CDAX Index Competition

Indexes . Germany . 
Index . CDAX Index
CDAXX Index   1,816  0.38  0.02%   
CDAX Index competes with Forsys Metals, TEXAS ROADHOUSE, Gold Road, NAGOYA RAILROAD, and Liberty Broadband; as well as few others. Analyzing CDAX Index 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 CDAX Index 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 index could be closely tied with the direction of predictive economic indicators such as signals in interest.
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 CDAX Index competition on your existing holdings.
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CDAX Index'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.

CDAX Index Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between CDAX Index and its competitors represents the degree of relationship between the price movements of corresponding indexs. A correlation of about +1.0 implies that the price of CDAX 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 CDAX Index does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
1YD
+ 0.7
E6Q
8L8
+ 0.51
ROW
59V
+ 0.47
ROW
FJZ
+ 0.34
E6Q
FJZ
+ 0.24
F2T
ROW
+ 0.23
F2T
  
High negative correlations   
8L8
- 0.69
E6Q
1YD
- 0.66
8L8
1YD
- 0.65
ROW
FJZ
- 0.5
59V
E6Q
- 0.45
ROW
FJZ
- 0.41
ROW

Risk-Adjusted Indicators

There is a big difference between CDAX Index performing well and CDAX Index Index 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 CDAX Index'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.
All Fundamental Data

CDAX Index Competitive Analysis

The better you understand CDAX Index competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, CDAX Index'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 CDAX Index'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
CDAXX F2T ROW E6Q 59V 8L8 FJZ S4Q 1YD
 0.02 
 1,816 
CDAX
 7.69 
 0.36 
Forsys
 0.84 
 170.15 
TEXAS
 0.68 
 1.48 
Gold
 0.99 
 10.20 
NAGOYA
 1.36 
 74.50 
Liberty
 0.56 
 1.78 
Zijin
 0.00 
 0.13 
SAFEROADS
 2.00 
 232.10 
Broadcom
Market Volatility
(90 Days Market Risk)
Very steady
Out of control
Very steady
Very risky
Not too volatile
Very steady
Very risky
Very steady
Very steady
Market Performance
(90 Days Performance)
Good
Very Weak
Very Weak
Solid
Insignificant
Very Weak
Very Weak
Very Weak
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Unknown
Quite High
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over 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)
Strong Hold
Strong Sell
Strong Sell
Strong Buy
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Current Ratio
2.92
N/A
13.97
N/A
2.53
0.85
N/A
N/A
Net Asset
24.86 M
2.53 B
1.03 B
N/A
15.14 B
208.59 B
15.37 M
73.25 B
Profit Margin
N/A
N/A
0.17
0.0304
1.29
0.0808
N/A
N/A
EBITDA
(3.86 M)
458.67 M
177.88 M
54.74 B
1.93 B
34.76 B
N/A
19.16 B
Current Valuation
56.65 M
6.54 B
1.13 B
N/A
15.83 B
48.72 B
6.15 M
234.65 B
Price To Book
3.28
6.34
2.62
N/A
1.5
2.97
1.01
9.73
Operating Margin
N/A
N/A
0.25
0.0297
0.0287
0.11
N/A
N/A
Five Year Return
N/A
N/A
N/A
N/A
N/A
3.52
N/A
N/A
Beta
1.02
N/A
0.68
0.0918
1.14
1.48
N/A
N/A
Number Of Employees
4
N/A
6
28.8 K
15
43.88 K
N/A
N/A
Shares Outstanding
195.17 M
N/A
1.08 B
196.53 M
18.25 M
5.74 B
N/A
N/A
Cash Flow From Operations
(1.35 M)
511.73 M
89.24 M
N/A
(56 M)
26.07 B
N/A
16.74 B
Annual Yield
N/A
0.0266
0.0108
0.0195
N/A
0.0204
N/A
0.036
Total Debt
N/A
50 M
N/A
N/A
2.42 B
49.42 B
2.48 M
39.05 B
Return On Equity
0.21
N/A
0.1
0.0409
0.13
0.24
N/A
N/A
Z Score
N/A
65.8
N/A
N/A
2.4
1.0
N/A
3.0
Return On Asset
-0.0384
N/A
0.072
0.0083
0.0011
0.0738
N/A
N/A
Book Value Per Share
0.14
N/A
0.77
1984.72
57.87
3.23
N/A
N/A
Total Asset
24.86 M
2.53 B
1.03 B
N/A
15.14 B
208.59 B
15.37 M
73.25 B
Last Dividend Paid
N/A
0.3
0.015
12.5
N/A
0.2
N/A
N/A
Debt To Equity
N/A
N/A
N/A
N/A
4.9
85.1
N/A
N/A
Target Price
N/A
N/A
N/A
N/A
217.67
N/A
N/A
N/A
Shares Owned By Institutions
26.12
N/A
42.46
34.68
87.82
50.09
N/A
N/A
Market Capitalization
65.74 M
5.41 B
1.05 B
2.94 B
11.83 B
42.04 B
N/A
230.23 B
Price To Earnings To Growth
N/A
1.96
N/A
N/A
N/A
N/A
N/A
0.86
Price To Earning
N/A
N/A
2.41
N/A
223.23
11.61
N/A
N/A
Price To Sales
N/A
1.64
3.32
N/A
10.53
0.14
0.58
6.97
Net Income
(3.86 M)
269.82 M
63.7 M
N/A
1.26 B
15.67 B
N/A
11.49 B
Earnings Per Share
0.02
N/A
0.04
0.54
7.56
0.11
N/A
N/A
Shares Owned By Insiders
37.5
N/A
4.05
1.77
9.72
0.34
N/A
N/A
Revenue
N/A
4.01 B
382.94 M
529.76 B
975 M
225.1 B
N/A
33.2 B
Cash And Equivalents
153.98 K
N/A
188.71 M
N/A
67.13 M
1.7 B
N/A
N/A
Cash Per Share
N/A
N/A
0.22
N/A
0.37
0.07
N/A
N/A
Gross Profit
N/A
N/A
148.4 M
48.79 B
722 M
34.69 B
N/A
N/A
Day Typical Price
1818.86
0.36
170.15
1.48
10.23
74.67
1.78
0.13
231.5
Accumulation Distribution
804169.0
N/A
N/A
N/A
0.15
0.0667
N/A
N/A
0.0269
Market Facilitation Index
N/A
N/A
N/A
N/A
0.0067
0.05
N/A
N/A
6.3
Daily Balance Of Power
(0.03)
(9,223,372,036,855)
(9,223,372,036,855)
9.2 T
1.0
2.0
(9,223,372,036,855)
0.0
0.7222
Period Momentum Indicator
(0.38)
(0.03)
(1.45)
0.01
0.1
1.0
(0.01)
N/A
4.55
Rate Of Daily Change
1.0
0.92
0.99
1.01
1.01
1.01
0.99
1.0
1.02
Day Median Price
1820.27
0.36
170.15
1.48
10.25
74.75
1.78
0.13
231.2
Price Action Indicator
(4.41)
(0.01)
(0.72)
0.005
N/A
0.25
(0.01)
N/A
3.17
Relative Strength Index
53.88
49.73
45.57
62.43
47.92
37.61
60.59
N/A
61.17
Coefficient Of Variation
678.61
(1,308)
(50,673)
467.68
1950.27
42822.51
(7,009)
N/A
588.14
Mean Deviation
0.6141
3.34
1.24
1.77
1.3
1.77
2.52
N/A
2.52
Total Risk Alpha
0.0613
(0.59)
(0.10)
0.3425
(0.01)
(0.16)
(0.24)
N/A
0.4638
Jensen Alpha
N/A
(0.35)
(0.02)
0.4496
0.0984
(0.06)
(0.04)
N/A
0.7309
Sortino Ratio
0.0826
N/A
N/A
0.2063
0.0227
(0.02)
N/A
N/A
0.258
Downside Variance
0.4725
N/A
N/A
4.05
4.96
6.91
N/A
N/A
6.09
Standard Deviation
0.7606
4.44
1.65
2.2
2.06
2.94
3.43
N/A
4.07
Kurtosis
0.0338
1.78
0.8924
(0.09)
8.64
10.25
0.6269
N/A
10.69
Potential Upside
1.39
6.98
2.98
4.88
2.97
3.5
6.04
N/A
6.26
Maximum Drawdown
3.62
24.12
9.13
9.16
16.05
22.48
17.86
N/A
25.96
Treynor Ratio
N/A
(6.91)
(0.29)
1.92
(1.70)
(0)
0.1603
N/A
(0.63)
Variance
0.5784
19.72
2.71
4.84
4.26
8.64
11.75
N/A
16.56
Market Risk Adjusted Performance
N/A
(6.90)
(0.28)
1.93
(1.69)
0.0076
0.1703
N/A
(0.62)
Risk Adjusted Performance
0.1234
(0.06)
0.0032
0.1869
0.0492
0.0091
(0)
N/A
0.1516
Skewness
(0.09)
0.8219
0.3737
0.2591
1.25
1.92
0.1273
N/A
2.59
Semi Deviation
0.5731
N/A
N/A
1.71
1.61
2.25
N/A
N/A
2.07
Information Ratio
0.0747
(0.09)
(0.04)
0.1887
0.0245
(0.02)
(0.03)
N/A
0.1564
Value At Risk
(1.24)
(7.50)
(2.32)
(3.57)
(2.88)
(3.92)
(5.52)
N/A
(4.88)
Expected Short fall
(0.72)
N/A
N/A
(2.10)
(1.78)
(2.19)
N/A
N/A
(3.10)
Downside Deviation
0.6874
N/A
N/A
2.01
2.23
2.63
N/A
N/A
2.47
Semi Variance
0.3284
N/A
N/A
2.94
2.59
5.07
N/A
N/A
4.29

CDAX Index Competition Performance Charts

Five steps to successful analysis of CDAX Index Competition

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

In addition to having CDAX Index 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 Broad Equity ETFs Thematic Idea Now

Broad Equity ETFs
Broad Equity ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Equity ETFs theme has 487 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 Broad Equity ETFs Theme or any other thematic opportunities.
View All  Next Launch
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY