United Hero Competition

UHERO Etf

8.45 0.25 3.05%

United Hero ETF competes with BCAP MSCI, BCAP SET100, KTAM Gold, WISE KTAM, and ThaiDEX SET; as well as few others. Analyzing United Hero 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 United Hero 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 persons.

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 United Hero competition on your existing holdings.

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United Hero Competition Correlation Matrix

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

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.69	-0.51	-0.41	0.48	0.27	0.58	0.3	-0.22	-0.44	META
MSFT	0.69		-0.6	-0.31	0.44	0.09	0.49	0.28	-0.08	-0.76	MSFT
UBER	-0.51	-0.6		0.39	-0.7	0.17	-0.75	-0.52	0.56	0.67	UBER
F	-0.41	-0.31	0.39		0.05	-0.28	0.01	0.34	-0.11	0.61	F
T	0.48	0.44	-0.7	0.05		-0.32	0.88	0.85	-0.72	-0.35	T
A	0.27	0.09	0.17	-0.28	-0.32		-0.32	-0.51	0.67	0.03	A
CRM	0.58	0.49	-0.75	0.01	0.88	-0.32		0.89	-0.8	-0.38	CRM
JPM	0.3	0.28	-0.52	0.34	0.85	-0.51	0.89		-0.84	-0.16	JPM
MRK	-0.22	-0.08	0.56	-0.11	-0.72	0.67	-0.8	-0.84		0.15	MRK
XOM	-0.44	-0.76	0.67	0.61	-0.35	0.03	-0.38	-0.16	0.15		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.89	CRM
CRM	+ 0.88	T
JPM	+ 0.85	T
MSFT	+ 0.69	META
XOM	+ 0.67	UBER
MRK	+ 0.67	A

High negative correlations

MRK	- 0.84	JPM
MRK	- 0.8	CRM
XOM	- 0.76	MSFT
CRM	- 0.75	UBER
MRK	- 0.72	T
T	- 0.7	UBER

United Hero Competition Risk-Adjusted Indicators

There is a big difference between United Etf performing well and United Hero 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 United Hero'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	1.16	0.06	0.03	0.15	1.43	(1.27)	2.62	(3.15)	7.43
MSFT	0.87	(0.02)	(0.02)	(0.01)	1.63	(0.78)	1.78	(2.23)	8.14
UBER	1.71	(0.32)	0.00	(0.34)	0.00	0.00	2.67	(5.35)	20.41
F	1.44	(0.15)	0.00	(0.08)	0.00	0.00	2.53	(2.90)	11.21
T	0.96	0.11	0.08	0.52	1.12	(1.02)	1.93	(1.99)	7.95
A	1.24	(0.09)	0.00	(0.16)	0.00	0.00	2.71	(2.42)	9.02
CRM	1.48	0.37	0.23	0.30	1.30	(1.66)	3.18	(2.88)	14.80
JPM	1.04	0.16	0.14	0.11	1.08	(1.20)	1.99	(1.44)	15.87
MRK	0.96	(0.27)	0.00	(1.10)	0.00	0.00	1.72	(2.17)	5.17
XOM	0.90	(0.14)	0.00	(0.43)	0.00	0.00	1.83	(2.14)	6.06

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United Hero Competitive Analysis

The better you understand United Hero competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, United Hero'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 United Hero'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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	UHERO	BMSCITH	BSET100	GLD	CHINA	1DIV	ENGY
	3.05 8.45 United	0.92 9.68 BCAP	0.85 9.33 BCAP	0.55 3.62 KTAM	0.49 6.07 WISE	1.62 10.35 ThaiDEX	1.34 4.41 MTrack
Market Volatility (90 Days Market Risk)	Out of control	Very steady	Very steady	Not too volatile	Slightly risky	Very steady	Not too volatile
Market Performance (90 Days Performance)	Good	Very Weak	Very Weak	OK	OK	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over 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
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Hold	Hold	Cautious Hold	Strong Buy	Hold	Cautious Hold
Equity Positions Weight		99.47 %	99.45 %	N/A	N/A	94.07 %	96.35 %
Three Year Return		(4.14) %	N/A	(2.93) %	0.80 %	7.78 %	13.72 %
Net Asset		1.35 B	1.32 B	463.62 M	167.23 M	104.1 M	91.52 M
Five Year Return		3.41 %	N/A	0.27 %	6.48 %	2.49 %	8.01 %
One Year Return		10.56 %	11.92 %	2.82 %	(4.69) %	(3.26) %	(6.05) %
Last Dividend Paid		0.3	0.15	N/A	N/A	0.25	0.05
Ten Year Return		N/A	N/A	N/A	N/A	N/A	7.85 %
Day Typical Price	8.5	9.71	9.32	3.62	6.07	10.41	4.42
Accumulation Distribution	37.0	1784.62	14544.24	7512.46	588.65	277.88	196.2
Market Facilitation Index	2.0E-4	0.0	N/A	N/A	0.0	0.0	0.0
Daily Balance Of Power	1.041667	(0.90)	(0.57)	(0.67)	(0.60)	(1.00)	(0.86)
Period Momentum Indicator	0.25	(0.09)	(0.08)	(0.02)	(0.03)	(0.17)	(0.06)
Rate Of Daily Change	1.03	0.99	0.99	0.99	1.0	0.98	0.99
Day Median Price	8.52	9.73	9.32	3.62	6.07	10.43	4.43
Price Action Indicator	0.055	(0.1)	(0.03)	(0.01)	(0.02)	(0.17)	(0.04)
Relative Strength Index	51.92	35.54	42.56	51.22	50.93	47.64	37.2
Coefficient Of Variation	1103.28	(913.62)	(4,125)	862.93	784.8	(1,112)	(891.00)
Mean Deviation	0.9631	0.4928	0.4692	0.546	1.63	0.5144	0.7163
Jensen Alpha	0.1177	(0.09)	(0.03)	0.0806	0.3284	(0.08)	(0.12)
Total Risk Alpha	0.0762	(0.11)	(0.05)	0.0571	0.2693	(0.10)	(0.15)
Sortino Ratio	0.0523	N/A	N/A	0.0628	0.1167	N/A	N/A
Downside Variance	3.14	N/A	N/A	0.8041	7.8	N/A	N/A
Standard Deviation	1.38	0.721	0.6942	0.7639	2.81	0.7652	0.9755
Kurtosis	1.82	1.13	1.12	0.7176	7.3	2.52	1.11
Potential Upside	2.31	1.45	1.44	1.4	5.87	0.9268	1.45
Treynor Ratio	(0.87)	(0.38)	(0.13)	(0.84)	0.3958	(0.39)	(1.89)
Maximum Drawdown	5.97	3.41	3.57	4.04	20.88	4.73	4.11
Variance	1.9	0.5198	0.4819	0.5836	7.89	0.5855	0.9515
Market Risk Adjusted Performance	(0.86)	(0.37)	(0.12)	(0.83)	0.4058	(0.38)	(1.88)
Risk Adjusted Performance	0.0761	(0.09)	(0.02)	0.0914	0.1081	(0.07)	(0.09)
Skewness	(0.59)	0.0792	0.3073	0.2298	1.44	(0.40)	0.4936
Semi Deviation	1.35	N/A	N/A	0.504	1.73	N/A	N/A
Information Ratio	0.0673	(0.15)	(0.07)	0.0738	0.116	(0.13)	(0.15)
Value At Risk	(2.24)	(1.36)	(1.26)	(1.35)	(3.21)	(1.38)	(1.59)
Expected Short fall	(1.06)	N/A	N/A	(0.87)	(2.70)	N/A	N/A
Downside Deviation	1.77	N/A	N/A	0.8967	2.79	N/A	N/A
Semi Variance	1.83	N/A	N/A	0.254	3.01	N/A	N/A

United Hero Competition Performance Charts

Five steps to successful analysis of United Hero Competition

United Hero'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 United Hero ETF in relation to its competition. United Hero's competition analysis typically involves several steps, including:

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

In addition to having United Hero 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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Restaraunts Hotels Motels

Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels 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 Restaraunts Hotels Motels Theme or any other thematic opportunities.

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