Horizon Kinetics Competition
| SPAQ Etf | USD 91.09 0.08 0.09% |
Horizon Kinetics vs T Rowe Correlation
Good diversification
The correlation between Horizon Kinetics SPAC and TGLB is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Horizon Kinetics SPAC and TGLB in the same portfolio, assuming nothing else is changed.
Horizon Kinetics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Horizon Kinetics 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 Horizon 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 Horizon Kinetics SPAC does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Horizon Kinetics Constituents Risk-Adjusted Indicators
There is a big difference between Horizon Etf performing well and Horizon Kinetics 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 Horizon Kinetics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VNSE | 0.70 | (0.05) | (0.06) | 0.02 | 0.94 | 1.39 | 3.86 | |||
| MAYZ | 0.51 | (0.04) | (0.10) | 0.02 | 0.68 | 1.06 | 3.37 | |||
| IWFG | 0.89 | (0.19) | 0.00 | (0.16) | 0.00 | 2.05 | 5.06 | |||
| VWID | 0.62 | 0.25 | 0.21 | (4.80) | 0.39 | 1.56 | 3.54 | |||
| RDOG | 0.67 | 0.14 | 0.07 | 4.99 | 0.60 | 1.63 | 4.07 | |||
| TEXN | 0.73 | 0.08 | 0.06 | 0.18 | 0.75 | 1.57 | 3.68 | |||
| IVRA | 0.56 | 0.15 | 0.13 | 0.51 | 0.42 | 1.21 | 2.61 | |||
| HEAT | 0.75 | 0.00 | (0.08) | 0.13 | 0.95 | 1.28 | 4.39 | |||
| AQWA | 0.69 | (0.01) | (0.02) | 0.07 | 0.72 | 1.59 | 4.10 | |||
| TGLB | 0.67 | (0.04) | (0.05) | 0.03 | 0.92 | 1.48 | 3.53 |
Horizon Kinetics Competitive Analysis
The better you understand Horizon Kinetics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Horizon Kinetics' 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 Horizon Kinetics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Horizon Kinetics Competition Performance Charts
Five steps to successful analysis of Horizon Kinetics Competition
Horizon Kinetics' 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 Horizon Kinetics SPAC in relation to its competition. Horizon Kinetics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Horizon Kinetics 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 Horizon Kinetics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Horizon Kinetics SPAC, 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.
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Check out Horizon Kinetics Correlation with its peers. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Horizon Kinetics SPAC is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Kinetics' value that differs from its market value or its book value, called intrinsic value, which is Horizon Kinetics' true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Horizon Kinetics' market value can be influenced by many factors that don't directly affect Horizon Kinetics' 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 Horizon Kinetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Kinetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Horizon Kinetics' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.