CTBC USD Competition

00772B Etf

TWD 35.08 0.08 0.23%

CTBC USD Corporate competes with YuantaP Shares, Yuanta Daily, Fubon FTSE, Fuh Hwa, and Paradigm; as well as few others. Analyzing CTBC USD 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 CTBC USD to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out CTBC USD Correlation with its peers.

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 CTBC USD competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
34.49	35.08	35.67

Details

Intrinsic

Valuation

Low	Real	High
33.44	34.03	38.59

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as CTBC USD. Your research has to be compared to or analyzed against CTBC USD's peers to derive any actionable benefits. When done correctly, CTBC USD's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CTBC USD Corporate.

CTBC USD Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between CTBC USD 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 CTBC 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 CTBC USD Corporate does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.78	-0.54	-0.35	0.46	0.32	0.57	0.27	-0.16	-0.51	META
MSFT	0.78		-0.65	-0.25	0.55	0.07	0.61	0.38	-0.21	-0.76	MSFT
UBER	-0.54	-0.65		0.41	-0.73	0.18	-0.78	-0.55	0.61	0.73	UBER
F	-0.35	-0.25	0.41		0.06	-0.25	-0.01	0.27	-0.1	0.6	F
T	0.46	0.55	-0.73	0.06		-0.34	0.87	0.84	-0.69	-0.42	T
A	0.32	0.07	0.18	-0.25	-0.34		-0.32	-0.51	0.7	0.12	A
CRM	0.57	0.61	-0.78	-0.01	0.87	-0.32		0.88	-0.78	-0.48	CRM
JPM	0.27	0.38	-0.55	0.27	0.84	-0.51	0.88		-0.84	-0.25	JPM
MRK	-0.16	-0.21	0.61	-0.1	-0.69	0.7	-0.78	-0.84		0.27	MRK
XOM	-0.51	-0.76	0.73	0.6	-0.42	0.12	-0.48	-0.25	0.27		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.88	CRM
CRM	+ 0.87	T
JPM	+ 0.84	T
MSFT	+ 0.78	META
XOM	+ 0.73	UBER
MRK	+ 0.7	A

High negative correlations

MRK	- 0.84	JPM
MRK	- 0.78	CRM
CRM	- 0.78	UBER
XOM	- 0.76	MSFT
T	- 0.73	UBER
MRK	- 0.69	T

CTBC USD Competition Risk-Adjusted Indicators

There is a big difference between CTBC Etf performing well and CTBC USD 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 CTBC USD'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	1.21	0.10	0.04	0.53	1.42	(1.36)	2.62	(3.15)	7.43
MSFT	0.85	0.04	(0.01)	(0.14)	1.60	(0.78)	1.78	(2.23)	8.14
UBER	1.65	(0.33)	0.00	(1.77)	0.00	0.00	2.53	(5.35)	20.41
F	1.45	(0.12)	0.00	(0.17)	0.00	0.00	2.53	(2.90)	11.21
T	0.95	0.10	0.05	0.42	1.12	(0.98)	1.93	(1.99)	7.95
A	1.23	(0.06)	0.00	(0.06)	0.00	0.00	2.71	(2.42)	9.02
CRM	1.46	0.37	0.20	90.15	1.31	(1.65)	3.18	(2.88)	14.80
JPM	1.06	0.23	0.14	(2.23)	1.11	(1.26)	1.99	(1.44)	15.87
MRK	0.97	(0.21)	0.00	(0.96)	0.00	0.00	1.72	(2.17)	5.17
XOM	0.87	(0.14)	0.00	(0.95)	0.00	0.00	1.83	(2.14)	6.06

Unable to evaluate fundamental data of [0050.TW, 00632R.TW, 00881.TW, 00878.TW, 00885.TW, 00711B.TW, 00715L.TW, 00631L.TW] at this time. Please try again later

All Fundamental Data

CTBC USD Competitive Analysis

The better you understand CTBC USD competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, CTBC USD'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 CTBC USD'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

	00772B	0050	00632R	00881	00878	00885	00711B	00715L	00631L
	0.23 35.08 CTBC	0.08 198.25 YuantaP	0.04 22.66 Yuanta	0.48 24.97 Cathay	0.27 22.37 Cathay	0.95 11.74 Fubon	0.12 16.05 Fuh	0.61 13.26 Paradigm	0.24 244.80 Yuanta
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Out of control	Very steady	Very steady	Very steady	Very steady	Somewhat reliable	Very steady
Market Performance (90 Days Performance)	Very Weak	OK	OK	OK	Weak	Very Weak	Very Weak	Insignificant	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	About Average	Low	Low	About Average	About Average	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Buy	Cautious Hold	Strong Buy	Hold	Strong Hold	Strong Hold	Strong Sell	Cautious Hold
Price To Sales	N/A	1.09	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Equity Positions Weight	N/A	98.17	50.01	97.16	97.47	99.26	N/A	N/A	78.96
Three Year Return	N/A	10.95	-13.67	N/A	N/A	N/A	6.65	-33.38	45.52
Net Asset	N/A	138 B	69.64 B	40.94 B	17.68 B	16.7 B	13.84 B	13.71 B	13.21 B
Price To Book	N/A	1.69	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Five Year Return	N/A	7.75	N/A	N/A	N/A	N/A	N/A	N/A	47.91
Last Dividend Paid	0.12	0.7	N/A	N/A	N/A	N/A	0.24	N/A	N/A
One Year Return	N/A	3.26	-6.21	N/A	N/A	-31.59	7.84	-56.78	236.92
Bond Positions Weight	N/A	N/A	N/A	N/A	N/A	N/A	98.53	N/A	N/A
Ten Year Return	N/A	9.48	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Price To Earning	N/A	14.35	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Day Typical Price	35.1	198.25	22.67	24.96	22.37	11.75	16.06	13.29	245.22
Accumulation Distribution	0.0026	12596.8	19038.41	0.004	0.0027	10004.09	64.67	193216.0	12669.63
Market Facilitation Index	0.09	N/A	N/A	0.1	0.06	N/A	N/A	N/A	0.0
Daily Balance Of Power	(0.89)	(0.30)	(0.14)	1.2	1.0	2.2	(1.00)	0.6667	(0.34)
Period Momentum Indicator	(0.08)	(0.15)	(0.01)	0.12	0.06	0.11	(0.02)	0.08	(0.60)
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.01	1.0	1.01	1.0
Day Median Price	35.11	198.25	22.68	24.95	22.37	11.76	16.06	13.3	245.43
Price Action Indicator	(0.07)	(0.07)	(0.02)	0.08	0.03	0.04	(0.02)	N/A	(0.92)
Coefficient Of Variation	(743.35)	872.64	812.66	696.69	4134.68	(1,623)	(599.62)	7679.29	3655.59
Mean Deviation	0.4492	0.8797	17.47	0.8002	0.5711	0.6038	0.4209	2.15	1.49
Jensen Alpha	(0.09)	0.1179	9.07	0.1332	0.0091	(0.07)	(0.10)	0.0351	0.039
Total Risk Alpha	(0.12)	0.0595	4.93	0.0843	(0.04)	(0.11)	(0.13)	(0.15)	(0.06)
Sortino Ratio	N/A	0.0684	8.28	0.0842	(0.03)	N/A	N/A	(0)	9.0E-4
Downside Variance	N/A	1.34	1.13	1.37	0.988	N/A	N/A	8.33	4.29
Standard Deviation	0.5814	1.16	72.08	1.06	0.8526	0.8295	0.5299	3.35	2.01
Kurtosis	0.1063	0.1369	65.98	0.4914	4.53	2.11	0.1121	6.96	0.7035
Potential Upside	0.8444	2.38	1.85	1.82	1.05	1.13	0.6879	4.87	3.59
Treynor Ratio	(3.92)	1.14	(1.82)	0.695	0.3106	(0.38)	(1.27)	(0.99)	0.3239
Maximum Drawdown	2.39	5.04	587.65	4.62	5.52	4.81	2.6	24.55	9.93
Variance	0.3381	1.34	5195.12	1.12	0.7269	0.688	0.2808	11.25	4.05
Market Risk Adjusted Performance	(3.91)	1.15	(1.81)	0.705	0.3206	(0.37)	(1.26)	(0.98)	0.3339
Risk Adjusted Performance	(0.11)	0.0941	0.1076	0.1165	0.0199	(0.05)	(0.14)	0.018	0.0278
Skewness	(0.45)	(0.05)	8.12	(0.44)	(0.58)	0.2935	(0.35)	1.4	(0.15)
Semi Deviation	N/A	0.9648	0.0	0.9532	0.9138	N/A	N/A	2.61	1.9
Information Ratio	(0.23)	0.0685	0.1223	0.0933	(0.04)	(0.13)	(0.27)	(0)	9.0E-4
Value At Risk	(1.06)	(1.73)	(1.79)	(1.65)	(1.00)	(1.13)	(0.93)	(4.85)	(3.05)
Expected Short fall	N/A	(0.96)	(25.30)	(0.82)	(0.56)	N/A	N/A	(2.88)	(1.69)
Downside Deviation	N/A	1.16	1.06	1.17	0.994	N/A	N/A	2.89	2.07
Semi Variance	N/A	0.9308	(8.06)	0.9085	0.835	N/A	N/A	6.83	3.62

CTBC USD Competition Performance Charts

Five steps to successful analysis of CTBC USD Competition

CTBC USD'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 CTBC USD Corporate in relation to its competition. CTBC USD's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of CTBC USD 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 CTBC USD's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to CTBC USD Corporate, 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 CTBC USD position

In addition to having CTBC USD 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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Gold and Gold Mining

Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 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 Gold and Gold Mining Theme or any other thematic opportunities.

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Other Information on Investing in CTBC Etf

CTBC USD financial ratios help investors to determine whether CTBC Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CTBC with respect to the benefits of owning CTBC USD security.

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