Compare Nasdaq to Franklin, Pnc, Ashmore, Dws, Shelton, Western

Comparing Nasdaq to Franklin, Pnc, Ashmore, Dws, Shelton, Western 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.

	RYVLX	FEMDX	PIEFX	EMCIX	SEKRX	EMSLX	XEMDX
RYVLX		0.81	0.64	0.34	0.52	0.4	0.17	RYVLX
FEMDX	0.81		0.7	0.49	0.64	0.53	0.48	FEMDX
PIEFX	0.64	0.7		0.73	0.97	0.92	0.35	PIEFX
EMCIX	0.34	0.49	0.73		0.75	0.76	0.46	EMCIX
SEKRX	0.52	0.64	0.97	0.75		0.97	0.47	SEKRX
EMSLX	0.4	0.53	0.92	0.76	0.97		0.47	EMSLX
XEMDX	0.17	0.48	0.35	0.46	0.47	0.47		XEMDX
	RYVLX	FEMDX	PIEFX	EMCIX	SEKRX	EMSLX	XEMDX

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
RYVLX	1.56	(0.07)	0.02	0.09	2.27	(1.50)	3.08	(4.83)	10.29
FEMDX	0.15	0.04	(0.43)	(1.32)	0.00	(0.22)	0.42	(0.25)	1.08
PIEFX	0.81	0.02	(0.11)	(0.02)	0.98	(0.93)	1.82	(1.45)	4.54
EMCIX	0.16	0.00	(0.52)	0.28	0.14	(0.36)	0.52	(0.34)	1.22
SEKRX	0.78	0.01	(0.13)	0.07	0.99	(0.80)	1.85	(1.49)	5.33
EMSLX	0.73	(0.03)	0.00	10.78	0.00	0.00	1.76	(1.08)	6.36
XEMDX	0.23	(0.01)	(0.30)	(0.23)	0.30	(0.29)	0.55	(0.56)	1.68

Unable to evaluate fundamental data of [RYVLX, FEMDX, PIEFX, EMCIX, SEKRX, EMSLX, XEMDX] at this time. Please try again later

All Fundamental Data

Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	RYVLX	FEMDX	PIEFX	EMCIX	SEKRX	EMSLX	XEMDX
	0.30 572.76 Nasdaq	0.08 12.13 Franklin	0.06 15.72 Pnc	0.17 5.75 Ashmore	0.54 18.52 Dws	0.17 17.61 Shelton	0.47 10.69 Western
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)	Modest	Solid	Very Weak	Very Weak	Very Weak	Very Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	About Average
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Under 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)	Sell	Strong Sell	Strong Sell	Sell	Strong Sell	Strong Buy	Cautious Hold
Net Asset	735.68 M	524.95 M	64.61 M	79.65 M	345.14 M	26.47 M	N/A
Minimum Initial Investment	N/A	1000 K	1000 K	1000 K	N/A	N/A	N/A
Price To Book	4.56 X	N/A	N/A	N/A	N/A	N/A	N/A
Five Year Return	29.83 %	5.04 %	5.43 %	(0.81) %	0.01 %	N/A	N/A
One Year Return	53.27 %	18.97 %	15.00 %	12.99 %	11.33 %	N/A	N/A
Last Dividend Paid	N/A	0.8	0.05	0.04	0.32	0.04	0.09
Price To Earning	20.67 X	N/A	N/A	48.38 X	N/A	N/A	N/A
Price To Sales	2.92 X	N/A	N/A	1.25 X	N/A	N/A	N/A
Cash Position Weight	14.90 %	11.87 %	4.43 %	3.06 %	6.64 %	5.15 %	N/A
Equity Positions Weight	81.39 %	N/A	95.57 %	0.17 %	93.34 %	94.85 %	N/A
Three Year Return	4.31 %	5.26 %	(8.58) %	(3.37) %	(5.39) %	N/A	N/A
Annual Yield	N/A	0.03 %	0.01 %	0.05 %	0.02 %	0.01 %	N/A
Year To Date Return	36.97 %	12.35 %	13.52 %	8.90 %	7.20 %	N/A	N/A
Bond Positions Weight	N/A	81.05 %	N/A	93.70 %	N/A	N/A	N/A
Ten Year Return	32.76 %	4.16 %	N/A	N/A	2.21 %	N/A	N/A
Day Typical Price	572.76	12.13	15.72	5.75	18.52	17.61	10.69
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Period Momentum Indicator	1.69	0.01	0.01	(0.01)	(0.10)	(0.03)	(0.05)
Rate Of Daily Change	1.0	1.0	1.0	1.0	0.99	1.0	1.0
Day Median Price	572.76	12.13	15.72	5.75	18.52	17.61	10.69
Price Action Indicator	0.84	0.005	0.005	(0.01)	(0.05)	(0.01)	(0.03)
Relative Strength Index	62.98	64.98	36.82	69.91	29.67	23.85	32.04
Coefficient Of Variation	1220.96	455.42	7979.66	4309.19	91034.99	(4,811)	5366.96
Mean Deviation	1.56	0.1511	0.8057	0.1607	0.7761	0.7265	0.2322
Jensen Alpha	(0.07)	0.0377	0.0236	(0)	0.006	(0.03)	(0.01)
Total Risk Alpha	(0.18)	0.0026	(0.16)	(0.04)	(0.17)	(0.19)	(0.06)
Sortino Ratio	0.0199	(0.43)	(0.11)	(0.52)	(0.13)	N/A	(0.30)
Downside Variance	6.65	0.041	1.1	0.0586	1.02	N/A	0.1692
Standard Deviation	2.22	0.203	1.05	0.2397	1.03	1.02	0.3344
Kurtosis	1.31	1.64	0.1307	1.09	0.6735	2.57	1.31
Potential Upside	3.08	0.4205	1.82	0.5226	1.85	1.76	0.5545
Treynor Ratio	0.0874	(1.32)	(0.02)	0.2757	0.0718	10.78	(0.23)
Maximum Drawdown	10.29	1.08	4.54	1.22	5.33	6.36	1.68
Variance	4.94	0.0412	1.11	0.0574	1.06	1.05	0.1118
Market Risk Adjusted Performance	0.0974	(1.31)	(0.01)	0.2857	0.0818	10.79	(0.22)
Risk Adjusted Performance	0.0694	0.1406	0.0123	(0)	0.0034	(0.01)	0.0014
Skewness	(0.54)	0.7457	(0.06)	0.9279	0.1881	(0.29)	0.0607
Semi Deviation	2.27	0.0	0.9818	0.1418	0.9945	N/A	0.2952
Information Ratio	0.023	(0.42)	(0.11)	(0.52)	(0.13)	(0.15)	(0.37)
Value At Risk	(4.83)	(0.25)	(1.45)	(0.34)	(1.49)	(1.08)	(0.56)
Expected Short fall	(1.50)	(0.22)	(0.93)	(0.36)	(0.80)	N/A	(0.29)
Downside Deviation	2.58	0.2025	1.05	0.242	1.01	N/A	0.4114
Semi Variance	5.18	(0.03)	0.964	0.0201	0.9891	N/A	0.0871

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.

Use Investing Themes to Complement your positions

You can quickly originate your optimal portfoio 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 Iron Thematic Idea Now

Iron

Companies involved in production of steel and iron. The Iron theme has 45 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 Iron Theme or any other thematic opportunities.

View All Next

Launch

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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Other Complementary Tools

	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios.
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments

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