TRX Renda Competition

TRXF11 Fund

BRL 103.33 0.36 0.35%

TRX Renda Fundo competes with Energisa, BTG Pactual, Plano Plano, Procter Gamble, and Cable One; as well as few others. The fund is not categorized under any group at this time. Analyzing TRX Renda 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 TRX Renda to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out TRX Renda Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of TRX Renda competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
102.94	103.33	103.72

Details

Intrinsic

Valuation

Low	Real	High
102.74	103.13	103.52

Details

TRX Renda Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between TRX Renda 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 TRX 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 TRX Renda Fundo does not affect the price movement of the other competitor.

	ENGI11	BTLG11	PLPL3	PGCO34	C1AB34	BEWZ39	B1TI34	SUZB3	R1KU34	BIYE39
ENGI11		0.88	-0.64	-0.2	-0.59	-0.81	0.17	-0.74	-0.54	-0.78	ENGI11
BTLG11	0.88		-0.77	-0.2	-0.36	-0.79	0.21	-0.59	-0.62	-0.56	BTLG11
PLPL3	-0.64	-0.77		0.21	0.18	0.73	-0.34	0.5	0.51	0.45	PLPL3
PGCO34	-0.2	-0.2	0.21		0.54	0.06	0.73	0.38	-0.13	0.46	PGCO34
C1AB34	-0.59	-0.36	0.18	0.54		0.32	0.46	0.76	0.01	0.83	C1AB34
BEWZ39	-0.81	-0.79	0.73	0.06	0.32		-0.42	0.71	0.48	0.52	BEWZ39
B1TI34	0.17	0.21	-0.34	0.73	0.46	-0.42		0.12	-0.49	0.16	B1TI34
SUZB3	-0.74	-0.59	0.5	0.38	0.76	0.71	0.12		0.12	0.79	SUZB3
R1KU34	-0.54	-0.62	0.51	-0.13	0.01	0.48	-0.49	0.12		0.22	R1KU34
BIYE39	-0.78	-0.56	0.45	0.46	0.83	0.52	0.16	0.79	0.22		BIYE39
	ENGI11	BTLG11	PLPL3	PGCO34	C1AB34	BEWZ39	B1TI34	SUZB3	R1KU34	BIYE39

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High positive correlations

BTLG11	+ 0.88	ENGI11
BIYE39	+ 0.83	C1AB34
BIYE39	+ 0.79	SUZB3
SUZB3	+ 0.76	C1AB34
BEWZ39	+ 0.73	PLPL3
B1TI34	+ 0.73	PGCO34

High negative correlations

BEWZ39	- 0.81	ENGI11
BEWZ39	- 0.79	BTLG11
BIYE39	- 0.78	ENGI11
PLPL3	- 0.77	BTLG11
SUZB3	- 0.74	ENGI11
PLPL3	- 0.64	ENGI11

Risk-Adjusted Indicators

There is a big difference between TRX Fund performing well and TRX Renda 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 TRX Renda'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
ENGI11	1.00	(0.25)	0.00	(0.85)	0.00	0.00	2.44	(2.29)	6.68
BTLG11	0.52	(0.10)	0.00	(1.46)	0.00	0.00	0.98	(1.29)	4.73
PLPL3	1.76	0.09	0.02	0.29	1.86	(1.97)	3.50	(3.23)	8.69
PGCO34	1.04	0.23	0.08	(0.76)	0.99	(1.19)	2.19	(1.84)	7.52
C1AB34	1.44	0.44	0.10	(0.60)	1.28	(2.51)	4.35	(2.60)	14.25
BEWZ39	0.96	0.08	(0.04)	(0.38)	1.23	(1.00)	2.06	(2.07)	8.19
B1TI34	1.01	0.22	0.06	(0.81)	1.03	(1.21)	2.50	(1.94)	6.07
SUZB3	0.92	0.13	0.00	(0.92)	0.92	(1.04)	2.33	(1.65)	6.36
R1KU34	2.15	0.02	0.00	0.15	3.60	(2.33)	4.26	(5.17)	29.58
BIYE39	0.88	0.22	0.08	(3.87)	0.73	(1.08)	3.09	(1.44)	6.25

Unable to evaluate fundamental data of [ENGI11.SA, BTLG11.SA, PLPL3.SA, PGCO34.SA, C1AB34.SA, BEWZ39.SA, B1TI34.SA, SUZB3.SA, R1KU34.SA, BIYE39.SA] at this time. Please try again later

All Fundamental Data

TRX Renda Competitive Analysis

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

	TRXF11	ENGI11	BTLG11	PLPL3	PGCO34	C1AB34	BEWZ39	B1TI34	SUZB3	R1KU34
	0.35 103.33 TRX	2.02 41.72 Energisa	0.39 96.12 BTG	4.22 13.40 Plano	1.79 75.82 Procter	4.35 12.24 Cable	0.53 53.26 Ishares	2.84 44.88 British	0.74 59.74 Suzano	1.34 19.62 Roku
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Not too volatile	Very steady	Somewhat reliable	Very steady	Very steady	Very steady	Not too volatile
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	OK	OK	Good	Very Weak	OK	OK	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	About Average	Low	Low	Low	Low	Low	About Average	Low	Low	Quite High
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Cautious Hold	Sell	Hold	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Current Ratio	N/A	1.65	2.78	5.68	0.79	1.86	N/A	N/A	2.95	4.38
Net Asset	N/A	54.77 B	N/A	1.27 B	117.21 B	6.95 B	N/A	137.37 B	118.98 B	4.08 B
Profit Margin	N/A	0.086	18.96	0.0763	0.18	0.22	N/A	0.24	0.39	-0.0759
EBITDA	N/A	6.46 B	N/A	190.28 M	21.24 B	789.6 M	N/A	11.73 B	19.66 B	313.21 M
Operating Margin	N/A	0.21	62.59	0.0975	0.23	0.31	N/A	0.42	0.4	-0.0818
Current Valuation	N/A	18.78 B	202.43 M	971.73 M	2.06 T	41.25 B	N/A	729.19 B	133.18 B	30.27 B
Price To Book	N/A	N/A	1.08	1.81	8.36	2.3	N/A	0.2	2.46	2.52
Five Year Return	N/A	2.94	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Beta	N/A	0.66	0.65	-0.66	0.4	0.81	N/A	0.37	0.65	1.79
Number Of Employees	N/A	17.15 K	N/A	6	106 K	3.63 K	N/A	52.08 K	26	3 K
Shares Outstanding	N/A	N/A	1.65 M	198.26 M	33.03 B	1.16 B	N/A	2.24 B	1.31 B	2.79 B
Cash Flow From Operations	N/A	881.74 M	5.63 M	73.71 M	16.72 B	704.34 M	N/A	9.72 B	17.64 B	228.08 M
Annual Yield	N/A	0.086	N/A	0.0386	0.0262	0.0136	N/A	0.0727	0.0547	N/A
Total Debt	N/A	19.31 B	N/A	347.45 M	22.85 B	3.8 B	N/A	35.35 B	81.24 B	79.98 M
Return On Equity	N/A	0.23	1.13	0.29	0.32	0.21	N/A	0.0957	0.88	-0.0868
Z Score	N/A	N/A	N/A	2.2	45.0	3.6	N/A	7.2	N/A	N/A
Return On Asset	N/A	0.0655	2.33	0.0624	0.0955	0.0472	N/A	0.0501	0.0969	-0.0385
Book Value Per Share	N/A	5.73	98.81	1.94	1.31	325.52	N/A	33.8	21.35	1.0
Total Asset	N/A	54.77 B	N/A	1.27 B	117.21 B	6.95 B	N/A	137.37 B	118.98 B	4.08 B
Debt To Equity	N/A	239.0	N/A	1.33	54.4	2.38	N/A	N/A	5.06	0.18
Target Price	N/A	58.89	N/A	6.04	N/A	N/A	N/A	N/A	69.15	N/A
Last Dividend Paid	N/A	0.67	0.32	0.16	3.61	11.1	N/A	2.18	2.39	N/A
Shares Owned By Institutions	11.81	43.09	0.03	12.07	N/A	N/A	N/A	N/A	30.03	N/A
Market Capitalization	N/A	11.03 B	157.42 M	814.83 M	1.73 T	24.75 B	N/A	436.53 B	61.33 B	40.47 B
Price To Earning	N/A	78.94	98.94	4.69	102.83	0.19	N/A	N/A	51.98	439.22
Price To Earnings To Growth	N/A	0.7	N/A	N/A	4.98	N/A	N/A	1.79	0.29	N/A
Price To Sales	N/A	0.41	14.75	0.52	23.62	13.89	N/A	18.26	1.44	11.2
Net Income	N/A	2.82 B	2.02 M	135.09 M	14.74 B	291.82 M	N/A	6.8 B	8.63 B	242.38 M
Earnings Per Share	N/A	1.38	1.08	0.5	2.15	1.56	N/A	18.26	13.65	0.31
Shares Owned By Insiders	N/A	N/A	N/A	69.28	N/A	N/A	N/A	N/A	41.31	N/A
Revenue	N/A	26.8 B	10.67 M	1.27 B	80.19 B	1.61 B	N/A	25.68 B	40.97 B	2.76 B
Cash And Equivalents	N/A	435.34 M	N/A	186.95 M	9.82 B	448.96 M	N/A	N/A	9.38 B	2.08 B
Cash Per Share	N/A	1.36	N/A	1.37	3.92	74.36	N/A	N/A	8.18	0.79
Gross Profit	N/A	4.54 B	8.26 M	396.77 M	38.21 B	1.15 B	N/A	22.85 B	20.35 B	1.41 B
Day Typical Price	103.54	42.03	96.37	13.61	75.33	12.24	52.87	44.6	59.75	19.62
Accumulation Distribution	0.006	0.029	0.0103	0.0539	0.0213	N/A	0.0281	0.024	0.0222	N/A
Market Facilitation Index	0.62	1.24	1.0	0.76	1.62	N/A	1.5	1.08	1.34	N/A
Daily Balance Of Power	(0.58)	(0.69)	(0.38)	(0.78)	0.821	9.2 T	0.1867	1.148148	0.3284	9.2 T
Period Momentum Indicator	(0.36)	(0.86)	(0.38)	(0.59)	1.33	0.51	0.28	1.24	0.44	0.26
Rate Of Daily Change	1.0	0.98	1.0	0.96	1.02	1.04	1.01	1.03	1.01	1.01
Day Median Price	103.64	42.18	96.5	13.72	75.09	12.24	52.67	44.46	59.75	19.62
Price Action Indicator	(0.49)	(0.89)	(0.57)	(0.61)	1.39	0.25	0.73	1.04	0.21	0.13
Coefficient Of Variation	(1,489)	(651.64)	(886.53)	1327.58	655.88	595.88	1933.89	643.46	951.86	3165.84
Mean Deviation	0.2646	1.0	0.518	1.76	1.04	1.44	0.956	1.01	0.9206	2.15
Jensen Alpha	(0.04)	(0.25)	(0.1)	0.0905	0.2337	0.4366	0.0775	0.2175	0.1324	0.0227
Total Risk Alpha	(0.09)	(0.42)	(0.20)	(0.17)	(0.01)	0.0286	(0.14)	(0)	(0.07)	(0.43)
Sortino Ratio	N/A	N/A	N/A	0.0179	0.0752	0.1007	(0.04)	0.0615	0.0021	(0)
Downside Variance	N/A	N/A	N/A	3.96	1.36	6.18	1.85	1.49	1.1	24.08
Standard Deviation	0.3771	1.35	0.7279	2.14	1.4	2.24	1.35	1.29	1.21	3.55
Kurtosis	1.23	0.4741	2.36	(0.63)	2.41	3.56	1.98	0.4045	0.833	8.32
Potential Upside	0.6345	2.44	0.9777	3.5	2.19	4.35	2.06	2.5	2.33	4.26
Treynor Ratio	(0.93)	(0.85)	(1.46)	0.2881	(0.76)	(0.60)	(0.38)	(0.81)	(0.92)	0.1484
Maximum Drawdown	1.64	6.68	4.73	8.69	7.52	14.25	8.19	6.07	6.36	29.58
Variance	0.1422	1.83	0.5299	4.57	1.95	5.01	1.81	1.66	1.48	12.59
Market Risk Adjusted Performance	(0.92)	(0.84)	(1.45)	0.2981	(0.75)	(0.59)	(0.37)	(0.80)	(0.91)	0.1584
Risk Adjusted Performance	(0.06)	(0.11)	(0.09)	0.0641	0.1213	0.1352	0.0439	0.1231	0.0842	0.032
Skewness	0.167	0.2049	0.4298	0.0446	0.8278	0.9386	0.32	(0.16)	0.5504	(0.76)
Semi Deviation	N/A	N/A	N/A	1.86	0.9884	1.28	1.23	1.03	0.9201	3.6
Information Ratio	(0.40)	(0.25)	(0.29)	0.0167	0.0627	0.1118	(0.04)	0.0581	0.0018	(0)
Value At Risk	(0.62)	(2.29)	(1.29)	(3.23)	(1.84)	(2.60)	(2.07)	(1.94)	(1.65)	(5.17)
Expected Short fall	N/A	N/A	N/A	(1.97)	(1.19)	(2.51)	(1.00)	(1.21)	(1.04)	(2.33)
Downside Deviation	N/A	N/A	N/A	1.99	1.17	2.49	1.36	1.22	1.05	4.91
Semi Variance	N/A	N/A	N/A	3.46	0.977	1.64	1.5	1.06	0.8465	12.96

TRX Renda Competition Performance Charts

Five steps to successful analysis of TRX Renda Competition

TRX Renda'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 TRX Renda Fundo in relation to its competition. TRX Renda's competition analysis typically involves several steps, including:

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

In addition to having TRX Renda 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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Measuring and Control Equipment

Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 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 Measuring and Control Equipment Theme or any other thematic opportunities.

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Other Information on Investing in TRX Fund

TRX Renda financial ratios help investors to determine whether TRX 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 TRX with respect to the benefits of owning TRX Renda security.

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