PHT Competition
| PHT Etf | USD 8.47 0.00 0.00% |
PHT vs INSI Correlation
PHT Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between PHT 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 PHT 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 PHT does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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PHT Competition Risk-Adjusted Indicators
There is a big difference between PHT Etf performing well and PHT 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 PHT'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 | 1.51 | 0.02 | (0.01) | 0.11 | 1.55 | 3.43 | 13.69 | |||
| MSFT | 1.32 | (0.41) | 0.00 | (0.89) | 0.00 | 1.85 | 13.28 | |||
| UBER | 1.55 | (0.47) | 0.00 | (0.70) | 0.00 | 2.41 | 11.09 | |||
| F | 1.22 | 0.03 | 0.02 | 0.11 | 1.20 | 3.38 | 7.16 | |||
| T | 0.94 | 0.16 | 0.09 | 1.52 | 0.83 | 2.02 | 4.32 | |||
| A | 1.21 | (0.26) | 0.00 | (0.14) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.71 | (0.54) | 0.00 | (0.39) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.20 | (0.04) | 0.00 | 0.05 | 1.67 | 2.34 | 7.38 | |||
| MRK | 1.26 | 0.56 | 0.43 | 0.97 | 0.69 | 3.59 | 8.09 | |||
| XOM | 1.17 | 0.41 | 0.26 | 3.45 | 0.94 | 2.69 | 5.85 |
PHT Competitive Analysis
The better you understand PHT competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, PHT'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 PHT'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 |
PHT Competition Performance Charts
Five steps to successful analysis of PHT Competition
PHT'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 PHT in relation to its competition. PHT's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of PHT 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 PHT's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to PHT, 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 PHT position
In addition to having PHT 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 Plastics Thematic Idea Now
Plastics
Companies manufacturing rubber and plastics accessories. The Plastics theme has 40 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 Plastics Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of PHT is measured differently than its book value, which is the value of PHT that is recorded on the company's balance sheet. Investors also form their own opinion of PHT's value that differs from its market value or its book value, called intrinsic value, which is PHT'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 PHT's market value can be influenced by many factors that don't directly affect PHT'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 PHT's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding PHT should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, PHT's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.