Satrix 40 Competition

STX40 Etf   7,652  1.00  0.01%   
Analyzing Satrix 40 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 Satrix 40 to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out World Market Map 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 Satrix 40 competition on your existing holdings.
  
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Satrix 40 Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Satrix 40 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 Satrix 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 Satrix 40 ETF 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

Satrix 40 Competition Risk-Adjusted Indicators

There is a big difference between Satrix Etf performing well and Satrix 40 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 Satrix 40'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 

Satrix 40 Competitive Analysis

The better you understand Satrix 40 competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Satrix 40'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 Satrix 40'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
STX40 GLOBAL STXCAP APACXJ STXSWX
 0.01 
 7,652 
Satrix
 1.81 
 1,576 
CoreShares
 0.17 
 4,231 
Indexco
 2.30 
 1,114 
Coreshares
 0.14 
 1,421 
Satrix
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
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
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

Satrix 40 Competition Performance Charts

Five steps to successful analysis of Satrix 40 Competition

Satrix 40'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 Satrix 40 ETF in relation to its competition. Satrix 40's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Satrix 40 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 Satrix 40's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Satrix 40 ETF, 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 Satrix 40 position

In addition to having Satrix 40 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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Business Services
Business Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 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 Business Services Theme or any other thematic opportunities.
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