Fluid Competition
| FLUID Crypto | USD 2.62 0.05 1.95% |
Fluid vs AE Correlation
Good diversification
The correlation between Fluid and AE is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fluid and AE in the same portfolio, assuming nothing else is changed. Please note that Fluid is a digital instrument and cryptocurrency exchanges were notoriously volatile since the beginning of their establishment.
Moving together with Fluid Crypto Coin
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fluid'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.
Fluid Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Fluid and its competitors represents the degree of relationship between the price movements of corresponding cryptos. A correlation of about +1.0 implies that the price of Fluid 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 Fluid does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Fluid Crypto Coin performing well and Fluid Cryptocurrency 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 Fluid'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FLUID | 4.64 | (0.21) | 0.00 | 0.20 | 0.00 | 10.34 | 50.37 | |||
| STETH | 2.63 | (0.52) | 0.00 | 24.65 | 0.00 | 6.45 | 20.42 | |||
| EIGEN | 4.23 | (1.50) | 0.00 | 14.75 | 0.00 | 9.09 | 30.00 | |||
| EOSDAC | 4.00 | (1.65) | 0.00 | (2.14) | 0.00 | 6.33 | 20.39 | |||
| BLZ | 4.43 | (0.19) | 0.00 | (0.43) | 0.00 | 18.07 | 37.84 | |||
| MORPHO | 3.32 | (0.33) | 0.00 | (0.67) | 0.00 | 7.96 | 25.26 | |||
| DIA | 3.83 | (0.91) | 0.00 | 3.32 | 0.00 | 7.69 | 30.57 | |||
| EM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AE | 9.27 | 3.22 | 0.24 | 0.82 | 10.21 | 26.31 | 146.40 |
Fluid Competitive Analysis
The better you understand Fluid competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Fluid'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 Fluid'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 |
| FLUID | STETH | EIGEN | EOSDAC | BLZ | MORPHO | DIA | EM | AE | |
| 1.95 2.62 Fluid | 0.05 2,230 Staked | 3.85 0.25 EigenLayer | 71.75 0.000063 EOSDAC | 5.99 0.02 BLZ | 9.65 1.25 Morpho | 8.33 0.22 DIA | 0.00 0.00008 EM | 9.52 0.01 AE | Market Volatility (90 Days Market Risk) |
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Fluid Competition Performance Charts
Five steps to successful analysis of Fluid Competition
Fluid'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 Fluid in relation to its competition. Fluid's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Fluid 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 Fluid's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Fluid, 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 Fluid position
In addition to having Fluid 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 Entertainment Thematic Idea Now
Entertainment
Companies from entertainment industry including show business, news and media. The Entertainment 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 Entertainment Theme or any other thematic opportunities.
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Check out Fluid Correlation with its peers. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.