Deka EURO Competition

EL4G Etf

EUR 16.44 0.01 0.06%

Deka EURO STOXX competes with UBS Fund, Xtrackers, Xtrackers Nikkei, IShares VII, and SPDR Gold; as well as few others. Analyzing Deka EURO 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 Deka EURO to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Deka EURO 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 Deka EURO competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
15.77	16.44	17.11

Details

Intrinsic

Valuation

Low	Real	High
15.22	15.89	16.56

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Deka EURO. Your research has to be compared to or analyzed against Deka EURO's peers to derive any actionable benefits. When done correctly, Deka EURO'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 Deka EURO STOXX.

Deka EURO Competition Correlation Matrix

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

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.42	-0.28	-0.21	0.51	0.28	0.65	0.43	-0.4	0.02	META
MSFT	0.42		-0.49	-0.08	0.36	0.16	0.29	0.17	0.1	-0.72	MSFT
UBER	-0.28	-0.49		0.09	-0.7	0.11	-0.59	-0.46	0.4	0.47	UBER
F	-0.21	-0.08	0.09		0.18	-0.47	0.26	0.51	-0.32	0.33	F
T	0.51	0.36	-0.7	0.18		-0.29	0.88	0.85	-0.72	-0.17	T
A	0.28	0.16	0.11	-0.47	-0.29		-0.26	-0.46	0.57	-0.08	A
CRM	0.65	0.29	-0.59	0.26	0.88	-0.26		0.92	-0.83	0.03	CRM
JPM	0.43	0.17	-0.46	0.51	0.85	-0.46	0.92		-0.87	0.11	JPM
MRK	-0.4	0.1	0.4	-0.32	-0.72	0.57	-0.83	-0.87		-0.25	MRK
XOM	0.02	-0.72	0.47	0.33	-0.17	-0.08	0.03	0.11	-0.25		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.92	CRM
CRM	+ 0.88	T
JPM	+ 0.85	T
CRM	+ 0.65	META
MRK	+ 0.57	A
T	+ 0.51	META

High negative correlations

MRK	- 0.87	JPM
MRK	- 0.83	CRM
MRK	- 0.72	T
XOM	- 0.72	MSFT
T	- 0.7	UBER
CRM	- 0.59	UBER

Deka EURO Competition Risk-Adjusted Indicators

There is a big difference between Deka Etf performing well and Deka EURO 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 Deka EURO'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	1.15	0.21	0.11	0.55	1.25	(1.33)	3.22	(1.87)	8.02
MSFT	0.84	0.02	(0.01)	0.12	1.45	(0.79)	1.83	(1.57)	8.14
UBER	1.83	(0.28)	0.00	(0.13)	0.00	0.00	2.69	(5.35)	20.41
F	1.36	(0.13)	(0.04)	0.00	2.10	(1.41)	2.53	(2.79)	11.21
T	0.97	0.15	0.06	2.52	1.02	(1.08)	2.36	(1.99)	6.74
A	1.22	0.00	(0.04)	0.09	1.46	(1.30)	2.71	(2.41)	9.02
CRM	1.47	0.40	0.29	0.38	1.04	(1.72)	3.59	(1.93)	13.87
JPM	1.01	0.08	0.13	0.13	0.94	(1.19)	1.73	(1.42)	15.87
MRK	0.96	(0.20)	0.00	(0.82)	0.00	0.00	2.00	(2.17)	5.18
XOM	0.89	(0.02)	(0.07)	0.02	1.18	(0.97)	1.83	(1.96)	6.06

Unable to evaluate fundamental data of [UIM5.F, XJSE.F, XDJP.F, SXRZ.F, GQ9.MU, VUSA.F, EXX7.F, SXR8.F, IS3N.F, IBC3.F] at this time. Please try again later

All Fundamental Data

Deka EURO Competitive Analysis

The better you understand Deka EURO competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Deka EURO'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 Deka EURO's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

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	EL4G	UIM5	XJSE	XDJP	SXRZ	GQ9	VUSA	EXX7	SXR8	IS3N
	0.06 16.44 Deka	1.63 52.51 UBS	1.03 7.67 Xtrackers	1.48 25.26 Xtrackers	1.43 245.40 IShares	0.74 233.03 SPDR	0.53 109.06 Vanguard	0.92 24.86 IShares	0.31 611.38 IShares	0.36 33.44 IShares
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Modest	Very Weak	Modest	OK	Good	Solid	OK	Solid	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Fairly Valued	Over Valued	Over Valued	Over Valued	Under Valued	Fairly Valued	Under Valued	Fairly 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	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Strong Sell	Cautious Hold	Strong Sell	Strong Sell	Sell	Strong Buy	Strong Hold	Strong Buy	Strong Hold
Equity Positions Weight	100.0	99.25	N/A	98.59	99.24	N/A	100.0	99.08	99.68	98.72
Three Year Return	-9.33	9.49	N/A	N/A	10.77	4.27	13.93	N/A	17.45	10.06
Net Asset	158.86 M	72.17 B	66.28 B	36.46 B	35.01 B	29.81 B	22.89 B	18.13 B	16.65 B	13.36 B
Five Year Return	-2.66	5.47	2.18	8.74	12.81	16.63	10.35	8.02	16.84	1.4
One Year Return	-26.52	-7.01	N/A	-3.73	34.71	-4.59	8.85	N/A	40.98	0.89
Last Dividend Paid	0.05	N/A	N/A	27.95	N/A	N/A	N/A	2.14	N/A	N/A
Bond Positions Weight	N/A	N/A	99.57	N/A	N/A	N/A	N/A	N/A	N/A	0.03
Ten Year Return	2.82	6.36	N/A	N/A	12.81	3.72	N/A	N/A	13.97	N/A
Day Typical Price	16.44	52.68	7.7	25.35	246.17	233.89	109.32	24.86	612.05	33.55
Accumulation Distribution	N/A	0.0117	0.0116	0.0121	0.0113	0.011	0.0073	0.0048	0.0079	0.0121
Market Facilitation Index	N/A	0.62	0.09	0.31	2.8	2.58	0.8	0.12	4.84	0.41
Daily Balance Of Power	(9,223,372,036,855)	(1.40)	(0.89)	(1.23)	(1.27)	(0.67)	(0.72)	(1.92)	(0.40)	(0.29)
Period Momentum Indicator	(0.01)	(0.87)	(0.08)	(0.38)	(3.55)	(1.73)	(0.58)	(0.23)	(1.92)	(0.12)
Rate Of Daily Change	1.0	0.98	0.99	0.99	0.99	0.99	0.99	0.99	1.0	1.0
Day Median Price	16.44	52.76	7.72	25.4	246.55	234.32	109.45	24.86	612.38	33.61
Price Action Indicator	(0.01)	(0.69)	(0.09)	(0.32)	(2.92)	(2.16)	(0.68)	(0.12)	(1.96)	(0.23)
Coefficient Of Variation	(5,592)	1314.98	(1,205)	1327.04	1308.07	566.93	443.3	1172.6	417.05	833.62
Mean Deviation	0.5703	0.8011	0.4911	0.8646	0.8067	0.7382	0.5613	0.8237	0.5298	0.7304
Jensen Alpha	(0.02)	0.078	(0.08)	0.0915	0.0911	0.1836	0.1677	0.0206	0.178	0.0818
Total Risk Alpha	(0.11)	(0.06)	(0.18)	(0.07)	(0.06)	0.0413	0.0769	(0.06)	0.0865	(0.01)
Sortino Ratio	N/A	(0.02)	N/A	(0.01)	(0.01)	0.0694	0.1125	4.0E-4	0.1328	0.0212
Downside Variance	N/A	0.8929	N/A	1.36	1.27	1.12	0.69	1.18	0.5697	0.9527
Standard Deviation	0.6897	1.05	0.8206	1.14	1.14	0.9838	0.8581	1.18	0.8356	1.01
Kurtosis	(0.09)	0.2837	14.51	0.2187	0.8284	1.86	8.59	1.54	10.12	1.05
Potential Upside	0.8961	2.0	1.07	1.72	2.19	1.64	1.19	2.3	1.25	1.95
Treynor Ratio	0.2781	(0.75)	(1.23)	(0.44)	(0.49)	(0.73)	1.05	0.1166	1.38	0.3436
Maximum Drawdown	2.88	5.05	5.42	5.27	5.43	5.73	6.02	5.3	5.99	5.55
Variance	0.4757	1.1	0.6734	1.3	1.29	0.9678	0.7363	1.39	0.6983	1.01
Market Risk Adjusted Performance	0.2881	(0.74)	(1.22)	(0.43)	(0.48)	(0.72)	1.06	0.1266	1.39	0.3536
Risk Adjusted Performance	(0.01)	0.0582	(0.06)	0.0583	0.0591	0.1305	0.1651	0.0657	0.1752	0.0898
Skewness	0.249	0.2768	2.66	(0.03)	0.2283	(0.69)	1.32	0.5502	1.63	(0.02)
Semi Deviation	N/A	0.857	N/A	1.02	0.9318	0.8357	0.4986	0.8911	0.3754	0.8596
Information Ratio	(0.16)	(0.02)	(0.20)	(0.01)	(0.01)	0.0746	0.1089	3.0E-4	0.12	0.0206
Value At Risk	(0.98)	(1.63)	(1.16)	(2.09)	(1.89)	(1.41)	(1.04)	(2.02)	(1.05)	(1.48)
Expected Short fall	N/A	(0.90)	N/A	(0.92)	(1.04)	(0.79)	(0.62)	(1.07)	(0.59)	(0.83)
Downside Deviation	N/A	0.9449	N/A	1.17	1.12	1.06	0.8307	1.08	0.7548	0.976
Semi Variance	N/A	0.7345	N/A	1.03	0.8683	0.6983	0.2486	0.7941	0.1409	0.7388

Deka EURO Competition Performance Charts

Five steps to successful analysis of Deka EURO Competition

Deka EURO'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 Deka EURO STOXX in relation to its competition. Deka EURO's competition analysis typically involves several steps, including:

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

In addition to having Deka EURO 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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Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds theme has 43 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 Aggressive Funds Theme or any other thematic opportunities.

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Other Information on Investing in Deka Etf

Deka EURO financial ratios help investors to determine whether Deka 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 Deka with respect to the benefits of owning Deka EURO security.

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