SHP ETF Competition

SPYI Etf  USD 52.40  0.03  0.06%   
SHP ETF Trust competes with IShares Trust, Simplify Volatility, Tidal Trust, SHP ETF, and Global X; as well as few others. Analyzing SHP ETF 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 SHP ETF to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out SHP ETF 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 SHP ETF competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SHP ETF'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.
Hype
Prediction
LowEstimatedHigh
51.8652.3852.90
Details
Intrinsic
Valuation
LowRealHigh
51.3751.8952.41
Details
Naive
Forecast
LowNextHigh
51.9652.4853.00
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
51.7052.0252.35
Details

SHP ETF Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between SHP ETF 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 SHP 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 SHP ETF Trust does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
XYLGCSHI
CSHITSLY
XYLGTSLY
TSLYSVOL
XYLGSVOL
CSHISVOL
  
High negative correlations   
CSHITLTW
XYLGTLTW
TSLYTLTW

SHP ETF Constituents Risk-Adjusted Indicators

There is a big difference between SHP Etf performing well and SHP ETF 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 SHP ETF'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.

SHP ETF Competitive Analysis

The better you understand SHP ETF competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, SHP ETF'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 SHP ETF'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
SPYI TLTW SVOL TSLY CSHI XYLG
 0.06 
 52.40 
SHP
 0.36 
 25.18 
IShares
 0.32 
 21.91 
Simplify
 1.63 
 14.97 
Tidal
 0.06 
 49.89 
SHP
 0.27 
 33.32 
Global
Market Volatility
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(Probability Of Bankruptcy)
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(Equity Enterprise Value)
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(90 Days Macroaxis Advice)
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Market Facilitation Index
Daily Balance Of Power
Period Momentum Indicator
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Day Median Price
Price Action Indicator
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Jensen Alpha
Total Risk Alpha
Sortino Ratio
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Market Risk Adjusted Performance
Risk Adjusted Performance
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Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

SHP ETF Competition Performance Charts

Five steps to successful analysis of SHP ETF Competition

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

In addition to having SHP ETF 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 Cigarettes Thematic Idea Now

Cigarettes
Cigarettes Theme
Tobacco makers and distributors across globe. The Cigarettes theme has 47 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 Cigarettes Theme or any other thematic opportunities.
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When determining whether SHP ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SHP ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shp Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Shp Etf Trust Etf:
Check out SHP ETF Correlation with its peers.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of SHP ETF Trust is measured differently than its book value, which is the value of SHP that is recorded on the company's balance sheet. Investors also form their own opinion of SHP ETF's value that differs from its market value or its book value, called intrinsic value, which is SHP ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SHP ETF's market value can be influenced by many factors that don't directly affect SHP ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SHP ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if SHP ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SHP ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.