Compare AQR to FEDERATED, Legg, Pace, Touchstone, NUVEEN, Quantitative

Comparing AQR to FEDERATED, Legg, Pace, Touchstone, NUVEEN, Quantitative can provide valuable insights into potential diversification opportunities when combining these positions into a portfolio. By using this module, you can analyze the advantages of specified entities, assessing both technical and fundamental indicators across various peers. Please use the input box below to enter the symbols for specific investments you'd like to analyze. Check out your portfolio center.

Specify up to 10 symbols:

Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between positions in your portfolio represents the degree of relationship between the price movements of corresponding instruments. A correlation of about +1.0 implies that the prices 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.

	QCERX	FMSTX	LBWCX	PLAAX	TFCCX	NWCAX	GQLVX
QCERX		0.95	0.96	0.92	0.91	0.92	0.97	QCERX
FMSTX	0.95		0.95	0.96	0.95	0.94	0.94	FMSTX
LBWCX	0.96	0.95		0.9	0.94	0.88	0.96	LBWCX
PLAAX	0.92	0.96	0.9		0.92	0.99	0.89	PLAAX
TFCCX	0.91	0.95	0.94	0.92		0.9	0.87	TFCCX
NWCAX	0.92	0.94	0.88	0.99	0.9		0.87	NWCAX
GQLVX	0.97	0.94	0.96	0.89	0.87	0.87		GQLVX
	QCERX	FMSTX	LBWCX	PLAAX	TFCCX	NWCAX	GQLVX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between a company's stock performing well and the company itself 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 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
QCERX	0.64	0.11	0.00	1.79	0.72	(0.70)	1.52	(1.22)	4.31
FMSTX	0.52	0.05	0.05	0.18	0.33	(0.61)	1.13	(0.89)	3.58
LBWCX	0.59	0.13	0.01	(42.30)	0.36	(0.73)	1.27	(0.93)	4.72
PLAAX	0.62	0.00	(0.02)	0.12	0.95	(0.59)	1.45	(1.94)	4.19
TFCCX	0.50	0.02	(0.02)	0.14	0.38	(0.58)	0.93	(0.98)	3.59
NWCAX	0.77	(0.02)	(0.02)	0.09	1.18	(0.73)	1.80	(2.37)	5.27
GQLVX	0.59	0.10	(0.02)	1.42	0.42	(0.70)	1.28	(0.86)	3.59

Unable to evaluate fundamental data of [QCERX, FMSTX, LBWCX, PLAAX, TFCCX, NWCAX, GQLVX] at this time. Please try again later

All Fundamental Data

Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	QCERX	FMSTX	LBWCX	PLAAX	TFCCX	NWCAX	GQLVX
	0.69 21.56 AQR	0.19 37.58 FEDERATED	0.73 23.21 Legg	1.03 17.68 Pace	0.83 20.63 Touchstone	1.09 65.06 NUVEEN	1.06 14.91 Quantitative
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	Solid	Good	Good	Good	OK	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Buy	Cautious Hold	Strong Hold	Buy	Strong Hold	Strong Hold
Net Asset	1.95 B	1.08 B	989.75 M	788.45 M	273.82 M	739.77 M	1.51 M
Minimum Initial Investment	50 M	N/A	N/A	N/A	N/A	N/A	N/A
Price To Book	2.31 X	1.40 X	2.00 X	3.93 X	2.44 X	5.21 X	N/A
Five Year Return	15.37 %	14.59 %	11.00 %	16.41 %	9.57 %	18.28 %	9.73 %
One Year Return	33.13 %	40.23 %	33.48 %	33.09 %	23.82 %	36.38 %	26.95 %
Last Dividend Paid	N/A	0.1	0.08	N/A	N/A	N/A	0.04
Price To Earning	16.23 X	2.81 X	15.68 X	27.25 X	18.26 X	24.04 X	N/A
Price To Sales	1.39 X	0.83 X	1.38 X	3.51 X	1.78 X	3.16 X	N/A
Cash Position Weight	1.06 %	1.88 %	0.84 %	2.02 %	0.97 %	0.55 %	0.71 %
Equity Positions Weight	95.04 %	98.12 %	99.15 %	97.97 %	99.03 %	99.45 %	99.29 %
Three Year Return	10.73 %	13.35 %	9.65 %	7.04 %	5.78 %	7.45 %	7.47 %
Annual Yield	0.01 %	0.01 %	0 %	N/A	N/A	N/A	0.02 %
Year To Date Return	26.30 %	30.24 %	25.19 %	28.02 %	19.37 %	29.18 %	18.84 %
Ten Year Return	N/A	10.35 %	N/A	14.00 %	N/A	15.38 %	N/A
Daily Balance Of Power	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)
Day Typical Price	21.56	37.58	23.21	17.68	20.63	65.06	14.91
Period Momentum Indicator	(0.15)	0.07	(0.17)	0.18	0.17	0.7	(0.16)
Rate Of Daily Change	0.99	1.0	0.99	1.01	1.01	1.01	0.99
Day Median Price	21.56	37.58	23.21	17.68	20.63	65.06	14.91
Price Action Indicator	(0.07)	0.035	(0.09)	0.09	0.085	0.35	(0.08)
Coefficient Of Variation	712.48	425.98	585.17	864.77	569.52	1139.16	630.81
Mean Deviation	0.6353	0.5174	0.585	0.6175	0.4984	0.7725	0.5853
Jensen Alpha	0.107	0.0529	0.1273	(0)	0.0152	(0.02)	0.0977
Total Risk Alpha	(0.02)	0.0441	0.0026	(0.05)	0.0034	(0.09)	(0.01)
Sortino Ratio	(0)	0.0532	0.0141	(0.02)	(0.02)	(0.02)	(0.02)
Downside Variance	0.8176	0.3416	0.3445	1.25	0.3758	1.87	0.3416
Standard Deviation	0.8876	0.6805	0.8011	0.9017	0.6594	1.12	0.7358
Kurtosis	2.19	1.71	6.05	1.18	3.68	1.81	1.3
Potential Upside	1.52	1.13	1.27	1.45	0.9326	1.8	1.28
Treynor Ratio	1.79	0.1834	(42.30)	0.1165	0.1386	0.093	1.42
Maximum Drawdown	4.31	3.58	4.72	4.19	3.59	5.27	3.59
Variance	0.7879	0.463	0.6417	0.8132	0.4348	1.26	0.5414
Market Risk Adjusted Performance	1.8	0.1934	(42.29)	0.1265	0.1486	0.103	1.43
Risk Adjusted Performance	0.1087	0.1782	0.1311	0.0899	0.1326	0.0703	0.1208
Skewness	(0.02)	0.5341	1.56	(0.57)	0.8759	(0.65)	0.7966
Semi Deviation	0.7185	0.3251	0.3638	0.9486	0.3832	1.18	0.4163
Information Ratio	(0)	0.0457	0.0103	(0.03)	(0.02)	(0.03)	(0.02)
Value At Risk	(1.22)	(0.89)	(0.93)	(1.94)	(0.98)	(2.37)	(0.86)
Expected Short fall	(0.70)	(0.61)	(0.73)	(0.59)	(0.58)	(0.73)	(0.70)
Downside Deviation	0.9042	0.5845	0.5869	1.12	0.613	1.37	0.5845
Semi Variance	0.5163	0.1057	0.1324	0.8998	0.1468	1.38	0.1733

Market Neutrality

One of the main advantages of trading using market-neutral strategies is that every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.

Please note, the success of pairs trading depends heavily on the modeling and forecasting of the spread time series. However, in general, pair trading minimizes risk from directional movements in the market unless the strategy's equities are perfectly correlated. For example, if an entire industry or sector drops because of unexpected headlines, the first equity's short position will appreciate offsetting losses from the drop in the long position's value.

Five steps to successful analysis of competition

Competitive analysis is the process of researching and evaluating the competitive landscape of a business entity. It provides an understanding of the company's strengths, weaknesses, opportunities, and threats (SWOT) in relation to its competition. The competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors across the sector or industry, 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 the competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats 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.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.

	Casinos Invested over 90 shares	Go
	Macroaxis Index Invested few shares	Go
	Warren Buffett Holdings Invested over 60 shares	Go
	Hedge Favorites Invested over 100 shares	Go
	Banking Invested over 20 shares	Go
	FinTech Invested over 40 shares	Go
	Investor Favorites Invested few shares	Go
	Cash Cows Invested few shares	Go
	Dividend Beast Invested over 50 shares	Go
	Manufacturing Invested over 30 shares	Go
	Chemicals Invested over 30 shares	Go
	Momentum Invested few shares	Go

Check out your portfolio center.

Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Complementary Tools

	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC