SP 500 Competition
| SPSY Index | 804.29 11.02 1.39% |
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 SP 500 competition on your existing holdings.
SP 500 Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between SP 500 and its competitors represents the degree of relationship between the price movements of corresponding indexs. A correlation of about +1.0 implies that the price of SPSY 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 SP 500 Financials does not affect the price movement of the other competitor.
| 0.26 | 0.26 | 0.23 | 0.27 | 0.24 | VC | ||
| 0.26 | -0.03 | 0.26 | -0.33 | 0.52 | URI | ||
| 0.26 | -0.03 | 0.54 | 0.01 | 0.27 | VSTS | ||
| 0.23 | 0.26 | 0.54 | -0.37 | 0.8 | CARS | ||
| 0.27 | -0.33 | 0.01 | -0.37 | -0.45 | CFRLF | ||
| 0.24 | 0.52 | 0.27 | 0.8 | -0.45 | CAR | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between SPSY Index performing well and SP 500 Index 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 SP 500'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VC | 1.55 | (0.14) | 0.00 | (0.08) | 0.00 | 3.18 | 10.13 | |||
| URI | 1.35 | (0.16) | 0.00 | (0.06) | 0.00 | 2.33 | 15.09 | |||
| VSTS | 1.47 | 0.02 | 0.03 | 0.04 | 1.48 | 2.57 | 19.82 | |||
| CARS | 1.66 | (0.07) | 0.00 | (0.20) | 0.00 | 4.66 | 10.02 | |||
| CFRLF | 0.21 | (0.11) | 0.00 | 0.90 | 0.00 | 0.00 | 6.98 | |||
| CAR | 2.63 | (0.09) | 0.00 | (0.01) | 0.00 | 6.39 | 17.30 |
SP 500 Competitive Analysis
The better you understand SP 500 competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, SP 500'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 SP 500'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 |
SP 500 Competition Performance Charts
Five steps to successful analysis of SP 500 Competition
SP 500'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 SP 500 Financials in relation to its competition. SP 500's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of SP 500 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 SP 500's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to SP 500 Financials, 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 SP 500 position
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