STF Tactical Competition
| TUG Etf | USD 38.61 0.03 0.08% |
STF Tactical vs Tremblant Global Correlation
Poor diversification
The correlation between STF Tactical Growth and TOGA is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding STF Tactical Growth and TOGA in the same portfolio, assuming nothing else is changed.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of STF Tactical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
STF Tactical Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between STF Tactical 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 STF 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 STF Tactical Growth does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
STF Tactical Constituents Risk-Adjusted Indicators
There is a big difference between STF Etf performing well and STF Tactical 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 STF Tactical'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| YOKE | 0.62 | 0.09 | 0.06 | (13.74) | 0.67 | 1.22 | 3.63 | |||
| BLGR | 0.73 | (0.11) | 0.00 | (0.10) | 0.00 | 1.21 | 4.84 | |||
| MPRO | 0.33 | 0.09 | 0.13 | (14.26) | 0.12 | 0.72 | 1.76 | |||
| OVL | 0.70 | (0.04) | (0.03) | 0.01 | 1.06 | 1.41 | 5.10 | |||
| EFAA | 0.43 | 0.09 | 0.11 | 0.21 | 0.37 | 0.95 | 2.11 | |||
| FDTX | 1.17 | (0.19) | 0.00 | (0.13) | 0.00 | 1.88 | 6.55 | |||
| MISL | 1.32 | 0.18 | 0.13 | 0.20 | 1.28 | 3.42 | 7.30 | |||
| SPUU | 1.10 | (0.08) | 0.00 | (0.01) | 0.00 | 1.96 | 7.24 | |||
| UJAN | 0.19 | 0.00 | (0.08) | 0.05 | 0.27 | 0.45 | 1.68 | |||
| TOGA | 0.95 | (0.26) | 0.00 | (0.21) | 0.00 | 1.42 | 6.33 |
STF Tactical Competitive Analysis
The better you understand STF Tactical competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, STF Tactical'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 STF Tactical'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 |
STF Tactical Competition Performance Charts
Five steps to successful analysis of STF Tactical Competition
STF Tactical'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 STF Tactical Growth in relation to its competition. STF Tactical's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of STF Tactical 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 STF Tactical's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to STF Tactical Growth, 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 STF Tactical position
In addition to having STF Tactical 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?
Run Drugs Thematic Idea Now
Drugs
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 47 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 Drugs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out STF Tactical Correlation with its peers. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
STF Tactical Growth's market price often diverges from its book value, the accounting figure shown on STF's balance sheet. Smart investors calculate STF Tactical's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since STF Tactical's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between STF Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if STF Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STF Tactical's 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.