AGF American Competition

AGF5036 Fund

72.25 0.65 0.89%

AGF American Growth competes with Global Healthcare, CI Global, and RBC Canadian; as well as few others. Analyzing AGF American 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 AGF American to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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 AGF American competition on your existing holdings.

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AGF American Competition Correlation Matrix

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

	AGF5036	FTHI	0P00007694	BLB-UN	0P0001N8MZ	HIG	0P000070HA	0P000077FS	CIG18006
AGF5036		0.95	0.7	-0.41	-0.44	-0.72	0.91	0.47	0.91	AGF5036
FTHI	0.95		0.74	-0.57	-0.39	-0.74	0.95	0.5	0.95	FTHI
0P00007694	0.7	0.74		-0.28	0.02	-0.42	0.69	0.64	0.69	0P00007694
BLB-UN	-0.41	-0.57	-0.28		0.03	0.34	-0.54	-0.23	-0.54	BLB-UN
0P0001N8MZ	-0.44	-0.39	0.02	0.03		0.4	-0.34	0.08	-0.34	0P0001N8MZ
HIG	-0.72	-0.74	-0.42	0.34	0.4		-0.85	0.06	-0.85	HIG
0P000070HA	0.91	0.95	0.69	-0.54	-0.34	-0.85		0.3	1.0	0P000070HA
0P000077FS	0.47	0.5	0.64	-0.23	0.08	0.06	0.3		0.3	0P000077FS
CIG18006	0.91	0.95	0.69	-0.54	-0.34	-0.85	1.0	0.3		CIG18006
	AGF5036	FTHI	0P00007694	BLB-UN	0P0001N8MZ	HIG	0P000070HA	0P000077FS	CIG18006

Click cells to compare fundamentals

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High positive correlations

CIG18006	+ 1.0	0P000070HA
FTHI	+ 0.95	AGF5036
0P000070HA	+ 0.95	FTHI
CIG18006	+ 0.95	FTHI
0P000070HA	+ 0.91	AGF5036
CIG18006	+ 0.91	AGF5036

High negative correlations

CIG18006	- 0.85	HIG
0P000070HA	- 0.85	HIG
HIG	- 0.74	FTHI
HIG	- 0.72	AGF5036
BLB-UN	- 0.57	FTHI
CIG18006	- 0.54	BLB-UN

Risk-Adjusted Indicators

There is a big difference between AGF Fund performing well and AGF American 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 AGF American'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
AGF5036	0.73	0.19	0.18	3.37	0.74	(0.83)	1.37	(1.38)	5.87
FTHI	0.39	0.10	0.14	(0.58)	0.26	(0.49)	0.90	(0.66)	3.20
0P00007694	0.52	(0.02)	0.00	(0.37)	0.00	0.00	0.90	(0.82)	7.37
BLB-UN	0.47	(0.06)	0.00	9.23	0.00	0.00	1.96	(1.76)	10.73
0P0001N8MZ	0.52	(0.03)	0.00	(7.33)	0.00	0.00	0.95	(1.09)	2.97
HIG	0.59	(0.20)	0.00	(3.88)	0.00	0.00	1.05	(1.33)	3.92
0P000070HA	1.06	0.35	0.24	(7.70)	1.08	(1.21)	2.49	(2.23)	7.49
0P000077FS	0.36	(0.02)	0.00	(0.09)	0.00	0.00	0.72	(0.74)	2.90
CIG18006	1.06	0.35	0.24	(7.70)	1.08	(1.21)	2.49	(2.23)	7.49

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All Fundamental Data

AGF American Competitive Analysis

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

	AGF5036	FTHI	0P00007694	BLB-UN	0P0001N8MZ	HIG	0P000070HA	0P000077FS	CIG18006
	0.89 72.25 AGF	0.18 10.92 Fidelity	0.00 26.37 Fidelity	0.13 7.80 Bloom	0.00 13.43 Mackenzie	0.26 7.72 Global	0.00 112.15 0P000070HA	0.00 32.95 RBC	0.00 112.15 CIG18006
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Not too volatile	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Solid	Good	Very Weak	Very Weak	Very Weak	Very Weak	Solid	Very Weak	Solid
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Unknown	About Average	About Average	Unknown	Low	Low	Low	Unknown
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Fairly Valued	Under Valued	Over Valued	Fairly Valued	Over Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Sell	Strong Sell	Strong Hold	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Equity Positions Weight			N/A	N/A		49.27	97.05	95.5
Cash Position Weight			N/A	N/A		N/A	2.95	3.04
Holdings Turnover			N/A	N/A		110.7	N/A	N/A
Three Year Return			N/A	N/A		N/A	17.61	-1.7
Net Asset			N/A	N/A		52.52 M	356.32 M	2 B
Minimum Initial Investment			N/A	N/A		N/A	500	500
Five Year Return			N/A	N/A		N/A	17.62	0.46
Last Dividend Paid			N/A	N/A		0.05	N/A	N/A
One Year Return			N/A	N/A		N/A	30.87	-13.54
Ten Year Return			N/A	N/A		N/A	19.58	6.44
Day Typical Price	72.25	10.92	26.37	7.8	13.43	7.73	112.15	32.95	112.15
Accumulation Distribution	N/A	N/A	N/A	0.0013	N/A	0.0064	N/A	N/A	N/A
Market Facilitation Index	N/A	N/A	N/A	0.01	N/A	0.05	N/A	N/A	N/A
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	0.0	(1.00)	0.0	(0.40)	0.0	0.0	0.0
Period Momentum Indicator	(0.65)	(0.02)	N/A	(0.01)	N/A	(0.02)	N/A	N/A	N/A
Rate Of Daily Change	0.99	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	72.25	10.92	26.37	7.81	13.43	7.74	112.15	32.95	112.15
Price Action Indicator	(0.33)	(0.01)	N/A	(0.01)	N/A	(0.03)	N/A	N/A	N/A
Coefficient Of Variation	478.89	503.37	(10,256)	(2,663)	(2,690)	(440.19)	385.23	(16,355)	385.23
Mean Deviation	0.7321	0.3932	0.5189	0.4672	0.52	0.5915	1.06	0.3615	1.06
Jensen Alpha	0.1895	0.0984	(0.02)	(0.06)	(0.03)	(0.20)	0.3496	(0.02)	0.3496
Total Risk Alpha	0.164	0.0801	(0.05)	(0.09)	(0.05)	(0.22)	0.3101	(0.03)	0.3101
Sortino Ratio	0.1846	0.1445	N/A	N/A	N/A	N/A	0.2401	N/A	0.2401
Downside Variance	0.8345	0.2523	N/A	N/A	N/A	N/A	1.85	N/A	1.85
Standard Deviation	0.9617	0.5274	0.9447	1.26	0.6379	0.8125	1.38	0.4856	1.38
Kurtosis	1.66	1.88	26.37	27.37	(0.25)	3.01	0.8351	2.37	0.8351
Potential Upside	1.37	0.9033	0.9025	1.96	0.9468	1.05	2.49	0.7166	2.49
Treynor Ratio	3.37	(0.58)	(0.37)	9.23	(7.33)	(3.88)	(7.70)	(0.09)	(7.70)
Maximum Drawdown	5.87	3.2	7.37	10.73	2.97	3.92	7.49	2.9	7.49
Variance	0.9248	0.2781	0.8925	1.58	0.407	0.6601	1.91	0.2358	1.91
Market Risk Adjusted Performance	3.38	(0.57)	(0.36)	9.24	(7.32)	(3.87)	(7.69)	(0.08)	(7.69)
Risk Adjusted Performance	0.1682	0.1532	(0.01)	(0.03)	(0.03)	(0.18)	0.2112	(0.01)	0.2112
Skewness	0.0863	0.3164	(4.25)	(4.00)	(0.31)	(1.17)	(0.13)	(0.80)	(0.13)
Semi Deviation	0.7352	0.2575	N/A	N/A	N/A	N/A	1.08	N/A	1.08
Information Ratio	0.1753	0.1376	(0.04)	(0.06)	(0.09)	(0.27)	0.2363	(0.07)	0.2363
Value At Risk	(1.38)	(0.66)	(0.82)	(1.76)	(1.09)	(1.33)	(2.23)	(0.74)	(2.23)
Expected Short fall	(0.83)	(0.49)	N/A	N/A	N/A	N/A	(1.21)	N/A	(1.21)
Downside Deviation	0.9135	0.5023	N/A	N/A	N/A	N/A	1.36	N/A	1.36
Semi Variance	0.5405	0.0663	N/A	N/A	N/A	N/A	1.17	N/A	1.17

AGF American Competition Performance Charts

Five steps to successful analysis of AGF American Competition

AGF American'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 AGF American Growth in relation to its competition. AGF American's competition analysis typically involves several steps, including:

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

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