Spirit Of Competition

Mutual Funds . USA . 
Fund . Spirit Of America
SOAEX Fund  USD 13.88  0.10  0.73%   
Spirit Of America competes with Spirit Of, Spirit Of, Vanguard 500, Redwood Systematic, and Pimco Dynamic; as well as few others. The fund is listed under Energy Limited Partnership category and is part of Spirit of America family. Analyzing Spirit Of 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 Spirit Of to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Spirit Of 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 Spirit Of competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Spirit Of'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
13.0513.8814.71
Details
Intrinsic
Valuation
LowRealHigh
13.5114.3415.17
Details
Naive
Forecast
LowNextHigh
13.1013.9314.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.5513.9514.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Spirit Of. Your research has to be compared to or analyzed against Spirit Of's peers to derive any actionable benefits. When done correctly, Spirit Of'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 Spirit Of America.

Spirit Of Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Spirit Of and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Spirit 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 Spirit Of America does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
VFINX
+ 1.0
VFIAX
RWSNX
+ 0.95
VFIAX
VFINX
+ 0.95
RWSNX
STFBX
+ 0.91
VFIAX
VFINX
+ 0.91
STFBX
DD
+ 0.89
SACEX
  
High negative correlations   
KO
- 0.22
SOAAX
SOAAX
- 0.15
SACEX
DD
- 0.11
SOAAX

Risk-Adjusted Indicators

There is a big difference between Spirit Mutual Fund performing well and Spirit Of Mutual Fund 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 Spirit Of'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.

Spirit Of Competitive Analysis

The better you understand Spirit Of competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Spirit Of'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 Spirit Of'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
SOAEX SACEX SOAAX VFIAX RWSNX PDI STFBX VFINX KO DD
 0.73 
 13.88 
Spirit
 0.77 
 11.73 
Spirit
 0.70 
 8.61 
Spirit
 1.03 
 478.45 
Vanguard
 0.56 
 18.03 
Redwood
 0.31 
 19.41 
Pimco
 0.65 
 88.52 
State
 1.03 
 478.48 
Vanguard
 0.29 
 62.35 
Coca
 1.11 
 78.53 
Dupont
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Not too volatile
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Solid
Good
Very Weak
Modest
Modest
Insignificant
Modest
Modest
OK
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Very Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Strong Buy
Buy
Trade Advice
(90 Days Macroaxis Advice)
Buy
Strong Buy
Cautious Hold
Strong Hold
Strong Hold
Hold
Hold
Strong Hold
Hold
Strong Buy
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.13
2.39
Net Asset
590.39 M
590.39 M
92.49 M
852.72 B
59.29 M
3.73 B
1.99 B
483.17 B
97.7 B
38.55 B
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.23
0.0296
EBITDA
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
12.44 B
2.86 B
Price To Book
N/A
N/A
2.24
2.75
N/A
N/A
3.01
2.75
9.69
1.27
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.33
0.13
Current Valuation
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
296.97 B
39.29 B
Five Year Return
6.93
6.11
1.32
13.56
10.11
3.56
9.12
13.45
3.13
2.5
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
73.78 B
(22.87 B)
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
33.4 B
17.12 B
One Year Return
31.04
30.02
-1.84
27.27
9.27
14.12
12.07
27.14
N/A
N/A
Beta
N/A
N/A
N/A
N/A
N/A
0.42
N/A
N/A
0.59
1.29
Cash Position Weight
0.59
0.25
0.13
0.67
-22.51
N/A
2.61
0.67
N/A
N/A
Equity Positions Weight
99.41
99.75
97.51
99.33
73.66
N/A
71.05
99.33
N/A
N/A
Number Of Employees
1
1
1
1
1
15
1
1
79.1 K
24 K
Shares Outstanding
N/A
N/A
N/A
N/A
N/A
70.6 M
N/A
N/A
4.31 B
418.1 M
Three Year Return
20.78
19.84
-2.69
8.58
3.07
2.11
4.98
8.47
N/A
N/A
Cash Flow From Operations
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
11.6 B
2.19 B
Annual Yield
0.14
0.17
0.0939
0.0132
0.0429
16.65
0.0214
0.0124
0.0312
0.0196
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
42.06 B
8.29 B
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.39
0.0173
Bond Positions Weight
N/A
N/A
N/A
N/A
0.01
N/A
26.34
N/A
N/A
N/A
Return On Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.086
0.0265
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
276.27 K
N/A
N/A
23.63 M
5.37 M
Book Value Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
6.14
56.41
Minimum Initial Investment
N/A
500
N/A
N/A
N/A
N/A
250
N/A
N/A
N/A
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
26.93 B
8.9 B
Total Asset
194.16 M
182.08 M
93.71 M
399.2 B
205.74 M
77.12 M
2.5 B
22.74 B
97.7 B
38.55 B
Last Dividend Paid
0.25
0.25
0.43
0.03
1.3
2.65
0.27
0.02
1.87
1.46
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.69
0.48
Short Ratio
N/A
N/A
N/A
N/A
N/A
0.31
N/A
N/A
1.7
2.54
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
62.43
81.38
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
16.91
N/A
N/A
62.84
75.38
Market Capitalization
N/A
N/A
N/A
N/A
N/A
1.68 B
N/A
N/A
268.6 B
32.47 B
Price To Earning
N/A
N/A
28.7
4.33
N/A
9.07
20.04
4.33
27.5
21.91
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2.93
1.64
Price To Sales
N/A
N/A
5.14
1.93
N/A
N/A
1.88
1.93
5.49
2.56
Net Income
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
10.71 B
494 M
Earnings Per Share
N/A
N/A
N/A
N/A
N/A
2.15
N/A
N/A
2.5
0.92
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
0.03
N/A
N/A
9.95
0.14
Year To Date Return
12.03
11.71
9.53
7.97
3.16
4.97
3.3
7.94
N/A
N/A
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
45.75 B
12.07 B
Ten Year Return
N/A
N/A
7.32
13.12
N/A
N/A
7.52
12.99
N/A
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3.16 B
4.42 B
Cash And Equivalents
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
9.52 B
3.66 B
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3.06
3.59
Gross Profit
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
25 B
4.62 B
Day Typical Price
13.88
11.73
8.61
478.45
18.03
19.4
88.52
478.48
62.21
78.41
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
0.0041
N/A
N/A
0.0077
0.0091
Market Facilitation Index
N/A
N/A
N/A
N/A
N/A
0.08
N/A
N/A
0.48
0.72
Daily Balance Of Power
9.2 T
9.2 T
9.2 T
9.2 T
9.2 T
0.75
(9,223,372,036,855)
9.2 T
0.375
1.194444
Period Momentum Indicator
0.1
0.09
0.06
4.9
0.1
0.06
(0.58)
4.9
0.18
0.86
Rate Of Daily Change
1.01
1.01
1.01
1.01
1.01
1.0
0.99
1.01
1.0
1.01
Day Median Price
13.88
11.73
8.61
478.45
18.03
19.4
88.52
478.48
62.14
78.35
Price Action Indicator
0.05
0.045
0.03
2.45
0.05
0.04
(0.29)
2.45
0.3
0.61
Coefficient Of Variation
537.38
550.86
(6,424)
838.26
1205.19
1015.18
793.46
849.63
1457.87
433.41
Mean Deviation
0.6136
0.6121
0.8335
0.6096
0.5057
0.3929
0.4044
0.616
0.5197
0.9811
Jensen Alpha
0.0924
0.0888
(0.03)
0.0142
(0.02)
0.0235
0.0528
0.0129
0.0113
0.2916
Total Risk Alpha
0.0569
0.053
(0.14)
0.0013
(0.02)
(0.01)
0.0014
2.0E-4
(0.04)
0.1986
Sortino Ratio
0.0847
0.0823
N/A
0.0215
(0.03)
(0.01)
(0.02)
0.0206
(0.04)
0.2425
Downside Variance
0.8307
0.7896
N/A
0.5105
0.6191
1.1
0.3053
0.5329
0.4282
1.59
Standard Deviation
0.8191
0.8171
1.08
0.7596
0.6541
0.6085
0.5287
0.7669
0.7006
1.65
Kurtosis
3.15
3.16
0.9781
(0.22)
0.3151
6.01
1.05
(0.27)
1.31
10.82
Potential Upside
1.31
1.29
1.59
1.13
0.9776
0.6817
0.861
1.2
1.2
1.86
Treynor Ratio
0.1857
0.1823
(0.26)
0.0792
0.0465
0.123
0.973
0.0778
0.0927
0.3043
Maximum Drawdown
5.25
5.24
6.16
3.69
2.88
3.61
2.95
3.69
3.55
10.59
Variance
0.6709
0.6676
1.18
0.577
0.4279
0.3702
0.2795
0.5882
0.4908
2.73
Market Risk Adjusted Performance
0.1957
0.1923
(0.25)
0.0892
0.0565
0.133
0.983
0.0878
0.1027
0.3143
Risk Adjusted Performance
0.1186
0.1157
(0.01)
0.0763
0.0523
0.0613
0.0769
0.0754
0.0439
0.1503
Skewness
(0.89)
(0.87)
(0.40)
(0.02)
(0.66)
(2.12)
(0.47)
0.0117
0.6971
2.42
Semi Deviation
0.7123
0.7106
N/A
0.5978
0.6888
0.8111
0.4087
0.5907
0.5807
0.7275
Information Ratio
0.0942
0.0894
(0.08)
0.0202
(0.03)
(0.03)
(0.02)
0.0196
(0.04)
0.1852
Value At Risk
(1.20)
(1.17)
(1.66)
(1.22)
(1.28)
(1.23)
(0.73)
(1.22)
(0.89)
(1.84)
Expected Short fall
(0.70)
(0.71)
N/A
(0.68)
(0.51)
(0.34)
(0.45)
(0.68)
(0.54)
(1.09)
Downside Deviation
0.9114
0.8886
N/A
0.7145
0.7868
1.05
0.5525
0.73
0.6544
1.26
Semi Variance
0.5074
0.505
N/A
0.3573
0.4744
0.6578
0.167
0.3489
0.3372
0.5292

Spirit Of Competition Performance Charts

Five steps to successful analysis of Spirit Of Competition

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

In addition to having Spirit Of 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 Electrical Equipment Thematic Idea Now

Electrical Equipment
Electrical Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment 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 Electrical Equipment Theme or any other thematic opportunities.
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Check out Spirit Of Correlation with its peers.
Note that the Spirit Of America information on this page should be used as a complementary analysis to other Spirit Of'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Spirit Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spirit Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spirit Of'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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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