IQ Global Competition
| WRND Etf | USD 38.32 0.92 2.46% |
IQ Global vs Strategy Shares Correlation
Very poor diversification
The correlation between IQ Global Equity and ELCV is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding IQ Global Equity and ELCV in the same portfolio, assuming nothing else is changed.
Moving together with WRND Etf
| 0.94 | VT | Vanguard Total World | PairCorr |
| 0.95 | ACWI | iShares MSCI ACWI | PairCorr |
| 0.62 | ACWV | iShares MSCI Global | PairCorr |
| 0.91 | IOO | iShares Global 100 | PairCorr |
| 0.92 | URTH | iShares MSCI World | PairCorr |
Moving against WRND Etf
| 0.73 | FNGU | MicroSectors FANG Index Symbol Change | PairCorr |
IQ Global Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between IQ Global 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 WRND 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 IQ Global Equity does not affect the price movement of the other competitor.
| 0.96 | 0.87 | 0.99 | 0.95 | 0.78 | 0.91 | MVV | ||
| 0.96 | 0.88 | 0.95 | 0.98 | 0.87 | 0.95 | EVUS | ||
| 0.87 | 0.88 | 0.85 | 0.89 | 0.72 | 0.73 | PY | ||
| 0.99 | 0.95 | 0.85 | 0.94 | 0.77 | 0.9 | GSC | ||
| 0.95 | 0.98 | 0.89 | 0.94 | 0.84 | 0.9 | IQSZ | ||
| 0.78 | 0.87 | 0.72 | 0.77 | 0.84 | 0.86 | QLV | ||
| 0.91 | 0.95 | 0.73 | 0.9 | 0.9 | 0.86 | ELCV | ||
IQ Global Constituents Risk-Adjusted Indicators
There is a big difference between WRND Etf performing well and IQ Global 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 IQ Global'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MVV | 1.50 | 0.13 | 0.13 | 0.14 | 1.47 | 3.83 | 7.51 | |||
| EVUS | 0.55 | 0.06 | 0.07 | 0.16 | 0.48 | 1.45 | 3.05 | |||
| PY | 0.50 | 0.02 | (0.01) | 0.11 | 0.52 | 1.24 | 3.31 | |||
| GSC | 0.93 | 0.08 | 0.10 | 0.15 | 0.83 | 2.10 | 4.87 | |||
| IQSZ | 0.65 | 0.03 | 0.01 | 0.11 | 0.77 | 1.28 | 3.47 | |||
| QLV | 0.35 | 0.05 | (0.07) | (2.58) | 0.35 | 0.81 | 2.24 | |||
| ELCV | 0.60 | 0.08 | 0.07 | 0.19 | 0.57 | 1.13 | 3.08 |
IQ Global Competitive Analysis
The better you understand IQ Global competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, IQ Global'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 IQ Global'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 |
IQ Global Competition Performance Charts
Five steps to successful analysis of IQ Global Competition
IQ Global'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 IQ Global Equity in relation to its competition. IQ Global's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of IQ Global 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 IQ Global's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to IQ Global Equity, 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 IQ Global position
In addition to having IQ Global 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 Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 39 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 Banks Theme or any other thematic opportunities.
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Check out IQ Global 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..
Understanding IQ Global Equity requires distinguishing between market price and book value, where the latter reflects WRND's accounting equity. The concept of intrinsic value - what IQ Global's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push IQ Global's price substantially above or below its fundamental value.
Please note, there is a significant difference between IQ Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, IQ Global's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.