Shenkman Short Competition

SCFIX Fund

USD 9.84 0.04 0.40%

Shenkman Short Duration competes with Deutsche Real, Dunham Real, Msif Us, Amg Managers, and Columbia Real; as well as few others. The fund is listed under High Yield Bond category and is part of Shenkman Funds family. Analyzing Shenkman Short 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 Shenkman Short to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Shenkman Short Correlation with its peers.

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Hype

Prediction

Low	Estimated	High
9.80	9.88	9.96

Details

Intrinsic

Valuation

Low	Real	High
9.00	9.08	10.87

Details

Shenkman Short Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Shenkman Short and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Shenkman 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 Shenkman Short Duration does not affect the price movement of the other competitor.

	RRRZX	DAREX	MURSX	MRESX	CREYX	TIREX
RRRZX		0.72	0.23	0.99	0.91	0.98	RRRZX
DAREX	0.72		0.23	0.79	0.77	0.65	DAREX
MURSX	0.23	0.23		0.2	0.47	0.21	MURSX
MRESX	0.99	0.79	0.2		0.9	0.96	MRESX
CREYX	0.91	0.77	0.47	0.9		0.9	CREYX
TIREX	0.98	0.65	0.21	0.96	0.9		TIREX
	RRRZX	DAREX	MURSX	MRESX	CREYX	TIREX

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Risk-Adjusted Indicators

There is a big difference between Shenkman Mutual Fund performing well and Shenkman Short Mutual Fund 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 Shenkman Short'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
RRRZX	0.71	0.06	(0.06)	1.49	0.81	(0.72)	1.35	(1.37)	3.82
DAREX	0.69	0.01	(0.05)	0.14	0.85	(0.69)	1.37	(1.56)	3.85
MURSX	0.45	0.08	(0.05)	2.10	0.35	(0.74)	1.28	(0.80)	3.61
MRESX	0.67	0.05	(0.06)	0.73	0.77	(0.73)	1.26	(1.33)	3.43
CREYX	0.68	0.05	(0.04)	0.36	0.75	(0.74)	1.31	(1.31)	3.61
TIREX	0.70	0.04	(0.07)	0.50	0.79	(0.76)	1.25	(1.36)	3.56

Unable to evaluate fundamental data of [RRRZX, DAREX, MURSX, MRESX, CREYX, TIREX] at this time. Please try again later

All Fundamental Data

Shenkman Short Competitive Analysis

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

	SCFIX	RRRZX	DAREX	MURSX	MRESX	CREYX	TIREX
	0.40 9.84 Shenkman	0.54 24.02 Deutsche	0.20 15.36 Dunham	0.00 10.26 Msif	0.65 12.47 Amg	0.59 11.70 Columbia	0.56 19.60 Tiaa-cref
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)	Solid	Modest	OK	OK	Modest	OK	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly 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
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Cautious Hold	Hold	Strong Hold	Cautious Hold	Cautious Hold	Sell
Net Asset	1.56 B	1.27 B	75.53 M	312.53 M	222.06 M	321.38 M	2.11 B
Minimum Initial Investment	N/A	N/A	N/A	10 M	N/A	N/A	2 M
Price To Book	N/A	2.55 X	2.26 X	2.75 X	2.35 X	N/A	2.62 X
Five Year Return	3.83 %	4.94 %	0.69 %	3.06 %	5.58 %	6.94 %	5.24 %
One Year Return	8.12 %	25.75 %	25.54 %	29.03 %	27.42 %	29.96 %	25.19 %
Last Dividend Paid	0.02	0.1	N/A	0.03	0.05	0.07	0.09
Price To Earning	N/A	29.26 X	31.27 X	35.65 X	25.86 X	N/A	3.63 X
Price To Sales	N/A	7.60 X	6.00 X	7.76 X	6.60 X	N/A	6.62 X
Cash Position Weight	2.61 %	0.81 %	0.10 %	0.37 %	0.77 %	0.93 %	2.05 %
Equity Positions Weight	N/A	99.19 %	99.90 %	98.44 %	99.23 %	99.07 %	97.95 %
Three Year Return	4.26 %	0.15 %	(7.72) %	1.76 %	1.04 %	2.63 %	(1.58) %
Annual Yield	0 %	0.02 %	0.02 %	0.02 %	0.02 %	0.01 %	0.03 %
Year To Date Return	5.92 %	13.90 %	12.70 %	17.02 %	13.89 %	15.39 %	12.19 %
Bond Positions Weight	10.31 %	N/A	N/A	N/A	N/A	N/A	N/A
Ten Year Return	N/A	9.29 %	9.49 %	4.85 %	8.99 %	8.17 %	10.29 %
Day Typical Price	9.84	24.02	15.36	10.26	12.47	11.7	19.6
Daily Balance Of Power	(9,223,372,036,855)	9.2 T	9.2 T	0.0	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)
Period Momentum Indicator	(0.04)	0.13	0.03	N/A	0.08	(0.07)	(0.11)
Rate Of Daily Change	1.0	1.01	1.0	1.0	1.01	0.99	0.99
Day Median Price	9.84	24.02	15.36	10.26	12.47	11.7	19.6
Price Action Indicator	(0.02)	0.065	0.015	N/A	0.04	(0.04)	(0.06)
Relative Strength Index	77.93	53.82	49.24	60.49	52.53	55.57	52.49
Coefficient Of Variation	389.41	1196.55	1148.03	679.35	1102.71	923.18	1242.16
Mean Deviation	0.0607	0.7087	0.6868	0.4508	0.6717	0.6753	0.6961
Jensen Alpha	0.006	0.0573	0.0123	0.0788	0.0541	0.0542	0.0446
Total Risk Alpha	(0)	(0.07)	(0.06)	(0.01)	(0.06)	(0.04)	(0.07)
Sortino Ratio	(0.86)	(0.06)	(0.05)	(0.05)	(0.06)	(0.04)	(0.07)
Downside Variance	0.0149	0.8398	0.9212	0.4644	0.7205	0.7165	0.7418
Standard Deviation	0.0783	0.8624	0.8546	0.634	0.8184	0.826	0.8436
Kurtosis	0.2844	(0.26)	0.0444	1.26	(0.28)	(0.07)	(0.30)
Potential Upside	0.1025	1.35	1.37	1.28	1.26	1.31	1.25
Treynor Ratio	0.2853	1.49	0.1425	2.1	0.7314	0.3631	0.5023
Maximum Drawdown	0.4069	3.82	3.85	3.61	3.43	3.61	3.56
Variance	0.0061	0.7438	0.7304	0.4019	0.6698	0.6823	0.7117
Market Risk Adjusted Performance	0.2953	1.5	0.1525	2.11	0.7414	0.3731	0.5123
Risk Adjusted Performance	0.1089	0.0652	0.0678	0.1107	0.0701	0.0837	0.0626
Skewness	(0.14)	(0.40)	(0.53)	0.1058	(0.41)	(0.43)	(0.38)
Semi Deviation	0.0	0.8128	0.8496	0.3544	0.7729	0.7466	0.7908
Information Ratio	(1.34)	(0.06)	(0.06)	(0.05)	(0.06)	(0.04)	(0.07)
Value At Risk	(0.10)	(1.37)	(1.56)	(0.80)	(1.33)	(1.31)	(1.36)
Expected Short fall	(0.11)	(0.72)	(0.69)	(0.74)	(0.73)	(0.74)	(0.76)
Downside Deviation	0.1221	0.9164	0.9598	0.6815	0.8488	0.8465	0.8613
Semi Variance	(0.02)	0.6607	0.7218	0.1256	0.5974	0.5573	0.6254

Shenkman Short Competition Performance Charts

Five steps to successful analysis of Shenkman Short Competition

Shenkman Short'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 Shenkman Short Duration in relation to its competition. Shenkman Short's competition analysis typically involves several steps, including:

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

In addition to having Shenkman Short in your portfolios, you can quickly add positions 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.

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Other Information on Investing in Shenkman Mutual Fund

Shenkman Short financial ratios help investors to determine whether Shenkman Mutual Fund 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 Shenkman with respect to the benefits of owning Shenkman Short security.

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