Relief Competitors
| RLFTF Stock | USD 5.36 0.22 3.94% |
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Relief |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Relief Therapeutics' 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.
Relief Therapeutics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Relief Therapeutics and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Relief 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 Relief Therapeutics does not affect the price movement of the other competitor.
| 0.61 | 0.65 | 0.25 | 0.35 | 0.0 | -0.17 | ADI | ||
| 0.61 | 0.48 | 0.76 | 0.72 | 0.0 | -0.3 | ENTG | ||
| 0.65 | 0.48 | 0.46 | 0.43 | 0.0 | -0.4 | NB | ||
| 0.25 | 0.76 | 0.46 | 0.7 | 0.0 | -0.55 | VINS | ||
| 0.35 | 0.72 | 0.43 | 0.7 | 0.0 | -0.21 | VLN | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | CHMN | ||
| -0.17 | -0.3 | -0.4 | -0.55 | -0.21 | 0.0 | TSEM | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Relief OTC Stock performing well and Relief Therapeutics OTC Stock 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 Relief Therapeutics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ADI | 1.52 | (0.24) | 0.00 | (0.03) | 0.00 | 2.90 | 9.32 | |||
| ENTG | 1.96 | (0.27) | 0.00 | (0.05) | 0.00 | 3.08 | 12.71 | |||
| NB | 3.33 | (0.41) | 0.00 | (0.61) | 0.00 | 5.33 | 28.43 | |||
| VINS | 0.19 | (0.09) | 0.00 | 0.77 | 0.00 | 0.00 | 6.25 | |||
| VLN | 2.96 | (0.08) | 0.00 | (0.49) | 0.00 | 7.07 | 18.82 | |||
| CHMN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TSEM | 1.83 | (0.04) | 0.01 | 0.10 | 2.62 | 3.85 | 16.72 |
Relief Therapeutics Competitive Analysis
The better you understand Relief Therapeutics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Relief Therapeutics' 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 Relief Therapeutics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Relief Therapeutics Competition Performance Charts
Five steps to successful analysis of Relief Therapeutics Competition
Relief Therapeutics' 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 Relief Therapeutics in relation to its competition. Relief Therapeutics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Relief Therapeutics 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 Relief Therapeutics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Relief Therapeutics, 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 Relief Therapeutics position
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Healthcare
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 constituents at this time.
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Other Information on Investing in Relief OTC Stock
Relief Therapeutics financial ratios help investors to determine whether Relief OTC Stock 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 Relief with respect to the benefits of owning Relief Therapeutics security.