KIM KINDEX Competition

332500 Etf

21,230 490.00 2.36%

Analyzing KIM KINDEX 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 KIM KINDEX to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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 KIM KINDEX competition on your existing holdings.

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KIM KINDEX Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between KIM KINDEX 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 KIM 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 KIM KINDEX 200TotalReturn does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.69	-0.51	-0.41	0.48	0.27	0.58	0.3	-0.22	-0.44	META
MSFT	0.69		-0.6	-0.31	0.44	0.09	0.49	0.28	-0.08	-0.76	MSFT
UBER	-0.51	-0.6		0.39	-0.7	0.17	-0.75	-0.52	0.56	0.67	UBER
F	-0.41	-0.31	0.39		0.05	-0.28	0.01	0.34	-0.11	0.61	F
T	0.48	0.44	-0.7	0.05		-0.32	0.88	0.85	-0.72	-0.35	T
A	0.27	0.09	0.17	-0.28	-0.32		-0.32	-0.51	0.67	0.03	A
CRM	0.58	0.49	-0.75	0.01	0.88	-0.32		0.89	-0.8	-0.38	CRM
JPM	0.3	0.28	-0.52	0.34	0.85	-0.51	0.89		-0.84	-0.16	JPM
MRK	-0.22	-0.08	0.56	-0.11	-0.72	0.67	-0.8	-0.84		0.15	MRK
XOM	-0.44	-0.76	0.67	0.61	-0.35	0.03	-0.38	-0.16	0.15		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.89	CRM
CRM	+ 0.88	T
JPM	+ 0.85	T
MSFT	+ 0.69	META
XOM	+ 0.67	UBER
MRK	+ 0.67	A

High negative correlations

MRK	- 0.84	JPM
MRK	- 0.8	CRM
XOM	- 0.76	MSFT
CRM	- 0.75	UBER
MRK	- 0.72	T
T	- 0.7	UBER

KIM KINDEX Competition Risk-Adjusted Indicators

There is a big difference between KIM Etf performing well and KIM KINDEX 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 KIM KINDEX'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	1.16	0.06	0.03	0.15	1.43	(1.27)	2.62	(3.15)	7.43
MSFT	0.87	(0.02)	(0.02)	(0.01)	1.63	(0.78)	1.78	(2.23)	8.14
UBER	1.71	(0.32)	0.00	(0.34)	0.00	0.00	2.67	(5.35)	20.41
F	1.44	(0.15)	0.00	(0.08)	0.00	0.00	2.53	(2.90)	11.21
T	0.96	0.11	0.08	0.52	1.12	(1.02)	1.93	(1.99)	7.95
A	1.24	(0.09)	0.00	(0.16)	0.00	0.00	2.71	(2.42)	9.02
CRM	1.48	0.37	0.23	0.30	1.30	(1.66)	3.18	(2.88)	14.80
JPM	1.04	0.16	0.14	0.11	1.08	(1.20)	1.99	(1.44)	15.87
MRK	0.96	(0.27)	0.00	(1.10)	0.00	0.00	1.72	(2.17)	5.17
XOM	0.90	(0.14)	0.00	(0.43)	0.00	0.00	1.83	(2.14)	6.06

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KIM KINDEX Competitive Analysis

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

	332500	114460	105190	305050	245710	219900	238720
	2.36 21,230 KIM	0.01 103,295 KIM	1.75 32,795 KIM	2.02 25,300 KIM	0.99 21,390 KIM	0.15 3,320 KIM	1.06 27,770 KIM
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Good	Very Weak	Very Weak	OK	Good	Insignificant
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Unknown	Unknown	Unknown	Unknown	Unknown	Unknown
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Sell	Sell	Strong Hold	Strong Hold	Strong Sell	Strong Hold
Day Typical Price	21153.33	103288.0	32755.0	25155.0	21328.33	3310.0	27681.67
Accumulation Distribution	319.91	0.0021	5360.33	20.96	491.21	0.018	19.23
Market Facilitation Index	0.0124	220.0	0.001	0.36	0.0044	60.0	0.14
Daily Balance Of Power	1.689655	0.0682	1.313953	1.149425	0.9767	(0.08)	1.054545
Period Momentum Indicator	490.0	15.0	565.0	500.0	210.0	(5.00)	290.0
Rate Of Daily Change	1.02	1.0	1.02	1.02	1.01	1.0	1.01
Day Median Price	21115.0	103285.0	32735.0	25082.5	21297.5	3305.0	27637.5
Price Action Indicator	360.0	17.5	342.5	467.5	197.5	12.5	277.5
Coefficient Of Variation	(1,077)	659.42	(1,118)	(1,090)	946.04	515.6	1271.75
Mean Deviation	0.9474	0.0786	0.9357	0.9115	0.5914	2.86	0.9431
Jensen Alpha	(0.12)	0.0059	(0.12)	(0.12)	0.0684	0.8374	0.0914
Total Risk Alpha	(0.16)	0.0032	(0.15)	(0.15)	0.0514	0.711	0.057
Sortino Ratio	N/A	(0.13)	N/A	N/A	0.0675	0.1988	0.0508
Downside Variance	N/A	0.0158	N/A	N/A	0.5781	16.62	2.0
Standard Deviation	1.2	0.1071	1.21	1.16	0.7902	4.34	1.32
Kurtosis	(0.29)	3.38	(0.08)	(0.27)	0.9541	2.57	3.72
Potential Upside	1.72	0.1432	1.69	1.87	1.54	8.32	2.09
Treynor Ratio	4.06	0.4796	1.94	4.5	0.3201	(3.89)	0.7912
Maximum Drawdown	5.26	0.5557	5.73	4.66	3.9	25.4	8.38
Variance	1.44	0.0115	1.45	1.35	0.6244	18.88	1.75
Market Risk Adjusted Performance	4.07	0.4896	1.95	4.51	0.3301	(3.88)	0.8012
Risk Adjusted Performance	(0.07)	0.0561	(0.07)	(0.07)	0.0837	0.1618	0.0663
Skewness	(0.03)	(0.94)	0.0521	(0.01)	0.3879	0.7035	(0.77)
Semi Deviation	N/A	0.0	N/A	N/A	0.6339	3.11	1.18
Information Ratio	(0.12)	(0.15)	(0.12)	(0.12)	0.065	0.1865	0.0543
Value At Risk	(2.28)	(0.12)	(2.15)	(1.98)	(1.06)	(6.06)	(1.75)
Expected Short fall	N/A	(0.08)	N/A	N/A	(0.64)	(3.25)	(1.07)
Downside Deviation	N/A	0.1258	N/A	N/A	0.7603	4.08	1.41
Semi Variance	N/A	(0)	N/A	N/A	0.4018	9.65	1.4

KIM KINDEX Competition Performance Charts

Five steps to successful analysis of KIM KINDEX Competition

KIM KINDEX'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 KIM KINDEX 200TotalReturn in relation to its competition. KIM KINDEX's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of KIM KINDEX 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 KIM KINDEX's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to KIM KINDEX 200TotalReturn, 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 KIM KINDEX position

In addition to having KIM KINDEX 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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