Brookstone Growth Competition
| BAMG Etf | 35.44 0.27 0.77% |
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Brookstone Growth Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Brookstone Growth 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 Brookstone 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 Brookstone Growth Stock does not affect the price movement of the other competitor.
| 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.97 | VUG | ||
| 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.97 | IWF | ||
| 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.98 | IVW | ||
| 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.98 | IUSG | ||
| 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.97 | MGK | ||
| 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.97 | VRGWX | ||
| 0.97 | 0.97 | 0.98 | 0.98 | 0.97 | 0.97 | MTUM | ||
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Brookstone Growth Constituents Risk-Adjusted Indicators
There is a big difference between Brookstone Etf performing well and Brookstone Growth 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 Brookstone Growth'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VUG | 0.70 | 0.03 | 0.01 | 0.16 | 0.96 | 1.66 | 5.33 | |||
| IWF | 0.71 | 0.03 | 0.01 | 0.16 | 0.93 | 1.71 | 5.25 | |||
| IVW | 0.72 | 0.02 | 0.00 | 0.15 | 0.98 | 1.58 | 5.35 | |||
| IUSG | 0.71 | 0.01 | 0.00 | 0.14 | 1.01 | 1.49 | 5.33 | |||
| MGK | 0.73 | 0.02 | 0.00 | 0.15 | 1.01 | 1.78 | 5.51 | |||
| VRGWX | 0.72 | 0.03 | 0.01 | 0.16 | 0.95 | 1.67 | 5.14 | |||
| MTUM | 0.69 | 0.04 | 0.03 | 0.17 | 0.71 | 1.70 | 4.40 |
Brookstone Growth Competitive Analysis
The better you understand Brookstone Growth competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Brookstone Growth'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 Brookstone Growth'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 |
Brookstone Growth Competition Performance Charts
Five steps to successful analysis of Brookstone Growth Competition
Brookstone Growth'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 Brookstone Growth Stock in relation to its competition. Brookstone Growth's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Brookstone Growth 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 Brookstone Growth's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Brookstone Growth Stock, 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.
Complement your Brookstone Growth position
In addition to having Brookstone Growth 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 Insurance Providers Thematic Idea Now
Insurance Providers
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 41 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 Insurance Providers Theme or any other thematic opportunities.
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Check out Brookstone Growth Correlation with its peers. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Brookstone Growth Stock is measured differently than its book value, which is the value of Brookstone that is recorded on the company's balance sheet. Investors also form their own opinion of Brookstone Growth's value that differs from its market value or its book value, called intrinsic value, which is Brookstone Growth'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 Brookstone Growth's market value can be influenced by many factors that don't directly affect Brookstone Growth'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 Brookstone Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookstone Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookstone Growth'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.