Kosdaq Composite Competition
| KOSDAQ Index | 851.01 3.02 0.36% |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kosdaq Composite'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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Kosdaq Composite. Your research has to be compared to or analyzed against Kosdaq Composite's peers to derive any actionable benefits. When done correctly, Kosdaq Composite's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Kosdaq Composite Index. Kosdaq Composite Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Kosdaq Composite and its competitors represents the degree of relationship between the price movements of corresponding indexs. A correlation of about +1.0 implies that the price of Kosdaq 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 Kosdaq Composite Index does not affect the price movement of the other competitor.
| 0.07 | 0.86 | -0.25 | -0.2 | 0.81 | 239890 | ||
| 0.07 | 0.03 | -0.32 | -0.08 | 0.01 | 013700 | ||
| 0.86 | 0.03 | -0.23 | -0.11 | 0.91 | 097230 | ||
| -0.25 | -0.32 | -0.23 | 0.65 | -0.07 | 189300 | ||
| -0.2 | -0.08 | -0.11 | 0.65 | -0.01 | 000720 | ||
| 0.81 | 0.01 | 0.91 | -0.07 | -0.01 | 004960 | ||
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High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Kosdaq Index performing well and Kosdaq Composite Index 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 Kosdaq Composite'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 239890 | 1.83 | 0.00 | (0.02) | 0.03 | 2.18 | 4.70 | 10.45 | |||
| 013700 | 0.88 | (0.11) | 0.00 | 0.69 | 0.00 | 2.02 | 10.71 | |||
| 097230 | 1.37 | (0.12) | 0.00 | 0.35 | 0.00 | 3.36 | 7.51 | |||
| 189300 | 1.70 | 0.18 | 0.08 | 0.29 | 1.96 | 4.24 | 11.17 | |||
| 000720 | 1.07 | 0.02 | (0.01) | 0.19 | 1.17 | 2.40 | 5.77 | |||
| 004960 | 0.88 | (0.16) | 0.00 | 9.57 | 0.00 | 2.01 | 4.95 |
Kosdaq Composite Competitive Analysis
The better you understand Kosdaq Composite competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Kosdaq Composite'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 Kosdaq Composite'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 |
Kosdaq Composite Competition Performance Charts
Five steps to successful analysis of Kosdaq Composite Competition
Kosdaq Composite'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 Kosdaq Composite Index in relation to its competition. Kosdaq Composite's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Kosdaq Composite 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 Kosdaq Composite's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Kosdaq Composite Index, 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.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Kosdaq Composite Index information on this page should be used as a complementary analysis to other Kosdaq Composite's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.