Ether Fund Competition

QETH-U Etf   51.99  0.37  0.71%   
Ether Fund competes with Ether ETF, NBI High, NBI Unconstrained, Mackenzie Developed, and BMO Short; as well as few others. Analyzing Ether Fund 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 Ether Fund to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Your Equity Center 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 Ether Fund competition on your existing holdings.
  
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Ether Fund Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ether Fund 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 Ether 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 Ether Fund does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
CRMT
JPMCRM
JPMT
XOMUBER
MRKA
MSFTMETA
  
High negative correlations   
MRKJPM
MRKCRM
CRMUBER
XOMMSFT
MRKT
TUBER

Ether Fund Competition Risk-Adjusted Indicators

There is a big difference between Ether Etf performing well and Ether Fund 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 Ether Fund'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
META  1.16  0.07  0.03  0.45  1.43 
 2.62 
 7.43 
MSFT  0.86 (0.01)(0.01) 0.00  1.62 
 1.78 
 8.14 
UBER  1.72 (0.26) 0.00 (0.27) 0.00 
 2.67 
 20.41 
F  1.44 (0.12) 0.00 (0.68) 0.00 
 2.53 
 11.21 
T  0.95  0.10  0.07  0.48  1.12 
 1.93 
 7.95 
A  1.24 (0.08) 0.00 (0.29) 0.00 
 2.71 
 9.02 
CRM  1.49  0.36  0.23  0.29  1.31 
 3.18 
 14.80 
JPM  1.04  0.20  0.14 (1.99) 1.08 
 1.99 
 15.87 
MRK  0.98 (0.25) 0.00 (0.99) 0.00 
 1.72 
 5.17 
XOM  0.90 (0.12) 0.00 (0.37) 0.00 
 1.83 
 6.06 

Ether Fund Competitive Analysis

The better you understand Ether Fund competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ether Fund'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 Ether Fund'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
QETH-U QETH-UN ETHR NHYB NUBF QDXB ZSB ZBI
 0.71 
 51.99 
Ether
 0.88 
 75.81 
Ether
 1.25 
 16.56 
Ether
 0.23 
 21.71 
NBI
 0.14 
 21.04 
NBI
 0.25 
 89.41 
Mackenzie
 0.27 
 48.73 
BMO
 0.07 
 30.48 
BMO
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
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Trade Advice
(90 Days Macroaxis Advice)
Equity Positions Weight
Three Year Return
Net Asset
Five Year Return
One Year Return
Bond Positions Weight
Beta
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
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

Ether Fund Competition Performance Charts

Five steps to successful analysis of Ether Fund Competition

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

In addition to having Ether Fund 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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Books
Books Theme
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 48 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 Books Theme or any other thematic opportunities.
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