LG Clean Competition

RENW Etf

CHF 12.31 0.03 0.24%

LG Clean Energy competes with Amundi MSCI, Vanguard FTSE, Xtrackers MSCI, UBSFund Solutions, and Amundi Index; as well as few others. Analyzing LG Clean competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of LG Clean to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out LG Clean Correlation with its peers.

LG Clean vs HSBC MSCI Correlation

Very weak diversification

The correlation between LG Clean Energy and HPAW is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LG Clean Energy and HPAW in the same portfolio, assuming nothing else is changed.

Moving together with RENW Etf

0.95	LYNRJ	Amundi MSCI New	Pair Corr
0.94	CWEUSD	Amundi Index Solutions	Pair Corr
0.78	GGMUSY	UBS ETF plc	Pair Corr
0.8	AUCO	LG Gold Mining	Pair Corr

Moving against RENW Etf

0.69	ASOL	21Shares Solana staking	Pair Corr
0.65	AXRP	21Shares Ripple XRP	Pair Corr

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Hype

Prediction

Low	Estimated	High
11.40	12.95	14.50

Details

Intrinsic

Valuation

Low	Real	High
11.28	12.83	14.38

Details

LG Clean Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between LG Clean 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 RENW 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 LG Clean Energy does not affect the price movement of the other competitor.

	LYNRJ	VUKE	XMJP	EMUEUA	C50	EUREUA	JPNY	SXXEEX	HPAW
LYNRJ		0.87	0.91	0.81	0.88	0.9	0.91	0.9	0.46	LYNRJ
VUKE	0.87		0.87	0.96	0.94	0.97	0.89	0.94	0.66	VUKE
XMJP	0.91	0.87		0.83	0.9	0.9	0.97	0.91	0.45	XMJP
EMUEUA	0.81	0.96	0.83		0.95	0.96	0.86	0.94	0.75	EMUEUA
C50	0.88	0.94	0.9	0.95		0.96	0.9	0.99	0.73	C50
EUREUA	0.9	0.97	0.9	0.96	0.96		0.93	0.97	0.66	EUREUA
JPNY	0.91	0.89	0.97	0.86	0.9	0.93		0.92	0.46	JPNY
SXXEEX	0.9	0.94	0.91	0.94	0.99	0.97	0.92		0.7	SXXEEX
HPAW	0.46	0.66	0.45	0.75	0.73	0.66	0.46	0.7		HPAW
	LYNRJ	VUKE	XMJP	EMUEUA	C50	EUREUA	JPNY	SXXEEX	HPAW

LG Clean Constituents Risk-Adjusted Indicators

There is a big difference between RENW Etf performing well and LG Clean 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 LG Clean'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
LYNRJ	0.73	0.14	0.07	0.89	0.89	(0.86)	1.75	(1.81)	5.92
VUKE	0.63	0.10	0.04	2.30	0.71	(0.73)	1.45	(1.23)	4.18
XMJP	0.93	0.22	0.15	0.62	0.88	(1.05)	2.06	(1.95)	5.16
EMUEUA	0.53	0.07	0.03	0.33	0.59	(0.68)	1.37	(1.31)	3.87
C50	0.63	0.09	0.05	0.45	0.64	(0.70)	1.30	(1.09)	3.74
EUREUA	0.54	0.13	0.09	1.38	0.55	(0.56)	1.42	(1.19)	3.34
JPNY	0.72	0.22	0.16	9.59	0.57	(0.80)	1.83	(1.38)	4.16
SXXEEX	0.51	0.10	0.06	1.01	0.47	(0.64)	1.31	(0.87)	3.39
HPAW	0.51	(0.01)	(0.08)	0.00	0.64	(0.55)	1.38	(1.14)	2.93

LG Clean Competitive Analysis

The better you understand LG Clean competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, LG Clean'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 LG Clean'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

	RENW	LYNRJ	VUKE	XMJP	EMUEUA	C50	EUREUA	JPNY	SXXEEX	HPAW
	0.24 12.31 RENW	1.17 34.64 Amundi	0.74 47.79 Vanguard	0.67 17,806 Xtrackers	0.22 183.80 UBSFund	0.01 157.90 Amundi	0.36 100.76 UBS	1.28 42,715 Amundi	0.49 63.50 IShares	1.19 34.82 HSBC
Market Volatility (90 Days Market Risk)	Not too volatile	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Good	Solid	Solid	Solid	Good	Good	Solid	Solid	Solid	Mild
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Unknown
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Fairly Valued	Under Valued	Over Valued	Over Valued	Under Valued	Under Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Buy	Buy	Strong Buy	Strong Buy	Strong Hold	Strong Buy	Strong Buy	Strong Buy	Hold
Price To Sales	N/A	N/A	N/A	0.74	0.87	0.91	1.11	N/A	N/A	N/A
Equity Positions Weight	N/A	N/A	98.96	53.83	98.92	99.45	99.91	49.93	99.63	N/A
Three Year Return	9.5	0.7	13.5	21.3	14.8	15.5	7.03	27.3	14.9	N/A
Net Asset	N/A	92 M	3.63 B	2.04 B	2.11 B	1.48 B	269.65 M	N/A	1.62 B	N/A
Price To Book	N/A	N/A	N/A	1.16	1.39	1.31	1.69	N/A	N/A	N/A
Five Year Return	1.0	-2.3	13.6	8.4	11.8	13.3	5.89	16.9	11.9	N/A
One Year Return	72.4	51.5	23.4	42.1	15.9	12.0	1.36	42.2	16.1	N/A
Last Dividend Paid	N/A	N/A	0.24	N/A	N/A	N/A	1.39	N/A	0.11	N/A
Bond Positions Weight	N/A	N/A	N/A	N/A	N/A	N/A	N/A	49.68	N/A	N/A
Ten Year Return	N/A	11.0	10.2	11.0	10.7	N/A	N/A	N/A	11.0	N/A
Price To Earning	N/A	N/A	N/A	15.5	14.77	14.19	16.73	N/A	N/A	N/A
Day Typical Price	12.31	34.71	47.79	17782.67	183.8	157.71	100.79	42715.0	63.82	34.82
Accumulation Distribution	N/A	0.006	N/A	0.0039	N/A	0.0068	0.85	N/A	0.0147	N/A
Market Facilitation Index	N/A	0.21	N/A	70.0	N/A	1.08	1.0E-4	N/A	0.95	N/A
Daily Balance Of Power	9.2 T	(1.95)	9.2 T	(1.71)	9.2 T	(0.02)	4.5	0	(0.33)	0
Period Momentum Indicator	0.03	(0.41)	0.35	(120.00)	0.4	(0.02)	0.36	(555.00)	(0.31)	(0.42)
Rate Of Daily Change	1.0	0.99	1.01	0.99	1.0	1.0	1.0	0.99	1.0	0.99
Day Median Price	12.31	34.75	47.79	17771.0	183.8	157.62	100.8	42715.0	63.98	34.82
Price Action Indicator	0.015	(0.31)	0.18	(25.00)	0.2	0.27	0.14	(277.50)	(0.63)	(0.21)
Coefficient Of Variation	770.91	649.77	799.08	482.61	776.02	724.41	504.87	418.48	624.29	6423.36
Mean Deviation	1.28	0.7265	0.6289	0.9337	0.5292	0.6343	0.5368	0.7222	0.5142	0.509
Jensen Alpha	0.1919	0.1433	0.0951	0.2156	0.0707	0.0855	0.1285	0.2212	0.0955	(0.01)
Total Risk Alpha	0.0916	0.0747	0.0338	0.1496	0.0308	0.0403	0.0802	0.1503	0.0498	(0.05)
Sortino Ratio	0.0803	0.0656	0.0427	0.1543	0.0286	0.0512	0.0932	0.1606	0.0571	(0.08)
Downside Variance	4.38	2.05	0.7801	1.34	0.851	0.5761	0.6367	1.03	0.5302	0.5247
Standard Deviation	1.83	1.06	0.8606	1.2	0.7473	0.7883	0.7286	0.9734	0.6961	0.6777
Kurtosis	2.63	2.58	2.12	0.1846	1.03	(0.05)	0.3653	0.67	0.9735	(0.01)
Potential Upside	3.29	1.75	1.45	2.06	1.37	1.3	1.42	1.83	1.31	1.38
Treynor Ratio	0.3798	0.8889	2.3	0.6175	0.3306	0.4457	1.38	9.59	1.01	0.0044
Maximum Drawdown	10.25	5.92	4.18	5.16	3.87	3.74	3.34	4.16	3.39	2.93
Variance	3.36	1.13	0.7406	1.44	0.5585	0.6214	0.5308	0.9475	0.4845	0.4593
Market Risk Adjusted Performance	0.3898	0.8989	2.31	0.6275	0.3406	0.4557	1.39	9.6	1.02	0.0144
Risk Adjusted Performance	0.1103	0.1266	0.1016	0.1705	0.1032	0.1112	0.1588	0.1945	0.1277	0.0107
Skewness	(0.72)	(0.66)	(0.36)	(0.18)	(0.24)	(0.11)	(0.26)	0.0774	0.0804	0.1411
Semi Deviation	1.74	0.8937	0.7134	0.8787	0.5918	0.6403	0.5514	0.5667	0.4676	0.6371
Information Ratio	0.0916	0.0881	0.0439	0.1489	0.0353	0.0493	0.1021	0.1671	0.0597	(0.09)
Value At Risk	(2.38)	(1.81)	(1.23)	(1.95)	(1.31)	(1.09)	(1.19)	(1.38)	(0.87)	(1.14)
Expected Short fall	(1.48)	(0.86)	(0.73)	(1.05)	(0.68)	(0.70)	(0.56)	(0.80)	(0.64)	(0.55)
Downside Deviation	2.09	1.43	0.8832	1.16	0.9225	0.759	0.7979	1.01	0.7281	0.7244
Semi Variance	3.04	0.7986	0.5089	0.772	0.3502	0.41	0.3041	0.3212	0.2187	0.4058

LG Clean Competition Performance Charts

Five steps to successful analysis of LG Clean Competition

LG Clean'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 LG Clean Energy in relation to its competition. LG Clean's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of LG Clean 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 LG Clean's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to LG Clean Energy, 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.

Complement your LG Clean position

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Other Information on Investing in RENW Etf

LG Clean financial ratios help investors to determine whether RENW Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RENW with respect to the benefits of owning LG Clean security.

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