Quantex Fund Competition

QNTAX Fund

USD 41.60 0.19 0.46%

Quantex Fund Adviser competes with Simt Real, Global Real, Jhancock Real, Tiaa Cref, and Dunham Real; as well as few others. The fund is listed under Allocation--85%+ Equity category and is part of Meeder Funds family. Analyzing Quantex Fund 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 Quantex Fund to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Quantex Fund 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 Quantex Fund competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
40.85	41.61	42.37

Details

Intrinsic

Valuation

Low	Real	High
37.11	37.87	45.76

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Quantex Fund. Your research has to be compared to or analyzed against Quantex Fund's peers to derive any actionable benefits. When done correctly, Quantex Fund'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 Quantex Fund Adviser.

Quantex Fund Competition Correlation Matrix

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

	PNDIX	SEIRX	MSRDX	JYEBX	FORFX	TIREX	DAREX
PNDIX		0.5	0.41	0.63	0.99	0.11	0.28	PNDIX
SEIRX	0.5		0.69	0.88	0.55	0.91	0.77	SEIRX
MSRDX	0.41	0.69		0.72	0.48	0.56	0.62	MSRDX
JYEBX	0.63	0.88	0.72		0.68	0.7	0.65	JYEBX
FORFX	0.99	0.55	0.48	0.68		0.17	0.32	FORFX
TIREX	0.11	0.91	0.56	0.7	0.17		0.71	TIREX
DAREX	0.28	0.77	0.62	0.65	0.32	0.71		DAREX
	PNDIX	SEIRX	MSRDX	JYEBX	FORFX	TIREX	DAREX

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Risk-Adjusted Indicators

There is a big difference between Quantex Mutual Fund performing well and Quantex Fund 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 Quantex Fund'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
PNDIX	0.04	0.00	0.00	0.00	0.00	0.00	0.10	0.00	0.10
SEIRX	0.67	0.07	0.01	0.40	0.71	(0.79)	1.39	(1.27)	3.76
MSRDX	0.44	0.06	(0.02)	1.23	0.41	(0.65)	1.11	(0.86)	3.75
JYEBX	0.65	0.09	0.03	1.28	0.72	(0.71)	1.37	(1.15)	3.86
FORFX	0.05	0.04	0.00	20.01	0.00	0.00	0.11	0.00	0.21
TIREX	0.69	0.05	(0.03)	0.46	0.78	(0.78)	1.38	(1.36)	3.82
DAREX	0.68	0.00	(0.04)	0.09	0.87	(0.69)	1.37	(1.56)	4.21

Unable to evaluate fundamental data of [PNDIX, SEIRX, MSRDX, JYEBX, FORFX, TIREX, DAREX] at this time. Please try again later

All Fundamental Data

Quantex Fund Competitive Analysis

The better you understand Quantex Fund competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Quantex Fund'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 Quantex Fund'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

	QNTAX	PNDIX	SEIRX	MSRDX	JYEBX	FORFX	TIREX	DAREX
	0.46 41.60 Quantex	0.1 10.07 Pender	0.70 17.36 Simt	0.00 4.57 Global	0.69 13.19 Jhancock	0.10 9.70 Forum	0.74 19.14 Tiaa	0.82 14.78 Dunham
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Not too volatile	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Modest	Excellent	OK	Modest	OK	Market Crasher	Modest	Insignificant
Odds of Financial Distress (Probability Of Bankruptcy)	Low	About Average	Low	Low	Low	About Average	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under 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	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Buy	Hold	Hold	Hold	Strong Buy	Cautious Hold	Hold
Net Asset	80.14 M	N/A	131.55 M	1.05 B	251.61 M	N/A	2.11 B	75.53 M
Minimum Initial Investment	N/A	N/A	N/A	N/A	N/A	N/A	2 M	N/A
Price To Book	N/A	N/A	2.52 X	N/A	N/A	N/A	2.62 X	2.26 X
Five Year Return	6.63 %	N/A	6.16 %	(0.70) %	N/A	N/A	4.58 %	(0.12) %
One Year Return	24.18 %	N/A	29.96 %	22.63 %	N/A	N/A	22.77 %	21.38 %
Last Dividend Paid	0.1	N/A	0.05	0.01	0.2	N/A	0.09	N/A
Price To Earning	N/A	N/A	40.22 X	N/A	N/A	N/A	3.63 X	31.27 X
Price To Sales	N/A	N/A	6.99 X	N/A	N/A	N/A	6.62 X	6.00 X
Cash Position Weight	(3.08) %	N/A	2.81 %	1.64 %	0.71 %	N/A	2.05 %	0.10 %
Equity Positions Weight	103.07 %	N/A	97.19 %	98.22 %	99.28 %	N/A	97.95 %	99.90 %
Three Year Return	3.06 %	N/A	1.16 %	(2.34) %	N/A	N/A	(2.63) %	(9.69) %
Annual Yield	0.01 %	N/A	0.01 %	0.04 %	0.02 %	N/A	0.03 %	0.02 %
Year To Date Return	12.85 %	N/A	14.69 %	11.33 %	N/A	N/A	9.75 %	9.32 %
Ten Year Return	6.89 %	N/A	8.06 %	2.98 %	N/A	N/A	10.29 %	9.49 %
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	0.0	9.2 T	9.2 T	9.2 T	9.2 T
Day Typical Price	41.6	10.07	17.36	4.57	13.19	9.7	19.14	14.78
Period Momentum Indicator	0.19	0.01	0.12	N/A	0.09	0.01	0.14	0.12
Rate Of Daily Change	1.0	1.0	1.01	1.0	1.01	1.0	1.01	1.01
Day Median Price	41.6	10.07	17.36	4.57	13.19	9.7	19.14	14.78
Price Action Indicator	0.095	0.005	0.06	N/A	0.045	0.005	0.07	0.06
Coefficient Of Variation	1113.31	158.49	852.69	796.69	734.87	127.09	1284.88	1737.08
Mean Deviation	0.5855	0.0411	0.6669	0.4376	0.6523	0.0544	0.6906	0.678
Jensen Alpha	0.0632	N/A	0.0706	0.0624	0.0942	0.0359	0.047	0.004
Total Risk Alpha	(0.02)	0.0141	0.0012	0.0032	0.0161	0.0299	(0.03)	(0.05)
Sortino Ratio	(0.02)	N/A	0.0116	(0.02)	0.0259	N/A	(0.03)	(0.04)
Downside Variance	0.635	N/A	0.7137	0.5485	0.7315	N/A	0.7382	0.8591
Standard Deviation	0.7658	0.0458	0.8358	0.6104	0.8112	0.0585	0.8567	0.8588
Kurtosis	0.6216	(1.11)	(0.13)	1.71	(0.06)	(0.39)	(0.20)	0.1754
Potential Upside	1.23	0.1009	1.39	1.11	1.37	0.1059	1.38	1.37
Treynor Ratio	(1.04)	N/A	0.3956	1.23	1.28	20.01	0.4582	0.0872
Maximum Drawdown	3.51	0.1012	3.76	3.75	3.86	0.2123	3.82	4.21
Variance	0.5865	0.0021	0.6985	0.3726	0.658	0.0034	0.734	0.7375
Market Risk Adjusted Performance	(1.03)	N/A	0.4056	1.24	1.29	20.02	0.4682	0.0972
Risk Adjusted Performance	0.0678	0.3208	0.0893	0.0922	0.1032	0.474	0.0598	0.0446
Skewness	(0.26)	0.9591	(0.26)	(0.07)	(0.35)	0.7957	(0.24)	(0.36)
Semi Deviation	0.6962	N/A	0.7103	0.4102	0.7212	N/A	0.7762	0.8665
Information Ratio	(0.03)	(1.30)	0.0117	(0.02)	0.0273	(0.72)	(0.03)	(0.05)
Value At Risk	(1.03)	N/A	(1.27)	(0.86)	(1.15)	N/A	(1.36)	(1.56)
Expected Short fall	(0.65)	N/A	(0.79)	(0.65)	(0.71)	N/A	(0.78)	(0.69)
Downside Deviation	0.7969	N/A	0.8448	0.7406	0.8553	N/A	0.8592	0.9269
Semi Variance	0.4847	N/A	0.5046	0.1683	0.5201	N/A	0.6024	0.7508

Quantex Fund Competition Performance Charts

Five steps to successful analysis of Quantex Fund Competition

Quantex Fund'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 Quantex Fund Adviser in relation to its competition. Quantex Fund's competition analysis typically involves several steps, including:

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

In addition to having Quantex Fund 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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Run Adviser Favorites Thematic Idea Now

Adviser Favorites

Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 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 Adviser Favorites Theme or any other thematic opportunities.

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Other Information on Investing in Quantex Mutual Fund

Quantex Fund financial ratios help investors to determine whether Quantex Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Quantex with respect to the benefits of owning Quantex Fund security.

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