10) | 0.00 | 8.62 | 24.92 | |||
| RWX | 0.54 | 0.06 | 0.02 | 0.22 | 0.63 | 1.04 | 2.62 | |||
| EWN | 0.90 | 0.09 | 0.08 | 0.18 | 0.98 | 2.01 | 4.87 |
AAM Low Competitive Analysis
The better you understand AAM Low competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, AAM Low'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 AAM Low'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 |
AAM Low Competition Performance Charts
Five steps to successful analysis of AAM Low Competition
AAM Low'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 AAM Low Duration in relation to its competition. AAM Low's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of AAM Low 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 AAM Low's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to AAM Low Duration, 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 AAM Low position
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Stores
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Check out AAM Low Correlation with its peers. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of AAM Low Duration is measured differently than its book value, which is the value of AAM that is recorded on the company's balance sheet. Investors also form their own opinion of AAM Low's value that differs from its market value or its book value, called intrinsic value, which is AAM Low's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because AAM Low's market value can be influenced by many factors that don't directly affect AAM Low'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 AAM Low's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding AAM Low should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, AAM Low's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.