Xtrackers California Competition

CA Etf  USD 25.21  0.01  0.04%   
Xtrackers California competes with Vanguard Growth, Vanguard Value, Vanguard Mid, Vanguard FTSE, and IShares Core; as well as few others. The company is active under null sector as part of null industry. Analyzing Xtrackers California 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 Xtrackers California to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Xtrackers California 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 Xtrackers California competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xtrackers California'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
25.0025.2125.42
Details
Intrinsic
Valuation
LowRealHigh
25.0125.2225.43
Details
Naive
Forecast
LowNextHigh
24.9525.1625.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.1925.2125.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Xtrackers California. Your research has to be compared to or analyzed against Xtrackers California's peers to derive any actionable benefits. When done correctly, Xtrackers California'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 Xtrackers California.

Xtrackers California Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Xtrackers California 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 Xtrackers 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 Xtrackers California does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
SPYIVV
VTIIVV
VTISPY
IVVVUG
SPYVUG
VTIVUG
  
High negative correlations   
BNDVUG
BNDSPY
BNDIVV
VTIBND
BNDVTV
BNDVWO

Xtrackers California Constituents Risk-Adjusted Indicators

There is a big difference between Xtrackers Etf performing well and Xtrackers California 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 Xtrackers California'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
VUG  0.71  0.02  0.04  0.14  0.60 
 1.79 
 4.79 
VTV  0.40  0.03  0.03  0.16  0.20 
 0.88 
 2.30 
VO  0.55 (0.03)(0.01) 0.10  0.56 
 1.27 
 3.11 
VWO  0.58 (0.07)(0.10) 0.04  0.77 
 1.29 
 4.31 
IVV  0.52  0.03  0.05  0.15  0.32 
 1.25 
 3.10 
SPY  0.51  0.03  0.05  0.15  0.31 
 1.25 
 3.07 
VEA  0.50 (0.04)(0.05) 0.09  0.55 
 1.10 
 2.84 
BND  0.28 (0.05) 0.00 (0.05) 0.00 
 0.51 
 1.53 
VTI  0.54  0.01  0.03  0.13  0.40 
 1.22 
 3.12 
VB  0.78 (0.09)(0.02) 0.07  0.97 
 1.58 
 4.51 

Xtrackers California Competitive Analysis

The better you understand Xtrackers California competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Xtrackers California'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 Xtrackers California'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
CAVUGVTVVOVWOIVVSPYVEABNDVTI
 0.04 
 25.21 
Xtrackers
 0.22 
 345.04 
Vanguard
 1.43 
 162.37 
Vanguard
 1.45 
 249.30 
Vanguard
 0.26 
 41.63 
Vanguard
 0.87 
 525.72 
IShares
 0.84 
 523.17 
SPDR
 0.66 
 50.27 
Vanguard
 0.34 
 72.72 
Vanguard
 0.88 
 259.73 
Vanguard
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
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Trade Advice
(90 Days Macroaxis Advice)
Price To Sales
Equity Positions Weight
Three Year Return
Net Asset
Price To Book
Five Year Return
Last Dividend Paid
One Year Return
Bond Positions Weight
Ten Year Return
Price To Earning
Beta
Day Typical Price
Accumulation Distribution
Daily Balance Of Power
Period Momentum Indicator
Rate Of Daily Change
Day Median Price
Price Action Indicator
Relative Strength Index
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

Xtrackers California Competition Performance Charts

Five steps to successful analysis of Xtrackers California Competition

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

In addition to having Xtrackers California 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Target Outcome ETFs theme has 95 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 Target Outcome ETFs Theme or any other thematic opportunities.
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When determining whether Xtrackers California offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Xtrackers California's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xtrackers California Municipal Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Xtrackers California Municipal Etf:
Check out Xtrackers California Correlation with its peers.
Note that the Xtrackers California information on this page should be used as a complementary analysis to other Xtrackers California'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 Anywhere module to track or share privately all of your investments from the convenience of any device.

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