Ivy International Competition

ICEIX Fund

USD 21.31 0.24 1.11%

Ivy International competes with Ivy Large, Ivy Small, Ivy High, Ivy Apollo, and Ivy Apollo; as well as few others. The fund is listed under Foreign Large Blend category and is part of Ivy Funds family. Analyzing Ivy International 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 Ivy International to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Ivy International 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 Ivy International competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
20.51	21.31	22.11

Details

Intrinsic

Valuation

Low	Real	High
20.60	21.40	22.20

Details

Ivy International Competition Correlation Matrix

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

	ILGRX	WRGCX	WRHIX	IMACX	IMAIX	IMAYX	WSCYX	IMEGX	WSGRX	WASCX
ILGRX		0.79	0.45	-0.7	-0.67	-0.68	0.85	-0.43	0.84	0.43	ILGRX
WRGCX	0.79		0.47	-0.41	-0.37	-0.38	0.97	-0.37	0.99	0.62	WRGCX
WRHIX	0.45	0.47		0.01	0.05	0.03	0.52	0.32	0.51	0.44	WRHIX
IMACX	-0.7	-0.41	0.01		1.0	1.0	-0.46	0.71	-0.44	0.11	IMACX
IMAIX	-0.67	-0.37	0.05	1.0		1.0	-0.43	0.72	-0.41	0.15	IMAIX
IMAYX	-0.68	-0.38	0.03	1.0	1.0		-0.44	0.72	-0.42	0.13	IMAYX
WSCYX	0.85	0.97	0.52	-0.46	-0.43	-0.44		-0.42	1.0	0.5	WSCYX
IMEGX	-0.43	-0.37	0.32	0.71	0.72	0.72	-0.42		-0.41	0.32	IMEGX
WSGRX	0.84	0.99	0.51	-0.44	-0.41	-0.42	1.0	-0.41		0.55	WSGRX
WASCX	0.43	0.62	0.44	0.11	0.15	0.13	0.5	0.32	0.55		WASCX
	ILGRX	WRGCX	WRHIX	IMACX	IMAIX	IMAYX	WSCYX	IMEGX	WSGRX	WASCX

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High positive correlations

IMAIX	+ 1.0	IMACX
IMAYX	+ 1.0	IMACX
IMAYX	+ 1.0	IMAIX
WSGRX	+ 1.0	WSCYX
WSGRX	+ 0.99	WRGCX
WSCYX	+ 0.97	WRGCX

High negative correlations

IMACX	- 0.7	ILGRX
IMAYX	- 0.68	ILGRX
IMAIX	- 0.67	ILGRX
WSCYX	- 0.46	IMACX
WSCYX	- 0.44	IMAYX
WSGRX	- 0.44	IMACX

Risk-Adjusted Indicators

There is a big difference between Ivy Mutual Fund performing well and Ivy International Mutual 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 Ivy International'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
ILGRX	0.55	0.02	(0.01)	0.12	0.72	(0.58)	1.36	(1.30)	4.02
WRGCX	1.07	(0.18)	0.00	(0.03)	0.00	0.00	2.12	(1.71)	7.40
WRHIX	0.17	0.01	(0.24)	0.22	0.05	(0.29)	0.49	(0.33)	1.48
IMACX	0.33	(0.05)	0.00	(0.18)	0.00	0.00	0.62	(0.62)	2.25
IMAIX	0.34	(0.05)	0.00	(0.16)	0.00	0.00	0.63	(0.62)	2.35
IMAYX	0.34	(0.06)	0.00	(0.17)	0.00	0.00	0.62	(0.70)	2.25
WSCYX	0.97	(0.07)	(0.02)	0.04	1.17	(1.07)	2.19	(1.67)	7.31
IMEGX	0.70	(0.03)	(0.10)	(0.04)	0.98	(0.70)	1.66	(1.80)	4.44
WSGRX	1.01	(0.10)	(0.04)	0.02	1.44	(1.11)	2.21	(1.66)	7.33
WASCX	0.50	(0.10)	0.00	(0.11)	0.00	0.00	0.78	(1.00)	3.08

Unable to evaluate fundamental data of [ILGRX, WRGCX, WRHIX, IMACX, IMAIX, IMAYX, WSCYX, IMEGX, WSGRX, WASCX] at this time. Please try again later

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Ivy International Competitive Analysis

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

	ICEIX	ILGRX	WRGCX	WRHIX	IMACX	IMAIX	IMAYX	WSCYX	IMEGX	WSGRX
	1.11 21.31 Ivy	0.83 41.61 Ivy	10.76 6.72 Ivy	0.16 6.12 Ivy	0.31 9.58 Ivy	0.52 9.58 Ivy	0.52 9.58 Ivy	4.29 20.07 Ivy	2.97 19.95 Ivy	6.45 12.19 Ivy
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Somewhat reliable	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Not too volatile
Market Performance (90 Days Performance)	Very Weak	OK	Very Weak	OK	Very Weak	Very Weak	Very Weak	Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly 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)	Hold	Strong Hold	Strong Hold	Cautious Hold	Cautious Hold	Hold	Hold	Strong Hold	Cautious Hold	Strong Hold
Net Asset	6.94 B	3.99 B	2.6 B	5.62 B	512.05 M	512.05 M	512.05 M	2.6 B	2.15 B	2.6 B
Price To Book	1.57	4.2	3.75	257.07	N/A	N/A	N/A	3.75	N/A	3.07
Five Year Return	6.44	17.72	7.12	3.44	2.9	4.08	3.73	7.73	4.08	7.39
One Year Return	12.1	31.11	30.78	11.3	8.4	9.5	9.28	28.44	15.8	27.99
Last Dividend Paid	0.25	0.02	N/A	0.03	0.05	0.08	0.07	N/A	0.3	N/A
Price To Earning	2.0	24.89	26.95	800.0	N/A	N/A	N/A	26.95	1.63	25.2
Price To Sales	0.93	3.93	1.56	0.3	N/A	N/A	N/A	1.56	N/A	1.36
Cash Position Weight	0.76	1.05	0.82	1.69	1.28	5.49	1.28	0.82	0.35	0.82
Equity Positions Weight	99.24	98.95	99.18	3.1	58.64	48.35	58.64	99.18	99.65	99.18
Three Year Return	3.86	9.99	0.35	1.9	0.44	1.56	1.22	0.0122	-3.62	-0.28
Annual Yield	0.0259	N/A	N/A	0.0076	0.0421	0.0521	0.0501	N/A	0.032	N/A
Year To Date Return	8.5	26.59	21.36	7.06	4.45	5.48	5.21	20.42	10.35	20.11
Bond Positions Weight	N/A	N/A	N/A	16.21	3.89	44.59	3.89	N/A	N/A	N/A
Ten Year Return	5.19	15.38	11.3	5.14	N/A	N/A	N/A	12.18	3.88	11.8
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	21.31	41.61	6.72	6.12	9.58	9.58	9.58	20.07	19.95	12.19
Period Momentum Indicator	(0.24)	(0.35)	(0.81)	(0.01)	(0.03)	(0.05)	(0.05)	(0.90)	(0.61)	(0.84)
Rate Of Daily Change	0.99	0.99	0.89	1.0	1.0	0.99	0.99	0.96	0.97	0.94
Day Median Price	21.31	41.61	6.72	6.12	9.58	9.58	9.58	20.07	19.95	12.19
Price Action Indicator	(0.12)	(0.18)	(0.41)	(0.01)	(0.01)	(0.03)	(0.03)	(0.45)	(0.30)	(0.42)
Coefficient Of Variation	(6,749)	851.84	(6,119)	817.91	(1,619)	(1,797)	(1,656)	1882.22	66158.85	3966.46
Mean Deviation	0.5976	0.5519	1.07	0.1746	0.3256	0.34	0.3392	0.974	0.6992	1.01
Jensen Alpha	(0.05)	0.0219	(0.18)	0.0119	(0.05)	(0.05)	(0.06)	(0.07)	(0.03)	(0.10)
Total Risk Alpha	(0.12)	(0.02)	(0.27)	(0.01)	(0.09)	(0.09)	(0.09)	(0.11)	(0.13)	(0.16)
Sortino Ratio	N/A	(0.01)	N/A	(0.24)	N/A	N/A	N/A	(0.02)	(0.1)	(0.04)
Downside Variance	N/A	0.7714	N/A	0.0836	N/A	N/A	N/A	1.7	1.05	2.33
Standard Deviation	0.7934	0.7724	1.82	0.2479	0.4174	0.4342	0.4265	1.34	0.9523	1.47
Kurtosis	1.07	1.46	18.79	1.79	0.4113	0.365	0.1763	3.24	1.17	6.52
Potential Upside	1.11	1.36	2.12	0.4918	0.6237	0.6263	0.6154	2.19	1.66	2.21
Treynor Ratio	(0.07)	0.1237	(0.03)	0.2165	(0.18)	(0.16)	(0.17)	0.0422	(0.04)	0.0185
Maximum Drawdown	4.44	4.02	7.4	1.48	2.25	2.35	2.25	7.31	4.44	7.33
Variance	0.6294	0.5966	3.31	0.0615	0.1742	0.1886	0.1819	1.8	0.9069	2.16
Market Risk Adjusted Performance	(0.06)	0.1337	(0.02)	0.2265	(0.17)	(0.15)	(0.16)	0.0522	(0.03)	0.0285
Risk Adjusted Performance	(0.01)	0.0857	(0.01)	0.0694	(0.05)	(0.05)	(0.05)	0.0431	0.0035	0.0233
Skewness	(0.05)	(0.48)	(2.79)	0.4728	(0.05)	(0.01)	(0.11)	0.388	(0.28)	(0.60)
Semi Deviation	N/A	0.7235	N/A	0.0453	N/A	N/A	N/A	1.17	0.977	1.44
Information Ratio	(0.14)	(0.01)	(0.07)	(0.28)	(0.30)	(0.29)	(0.30)	(0.02)	(0.10)	(0.04)
Value At Risk	(1.11)	(1.30)	(1.71)	(0.33)	(0.62)	(0.62)	(0.70)	(1.67)	(1.80)	(1.66)
Expected Short fall	N/A	(0.58)	N/A	(0.29)	N/A	N/A	N/A	(1.07)	(0.70)	(1.11)
Downside Deviation	N/A	0.8783	N/A	0.2892	N/A	N/A	N/A	1.3	1.03	1.53
Semi Variance	N/A	0.5235	N/A	0.0021	N/A	N/A	N/A	1.38	0.9546	2.09

Ivy International Competition Performance Charts

Five steps to successful analysis of Ivy International Competition

Ivy International'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 Ivy International in relation to its competition. Ivy International's competition analysis typically involves several steps, including:

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

In addition to having Ivy International 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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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 Ivy Mutual Fund

Ivy International financial ratios help investors to determine whether Ivy Mutual Fund 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 Ivy with respect to the benefits of owning Ivy International security.

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