ETF Managers Competition
| SILX Etf | USD 1.75 0.00 0.00% |
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ETF |
ETF Managers Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ETF Managers 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 ETF 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 ETF Managers Group does not affect the price movement of the other competitor.
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High positive correlations
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ETF Managers Competition Risk-Adjusted Indicators
There is a big difference between ETF Etf performing well and ETF Managers 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 ETF Managers' 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 | 1.17 | 0.29 | 0.16 | 0.72 | 1.18 | 3.22 | 8.02 | |||
| MSFT | 0.87 | 0.05 | 0.01 | 0.21 | 1.40 | 2.09 | 8.19 | |||
| UBER | 1.85 | (0.29) | 0.00 | (0.12) | 0.00 | 2.69 | 20.41 | |||
| F | 1.40 | (0.13) | (0.03) | 0.03 | 2.15 | 2.53 | 11.21 | |||
| T | 0.98 | 0.13 | 0.02 | 2.38 | 1.05 | 2.36 | 6.74 | |||
| A | 1.22 | 0.03 | (0.04) | 0.25 | 1.48 | 2.71 | 9.02 | |||
| CRM | 1.47 | 0.41 | 0.30 | 0.41 | 1.02 | 3.59 | 13.87 | |||
| JPM | 1.00 | 0.07 | 0.13 | 0.15 | 0.90 | 1.73 | 15.87 | |||
| MRK | 0.93 | (0.24) | 0.00 | (0.80) | 0.00 | 2.00 | 5.18 | |||
| XOM | 0.92 | (0.01) | (0.07) | 0.09 | 1.18 | 1.83 | 6.06 |
ETF Managers Competitive Analysis
The better you understand ETF Managers competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ETF Managers' 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 ETF Managers' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
| SILX | GDXU | MNM | GDXD | CLDL | AWYX | |
| 0.00 1.75 ETF | 8.61 41.89 MicroSectors | 0.00 29.16 Direxion | 8.84 11.76 MicroSectors | 3.18 16.16 Direxion | 0.00 2.34 ETF | Market Volatility (90 Days Market Risk) |
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ETF Managers Competition Performance Charts
Five steps to successful analysis of ETF Managers Competition
ETF Managers' 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 ETF Managers Group in relation to its competition. ETF Managers' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of ETF Managers 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 ETF Managers' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ETF Managers Group, 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 ETF Managers position
In addition to having ETF Managers 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.Did You Try This Idea?
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Social Domain
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 39 constituents at this time.
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Check out World Market Map 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 bureau of economic analysis. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of ETF Managers Group is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Managers' value that differs from its market value or its book value, called intrinsic value, which is ETF Managers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ETF Managers' market value can be influenced by many factors that don't directly affect ETF Managers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ETF Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Managers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.