STF Tactical Competition
| TUGN Etf | USD 24.96 0.23 0.93% |
STF Tactical vs Trust For Correlation
Very weak diversification
The correlation between STF Tactical Growth and JGRW is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding STF Tactical Growth and JGRW in the same portfolio, assuming nothing else is changed.
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
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STF Tactical Competition 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.52 | 0.08 | 0.03 | 0.22 | 1.50 | 3.43 | 13.69 | |||
| MSFT | 1.36 | (0.35) | 0.00 | (0.76) | 0.00 | 1.90 | 13.28 | |||
| UBER | 1.48 | (0.41) | 0.00 | (0.68) | 0.00 | 2.41 | 11.09 | |||
| F | 1.21 | 0.03 | 0.02 | 0.12 | 1.19 | 3.38 | 7.16 | |||
| T | 0.94 | 0.16 | 0.08 | 1.67 | 0.82 | 2.02 | 5.31 | |||
| A | 1.21 | (0.31) | 0.00 | (0.16) | 0.00 | 2.90 | 7.85 | |||
| CRM | 1.68 | (0.49) | 0.00 | (0.35) | 0.00 | 2.94 | 12.37 | |||
| JPM | 1.20 | 0.10 | (0.01) | (0.27) | 1.67 | 2.34 | 7.38 | |||
| MRK | 1.31 | 0.47 | 0.32 | 0.81 | 0.99 | 3.59 | 8.09 | |||
| XOM | 1.18 | 0.43 | 0.27 | 3.64 | 0.93 | 2.69 | 5.85 |
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.
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Check out STF Tactical Correlation with its peers. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Investors evaluate STF Tactical Growth using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating STF Tactical's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause STF Tactical's market price to deviate significantly from intrinsic 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. Conversely, STF Tactical's market price signifies the transaction level at which participants voluntarily complete trades.