Coronation Equity Competition

0P0000ZVKQ   290.70  2.69  0.93%   
  

Coronation Equity Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Coronation Equity and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Coronation 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 Coronation Equity does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
0P0000IR6J0P0000IR5L
0P0000X5C80P0000JYZT
0P0000JYZT0P0000IR5L
0P0000X5C80P0000IR5L
0P0000JYZT0P0000IR6J
0P0000X5C80P0000IR6J
  
High negative correlations   
0P0000IQYY0P0000X5C7
0P0000ZVKQ0P0000X5C7
0P0000X5C70P0000IR6J
0P0000X5C70P0000IR5L
0P0000X5C80P0000X5C7
0P0000X5C70P0000JYZT

Risk-Adjusted Indicators

There is a big difference between Coronation Fund performing well and Coronation Equity Fund 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 Coronation Equity'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
0P0000IR5L  0.35  0.11  0.07  0.99  0.00 
 0.99 
 3.05 
0P0000IR56  0.59  0.13  0.08  1.23  0.42 
 1.05 
 7.23 
0P0000IR6J  0.32  0.08  0.01  0.88  0.00 
 0.82 
 2.51 
0P0000JYZT  0.34  0.11  0.06  1.62  0.00 
 0.99 
 2.12 
0P0000X5C7  0.57  0.04 (0.06) 0.82  0.72 
 1.52 
 4.00 
0P0000X5C8  0.34  0.11  0.06  1.61  0.00 
 0.99 
 2.12 
0P000161AC  0.63  0.04 (0.06) 16.32  0.68 
 1.29 
 3.46 
0P0000IQYY  0.79  0.21  0.14  1.83  0.58 
 1.90 
 5.44 
0P0000ZVKQ  0.48  0.22  0.30  2.15  0.00 
 1.35 
 2.74 

Coronation Equity Competitive Analysis

The better you understand Coronation Equity competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Coronation Equity'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 Coronation Equity'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
0P0000ZVKQ 0P0000IR5L 0P0000IR56 0P0000IR6J 0P0000JYZT 0P0000X5C7 0P0000X5C8 0P000161AC 0P0000IQYY
 0.93 
 290.70 
Coronation
 0.77 
 164.55 
Coronation
 0.97 
 299.08 
Coronation
 0.82 
 57.70 
Coronation
 0.76 
 164.81 
Coronation
 0.34 
 220.72 
Coronation
 0.76 
 164.80 
Coronation
 0.67 
 42.23 
Coronation
 1.90 
 233.45 
Coronation
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
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Daily Balance Of Power
Day Typical Price
Period Momentum Indicator
Rate Of Daily Change
Day Median Price
Price Action Indicator
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

Coronation Equity Competition Performance Charts

Five steps to successful analysis of Coronation Equity Competition

Coronation Equity'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 Coronation Equity in relation to its competition. Coronation Equity's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Coronation Equity 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 Coronation Equity's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Coronation 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.
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 Coronation Equity position

In addition to having Coronation Equity 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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Latest Gainers Theme
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 187 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 Latest Gainers Theme or any other thematic opportunities.
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