ZEGA Buy Competition

ZHDG Etf  USD 18.41  0.09  0.49%   
ZEGA Buy And competes with Aptus Defined, Discipline Fund, IShares Core, IShares Core, and IShares Core; as well as few others. Analyzing ZEGA Buy 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 ZEGA Buy to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out ZEGA Buy 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 ZEGA Buy competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ZEGA Buy'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 use the tools below to analyze the current value of ZEGA Buy in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
18.0418.4118.78
Details
Intrinsic
Valuation
LowRealHigh
17.9418.3118.68
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ZEGA Buy. Your research has to be compared to or analyzed against ZEGA Buy's peers to derive any actionable benefits. When done correctly, ZEGA Buy'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 ZEGA Buy And.

ZEGA Buy Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ZEGA Buy 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 ZEGA 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 ZEGA Buy And does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
AORAOA
PWSONOF
ONOFAOA
AOMAOK
PWSAOA
AORAOM
  
High negative correlations   
GCECPWS
GCECONOF
GCECAOR
GCECAOM
GCECAOK
GCECAOA

ZEGA Buy Constituents Risk-Adjusted Indicators

There is a big difference between ZEGA Etf performing well and ZEGA Buy 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 ZEGA Buy'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.

ZEGA Buy Competitive Analysis

The better you understand ZEGA Buy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ZEGA Buy'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 ZEGA Buy'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
ZHDGDRSKDSCFAOAAOKAOMAORONOFPWSGCEC
 0.49 
 18.41 
ZEGA
 0.88 
 26.32 
Aptus
 0.63 
 22.41 
Discipline
 0.83 
 72.00 
IShares
 0.58 
 36.52 
IShares
 0.55 
 42.21 
IShares
 0.72 
 54.76 
IShares
 0.76 
 32.02 
Global
 1.19 
 29.66 
Pacer
 0.00 
 5.00 
Claymore
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(90 Days Performance)
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(Probability Of Bankruptcy)
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(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
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Trade Advice
(90 Days Macroaxis Advice)
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Daily Balance Of Power
Period Momentum Indicator
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Market Risk Adjusted Performance
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Semi Variance

ZEGA Buy Competition Performance Charts

Five steps to successful analysis of ZEGA Buy Competition

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

In addition to having ZEGA Buy 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 Business Services Thematic Idea Now

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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When determining whether ZEGA Buy And is a strong investment it is important to analyze ZEGA Buy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ZEGA Buy's future performance. For an informed investment choice regarding ZEGA Etf, refer to the following important reports:
Check out ZEGA Buy Correlation with its peers.
Note that the ZEGA Buy And information on this page should be used as a complementary analysis to other ZEGA Buy'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running ZEGA Buy's price analysis, check to measure ZEGA Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ZEGA Buy is operating at the current time. Most of ZEGA Buy's value examination focuses on studying past and present price action to predict the probability of ZEGA Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZEGA Buy's price. Additionally, you may evaluate how the addition of ZEGA Buy to your portfolios can decrease your overall portfolio volatility.
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The market value of ZEGA Buy And is measured differently than its book value, which is the value of ZEGA that is recorded on the company's balance sheet. Investors also form their own opinion of ZEGA Buy's value that differs from its market value or its book value, called intrinsic value, which is ZEGA Buy'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 ZEGA Buy's market value can be influenced by many factors that don't directly affect ZEGA Buy'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 ZEGA Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZEGA Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEGA Buy'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.