Multi Strategy Competition

MSFIX Fund

USD 11.73 0.14 1.18%

Multi Strategy competes with Firsthand Technology, Vanguard Information, Biotechnology Ultrasector, Icon Information, and Global Technology; as well as few others. The fund is listed under null category and is part of null family. Analyzing Multi Strategy 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 Multi Strategy to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Multi Strategy 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 Multi Strategy competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
11.25	11.73	12.21

Details

Intrinsic

Valuation

Low	Real	High
11.28	11.76	12.24

Details

Multi Strategy Competition Correlation Matrix

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

	TEFQX	VITAX	BIPIX	ICTEX	JGLTX	HTECX	JAGTX
TEFQX		0.96	-0.21	-0.12	0.89	0.86	0.19	TEFQX
VITAX	0.96		-0.28	-0.09	0.93	0.86	0.2	VITAX
BIPIX	-0.21	-0.28		0.48	-0.34	0.1	0.3	BIPIX
ICTEX	-0.12	-0.09	0.48		0.03	0.18	0.58	ICTEX
JGLTX	0.89	0.93	-0.34	0.03		0.77	0.27	JGLTX
HTECX	0.86	0.86	0.1	0.18	0.77		0.45	HTECX
JAGTX	0.19	0.2	0.3	0.58	0.27	0.45		JAGTX
	TEFQX	VITAX	BIPIX	ICTEX	JGLTX	HTECX	JAGTX

Click cells to compare fundamentals

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High positive correlations

VITAX	+ 0.96	TEFQX
JGLTX	+ 0.93	VITAX
JGLTX	+ 0.89	TEFQX
HTECX	+ 0.86	TEFQX
HTECX	+ 0.86	VITAX
HTECX	+ 0.77	JGLTX

High negative correlations

JGLTX	- 0.34	BIPIX
BIPIX	- 0.28	VITAX
BIPIX	- 0.21	TEFQX
ICTEX	- 0.12	TEFQX
ICTEX	- 0.09	VITAX

Risk-Adjusted Indicators

There is a big difference between Multi Mutual Fund performing well and Multi Strategy 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 Multi Strategy'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
TEFQX	1.24	0.11	0.06	0.10	1.63	(1.32)	2.92	(2.66)	8.29
VITAX	0.89	0.13	0.09	0.15	1.24	(0.85)	1.98	(2.39)	6.58
BIPIX	1.71	(0.31)	0.00	(0.14)	0.00	0.00	2.80	(4.33)	11.89
ICTEX	0.83	(0.08)	0.00	(0.36)	0.00	0.00	1.31	(2.12)	7.14
JGLTX	0.83	0.09	0.05	(37.35)	1.18	(0.82)	1.87	(2.61)	5.77
HTECX	1.00	0.01	0.01	0.03	1.50	(0.92)	1.78	(2.31)	9.04
JAGTX	1.00	(0.07)	0.00	(0.46)	0.00	0.00	1.88	(2.81)	12.93

Unable to evaluate fundamental data of [TEFQX, VITAX, BIPIX, ICTEX, JGLTX, HTECX, JAGTX] at this time. Please try again later

All Fundamental Data

Multi Strategy Competitive Analysis

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

	MSFIX	TEFQX	VITAX	BIPIX	ICTEX	JGLTX	HTECX	JAGTX
	1.18 11.73 Multi	0.26 3.86 Firsthand	0.01 318.27 Vanguard	0.15 58.35 Biotechnology	2.64 15.83 Icon	2.98 21.14 Global	0.04 22.77 Hennessy	2.98 61.48 Janus
Market Volatility (90 Days Market Risk)	Very steady	Somewhat reliable	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Modest	Modest	OK	Very Weak	Very Weak	OK	Insignificant	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Fairly Valued	Over Valued	Fairly Valued	Over 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)	Cautious Hold	Strong Hold	Strong Hold	Sell	Sell	Strong Sell	Hold	Sell
Holdings Turnover	59.00 %	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Asset	24.62 M	80.08 M	24.53 B	116.96 M	54.01 M	482.63 M	6.52 M	4.94 B
Minimum Initial Investment	5 M	2 K	N/A	15 K	1 K	N/A	N/A	N/A
Price To Book	N/A	4.81 X	4.12 X	5.19 X	3.46 X	4.05 X	4.25 X	4.09 X
Five Year Return	0.61 %	(9.21) %	23.34 %	7.56 %	11.71 %	19.31 %	13.36 %	19.07 %
One Year Return	4.99 %	(15.32) %	37.79 %	8.67 %	19.12 %	38.22 %	24.11 %	38.18 %
Last Dividend Paid	0.0623	N/A	N/A	N/A	N/A	0.05	N/A	0.02
Price To Earning	N/A	41.92 X	20.28 X	2.37 X	20.71 X	1.60 X	1.49 X	26.76 X
Price To Sales	N/A	2.93 X	2.95 X	4.56 X	2.86 X	3.16 X	2.59 X	3.16 X
Cash Position Weight	2.60 %	0.43 %	0.64 %	24.54 %	0.47 %	2.76 %	0.05 %	0.14 %
Equity Positions Weight	N/A	99.57 %	99.36 %	75.46 %	99.53 %	97.02 %	99.95 %	98.81 %
Three Year Return	1.71 %	(26.95) %	13.08 %	0.12 %	3.03 %	11.30 %	8.02 %	9.85 %
Annual Yield	0.01 %	N/A	0.01 %	N/A	N/A	N/A	N/A	N/A
Year To Date Return	1.35 %	13.09 %	32.87 %	2.66 %	17.82 %	36.92 %	21.33 %	36.07 %
Bond Positions Weight	86.55 %	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Ten Year Return	N/A	16.85 %	18.68 %	24.20 %	14.62 %	18.83 %	9.23 %	18.52 %
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)
Day Typical Price	11.73	3.86	318.27	58.35	15.83	21.14	22.77	61.48
Period Momentum Indicator	(0.14)	(0.01)	0.02	(0.09)	(0.43)	(0.65)	0.01	(1.89)
Rate Of Daily Change	0.99	1.0	1.0	1.0	0.97	0.97	1.0	0.97
Day Median Price	11.73	3.86	318.27	58.35	15.83	21.14	22.77	61.48
Price Action Indicator	(0.07)	(0.01)	0.01	(0.04)	(0.22)	(0.32)	0.005	(0.95)
Coefficient Of Variation	1331.75	1095.47	772.62	(886.03)	(1,880)	1148.98	2593.12	(3,061)
Mean Deviation	0.2583	1.24	0.8869	1.71	0.8292	0.8328	1.0	0.9981
Jensen Alpha	0.0233	0.1052	0.1265	(0.31)	(0.08)	0.0897	0.0132	(0.07)
Total Risk Alpha	0.0113	0.0906	0.1139	(0.34)	(0.11)	0.0559	0.0026	(0.12)
Sortino Ratio	0.003	0.064	0.0851	N/A	N/A	0.0506	0.012	N/A
Downside Variance	0.2967	3.24	2.23	N/A	N/A	1.71	2.76	N/A
Standard Deviation	0.4666	1.63	1.24	2.3	1.16	1.14	1.38	1.69
Kurtosis	11.51	1.07	1.4	1.95	3.86	1.28	2.75	18.24
Potential Upside	0.5068	2.92	1.98	2.8	1.31	1.87	1.78	1.88
Treynor Ratio	0.3458	0.0971	0.1471	(0.14)	(0.36)	(37.35)	0.0337	(0.46)
Maximum Drawdown	3.81	8.29	6.58	11.89	7.14	5.77	9.04	12.93
Variance	0.2177	2.65	1.54	5.3	1.34	1.31	1.92	2.85
Market Risk Adjusted Performance	0.3558	0.1071	0.1571	(0.13)	(0.35)	(37.34)	0.0437	(0.45)
Risk Adjusted Performance	0.0526	0.0776	0.1064	(0.08)	(0.04)	0.0722	0.0349	(0.02)
Skewness	1.43	(0.52)	(0.56)	(1.02)	(1.23)	(0.62)	(0.73)	(3.32)
Semi Deviation	0.3178	1.63	1.24	N/A	N/A	1.18	1.5	N/A
Information Ratio	0.0035	0.0708	0.1025	(0.13)	(0.08)	0.0578	0.0144	(0.05)
Value At Risk	(0.67)	(2.66)	(2.39)	(4.33)	(2.12)	(2.61)	(2.31)	(2.81)
Expected Short fall	(0.36)	(1.32)	(0.85)	N/A	N/A	(0.82)	(0.92)	N/A
Downside Deviation	0.5447	1.8	1.49	N/A	N/A	1.31	1.66	N/A
Semi Variance	0.101	2.65	1.53	N/A	N/A	1.38	2.24	N/A

Multi Strategy Competition Performance Charts

Five steps to successful analysis of Multi Strategy Competition

Multi Strategy'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 Multi Strategy in relation to its competition. Multi Strategy's competition analysis typically involves several steps, including:

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

In addition to having Multi Strategy 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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Companies specializing in advertising, marketing and advertising services. The Advertising theme has 42 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 Advertising Theme or any other thematic opportunities.

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Other Information on Investing in Multi Mutual Fund

Multi Strategy financial ratios help investors to determine whether Multi 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 Multi with respect to the benefits of owning Multi Strategy security.

	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
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	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine

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