Rayliant Asset Competition
| RAYC Etf | USD 18.10 0.00 0.00% |
Rayliant Asset vs First Trust Correlation
Significant diversification
The correlation between Rayliant Asset Management and FPA is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rayliant Asset Management and FPA in the same portfolio, assuming nothing else is changed.
Moving against Rayliant Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rayliant Asset'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.
Rayliant Asset Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Rayliant Asset 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 Rayliant 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 Rayliant Asset Management does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Rayliant Asset Competition Risk-Adjusted Indicators
There is a big difference between Rayliant Etf performing well and Rayliant Asset 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 Rayliant Asset'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 | 1.60 | (0.03) | (0.01) | 0.02 | 2.40 | 3.43 | 13.02 | |||
| MSFT | 1.24 | (0.29) | 0.00 | (1.12) | 0.00 | 1.85 | 4.90 | |||
| UBER | 1.47 | (0.24) | 0.00 | (0.26) | 0.00 | 2.50 | 10.23 | |||
| F | 1.47 | 0.18 | 0.10 | 0.52 | 1.32 | 3.65 | 16.30 | |||
| T | 0.88 | (0.03) | 0.00 | (0.14) | 0.00 | 1.63 | 4.30 | |||
| A | 1.19 | (0.22) | 0.00 | (0.12) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.53 | (0.30) | 0.00 | (0.24) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.11 | 0.04 | (0.01) | (0.50) | 1.66 | 2.00 | 7.38 | |||
| MRK | 1.26 | 0.30 | 0.21 | 0.47 | 1.14 | 3.59 | 8.09 | |||
| XOM | 1.06 | 0.24 | 0.18 | 0.45 | 0.96 | 2.38 | 5.82 |
Rayliant Asset Competitive Analysis
The better you understand Rayliant Asset competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Rayliant Asset'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 Rayliant Asset'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 |
Rayliant Asset Competition Performance Charts
Five steps to successful analysis of Rayliant Asset Competition
Rayliant Asset'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 Rayliant Asset Management in relation to its competition. Rayliant Asset's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Rayliant Asset 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 Rayliant Asset's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Rayliant Asset Management, 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 Rayliant Asset position
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Recycling
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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 Recycling 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 services. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Rayliant Asset Management is measured differently than its book value, which is the value of Rayliant that is recorded on the company's balance sheet. Investors also form their own opinion of Rayliant Asset's value that differs from its market value or its book value, called intrinsic value, which is Rayliant Asset's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Rayliant Asset's market value can be influenced by many factors that don't directly affect Rayliant Asset'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 Rayliant Asset's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Rayliant Asset should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Rayliant Asset's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.