Sygnia Itrix Competition
| SYGUK Etf | 23,430 97.00 0.42% |
Sygnia Itrix vs 1nvest SA Correlation
Very poor diversification
The correlation between Sygnia Itrix FTSE and ETFSAP is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sygnia Itrix FTSE and ETFSAP in the same portfolio, assuming nothing else is changed.
Moving together with Sygnia Etf
Sygnia Itrix Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Sygnia Itrix 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 Sygnia 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 Sygnia Itrix FTSE does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Sygnia Itrix Competition Risk-Adjusted Indicators
There is a big difference between Sygnia Etf performing well and Sygnia Itrix 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 Sygnia Itrix'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.54 | 0.08 | 0.04 | 0.17 | 1.53 | 3.43 | 13.69 | |||
| MSFT | 1.33 | (0.31) | 0.00 | (0.50) | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.56 | (0.19) | 0.00 | (0.30) | 0.00 | 2.70 | 11.09 | |||
| F | 1.22 | 0.09 | 0.07 | 0.17 | 1.05 | 3.61 | 7.50 | |||
| T | 1.05 | 0.15 | 0.05 | (0.64) | 0.99 | 3.87 | 7.44 | |||
| A | 1.24 | (0.41) | 0.00 | (0.32) | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.80 | (0.30) | 0.00 | (0.18) | 0.00 | 3.66 | 12.37 | |||
| JPM | 1.27 | (0.11) | (0.03) | 0.01 | 1.83 | 2.34 | 8.17 | |||
| MRK | 1.27 | 0.33 | 0.20 | 0.72 | 1.10 | 2.81 | 8.74 | |||
| XOM | 1.32 | 0.41 | 0.23 | 12.19 | 1.09 | 2.90 | 6.83 |
Sygnia Itrix Competitive Analysis
The better you understand Sygnia Itrix competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Sygnia Itrix'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 Sygnia Itrix'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 |
| SYGUK | ETFSAP | |
| 0.42 23,430 | 1.01 5,210 | Market Volatility (90 Days Market Risk) |
| Market Performance (90 Days Performance) | ||
| Odds of Financial Distress (Probability Of Bankruptcy) | ||
| Current Valuation (Equity Enterprise Value) | ||
| Buy or Sell Advice (Average Analysts Consensus) | ||
Trade Advice (90 Days Macroaxis Advice) | ||
| Day Typical Price | ||
| Accumulation Distribution | ||
| Market Facilitation Index | ||
| Daily Balance Of Power | ||
| Period Momentum Indicator | ||
| Rate Of Daily Change | ||
| Day Median Price | ||
| Price Action Indicator | ||
| Relative Strength Index | ||
| Coefficient Of Variation | ||
| Mean Deviation | ||
| Jensen Alpha | ||
| Total Risk Alpha | ||
| Sortino Ratio | ||
| Downside Variance | ||
| Standard Deviation | ||
| Kurtosis | ||
| Potential Upside | ||
| Treynor Ratio | ||
| Maximum Drawdown | ||
| Variance | ||
| Market Risk Adjusted Performance | ||
| Risk Adjusted Performance | ||
| Skewness | ||
| Semi Deviation | ||
| Information Ratio | ||
| Value At Risk | ||
| Expected Short fall | ||
| Downside Deviation | ||
| Semi Variance |
Sygnia Itrix Competition Performance Charts
Five steps to successful analysis of Sygnia Itrix Competition
Sygnia Itrix'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 Sygnia Itrix FTSE in relation to its competition. Sygnia Itrix's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Sygnia Itrix 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 Sygnia Itrix's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Sygnia Itrix FTSE, 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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