2 Year Competition

ZTUSD Commodity   102.74  0.05  0.05%   
Analyzing 2 Year 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 2 Year to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any commodity could be closely tied with the direction of predictive economic indicators such as signals in state.
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 2 Year competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 2 Year'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.

2 Year Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between 2 Year and its competitors represents the degree of relationship between the price movements of corresponding commoditys. A correlation of about +1.0 implies that the price of ZTUSD 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 2 Year T does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
DXUSDLBUSD
DCUSDZFUSD
LBUSDNGUSD
RTYUSDLBUSD
PAUSDMGCUSD
DXUSDRTYUSD
  
High negative correlations   
DXUSDZFUSD
LBUSDZFUSD
DXUSDDCUSD
RTYUSDZFUSD
LBUSDDCUSD
RTYUSDDCUSD

Risk-Adjusted Indicators

There is a big difference between ZTUSD Commodity performing well and 2 Year Commodity 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 2 Year'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
NGUSD  3.47  1.10  0.24 (1.67) 3.19 
 7.69 
 30.19 
ZFUSD  0.16 (0.04) 0.00  0.94  0.00 
 0.30 
 1.13 
MGCUSD  0.75  0.07 (0.06)(0.20) 1.16 
 1.39 
 5.19 
DCUSD  0.90 (0.18) 0.00 (0.45) 0.00 
 0.83 
 21.45 
PAUSD  2.40  0.05 (0.02) 0.41  2.56 
 4.51 
 15.36 
LBUSD  1.25  0.27  0.13  2.70  0.98 
 3.42 
 9.80 
RTYUSD  0.93 (0.01) 0.02  0.11  0.95 
 2.05 
 7.61 
HEUSX  1.03  0.05 (0.04)(4.79) 1.70 
 2.09 
 9.91 
DXUSD  0.30  0.07 (0.09) 0.62  0.00 
 0.52 
 2.35 
CTUSX  0.95  0.01 (0.08) 0.20  1.05 
 2.05 
 6.64 

2 Year Competitive Analysis

The better you understand 2 Year competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, 2 Year'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 2 Year'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
ZTUSD NGUSD ZFUSD MGCUSD DCUSD PAUSD LBUSD RTYUSD HEUSX DXUSD
 0.05 
 102.74 
ZTUSD
 8.07 
 3.19 
Natural
 0.21 
 107.17 
Five
 1.56 
 2,662 
Micro
 6.79 
 18.52 
Class
 1.01 
 979.50 
Palladium
 0.59 
 588.50 
Lumber
 0.22 
 2,438 
Micro
 0.84 
 82.40 
Lean
 0.77 
 106.02 
DXUSD
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)
Not Available
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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

2 Year Competition Performance Charts

Five steps to successful analysis of 2 Year Competition

2 Year'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 2 Year T in relation to its competition. 2 Year's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of 2 Year 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 2 Year's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to 2 Year T, 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 2 Year position

In addition to having 2 Year 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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Hybrid Mix Funds
Hybrid Mix Funds Theme
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 45 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 Hybrid Mix Funds Theme or any other thematic opportunities.
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