Add Value Competition

Funds . Netherlands . 
Fund . Add Value Fund
AVFNV Fund  EUR 123.69  2.89  2.39%   
Add Value Fund competes with Cardano Impact, IShares SP, Hydratec Industries, and IShares Property; as well as few others. The fund is listed under Netherlands Equity category and is part of Optimix Vermogensbeheer N.V. family. The entity is thematically classified as Hybrid Mix Funds. Analyzing Add Value 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 Add Value to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Add Value Correlation with its peers.

Add Value vs IShares SP Correlation

Very weak diversification

The correlation between Add Value Fund and I50D is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Add Value Fund and I50D in the same portfolio, assuming nothing else is changed.

Moving together with Add Fund

  0.9KGHDF Kempen Global HighPairCorr
  0.98OPTMF Optimix Mix FundPairCorr
  0.97AVWA Cardano Impact EquityPairCorr
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Add Value's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
122.47123.69124.91
Details
Intrinsic
Valuation
LowRealHigh
111.32132.42133.64
Details
Naive
Forecast
LowNextHigh
120.73121.95123.16
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
123.69123.69123.69
Details

Add Value Competition Correlation Matrix

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

High positive correlations

AVWA
+ 0.97
AVFNV
CMEX
+ 0.95
AVWA
CMEX
+ 0.94
AVFNV
AALB
+ 0.92
CMEX
IUSP
+ 0.86
HYDRA
AALB
+ 0.84
AVFNV
  

High negative correlations

AALB
- 0.81
VDOT
VDOT
- 0.69
IUSP
VDOT
- 0.68
HYDRA
CMEX
- 0.67
VDOT
VDOT
- 0.53
AVWA
VDOT
- 0.48
AVFNV

Risk-Adjusted Indicators

There is a big difference between Add Fund performing well and Add Value 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 Add Value'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
AVFNV  0.86  0.24  0.24  3.37  0.77 
(1.00)
 2.19 
(1.82)
 6.14 
AVWA  0.37  0.08  0.10  7.12  0.29 
(0.64)
 0.91 
(0.87)
 3.93 
IUHE  0.63 (0.04) 0.00 (0.33) 0.00 
 0.00 
 1.40 
(1.37)
 3.93 
HYDRA  1.10  0.31  0.15 (1.14) 0.77 
(2.46)
 3.00 
(1.83)
 8.26 
IUSP  0.52  0.13  0.20 (0.86) 0.38 
(0.58)
 1.40 
(0.89)
 3.45 
VDOT  1.83 (0.32) 0.00  1.18  0.00 
 0.00 
 0.00 
(7.69)
 43.77 
CMEX  0.94  0.18  0.15  0.99  1.01 
(1.05)
 1.96 
(1.47)
 8.13 
AALB  1.53  0.30  0.20  1.98  1.25 
(1.91)
 4.04 
(2.17)
 12.78 
VALUE  1.00 (0.03) 0.00 (0.22) 0.00 
 0.00 
 2.31 
(2.26)
 9.19 
I50D  0.44  0.00  0.00  0.01  0.54 
(0.51)
 1.04 
(1.04)
 2.32 

Add Value Competitive Analysis

The better you understand Add Value competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Add Value'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 Add Value'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
AVFNV AVWA IUHE HYDRA IUSP VDOT CMEX AALB VALUE I50D
 2.39 
 123.69 
Add
 0.14 
 58.70 
Cardano
 2.37 
 6.99 
IShares
 1.83 
 214.00 
Hydratec
 0.04 
 27.26 
IShares
 4.17 
 0.46 
VanEck
 0.96 
 188.50 
IShares
 0.36 
 33.60 
Aalberts
 1.49 
 6.60 
Value8
 0.78 
 7.68 
IShares
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Not too volatile
Very steady
Very steady
Out of control
Very steady
Very steady
Not too volatile
Very steady
Market Performance
(90 Days Performance)
Good
Good
Weak
Good
Solid
Weakest
Good
Fair
Weakest
Weakest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Under 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
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Buy
Cautious Hold
Cautious Hold
Hold
Hold
Strong Sell
Strong Buy
Strong Buy
Cautious Hold
Cautious Hold
Current Ratio
N/A
N/A
N/A
1.0
N/A
N/A
N/A
1.35
10.6
N/A
Net Asset
77.8 M
12.15 M
N/A
227.45 M
818.24 M
N/A
63.91 M
4.32 B
110.02 M
N/A
Profit Margin
N/A
N/A
N/A
0.0916
N/A
N/A
N/A
0.0488
0.56
N/A
EBITDA
N/A
N/A
N/A
30.4 M
N/A
N/A
N/A
486.4 M
7.67 M
N/A
Operating Margin
N/A
N/A
N/A
0.13
N/A
N/A
N/A
0.12
0.87
N/A
Current Valuation
N/A
N/A
N/A
283.72 M
N/A
N/A
N/A
4.61 B
61.92 M
N/A
Price To Book
N/A
N/A
N/A
2.68
N/A
N/A
N/A
1.52
0.59
N/A
Five Year Return
N/A
N/A
5.6
3.45
6.4
N/A
12.2
1.7
N/A
N/A
Retained Earnings
N/A
N/A
N/A
24.1 M
N/A
N/A
N/A
2.29 B
7.14 M
N/A
One Year Return
N/A
N/A
2.8
N/A
6.7
-69.2
35.1
N/A
N/A
20.8
Beta
N/A
N/A
N/A
0.57
N/A
N/A
N/A
1.2
0.13
0.91
Cash Position Weight
0.29
0.49
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Equity Positions Weight
99.71
99.51
99.62
N/A
99.49
N/A
99.09
N/A
N/A
N/A
Number Of Employees
1
N/A
N/A
989
N/A
N/A
N/A
13.12 K
909
N/A
Shares Outstanding
N/A
N/A
N/A
1.3 M
N/A
N/A
N/A
108.04 M
9.6 M
N/A
Three Year Return
N/A
N/A
5.9
N/A
7.3
-37.0
7.2
N/A
N/A
21.1
Cash Flow From Operations
N/A
N/A
N/A
33.55 M
N/A
N/A
N/A
374.9 M
6.37 M
N/A
Annual Yield
N/A
N/A
N/A
0.055
N/A
N/A
N/A
0.0414
0.0303
N/A
Total Debt
N/A
N/A
N/A
12.39 M
N/A
N/A
N/A
1.24 B
5.32 M
N/A
Return On Equity
N/A
N/A
N/A
0.22
N/A
N/A
N/A
0.0628
0.0428
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
0.01
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
N/A
0.0867
N/A
N/A
N/A
0.0484
0.032
N/A
Book Value Per Share
N/A
N/A
N/A
90.34
N/A
N/A
N/A
21.83
10.22
N/A
Minimum Initial Investment
1
1
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
77.8 M
12.15 M
N/A
227.45 M
818.24 M
N/A
63.91 M
4.32 B
110.02 M
N/A
Debt To Equity
N/A
N/A
N/A
68.4
N/A
N/A
N/A
38.3
0.03
N/A
Last Dividend Paid
N/A
N/A
N/A
N/A
0.24
N/A
N/A
1.13
0.2
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
37.88
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
65.48
N/A
N/A
Market Capitalization
116.8 M
N/A
N/A
277.84 M
N/A
N/A
N/A
3.05 B
63.39 M
N/A
Price To Earning
30.07
N/A
N/A
12.83
N/A
N/A
N/A
16.08
7.13
N/A
Price To Sales
N/A
N/A
N/A
1.06
N/A
N/A
N/A
1.18
7.77
N/A
Net Income
N/A
N/A
N/A
24.1 M
N/A
N/A
N/A
149 M
7.14 M
N/A
Earnings Per Share
N/A
N/A
N/A
15.48
N/A
N/A
N/A
1.37
0.44
N/A
Shares Owned By Insiders
N/A
N/A
N/A
81.63
N/A
N/A
N/A
11.95
66.62
N/A
Revenue
N/A
N/A
N/A
263.1 M
N/A
N/A
N/A
3.09 B
5.38 M
N/A
Working Capital
N/A
N/A
N/A
6.03 M
N/A
N/A
N/A
380.7 M
28.65 M
N/A
Ten Year Return
N/A
N/A
N/A
N/A
4.8
N/A
4.8
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
4.03 M
N/A
N/A
N/A
53.7 M
34 M
N/A
Cash Per Share
N/A
N/A
N/A
3.13
N/A
N/A
N/A
0.49
3.49
N/A
Gross Profit
N/A
N/A
N/A
149.5 M
N/A
N/A
N/A
1.94 B
8.16 M
N/A
Day Typical Price
123.69
58.7
7.04
214.0
27.3
0.46
190.26
33.7
6.62
7.71
Accumulation Distribution
N/A
N/A
536.19
N/A
0.0066
N/A
0.0273
4835.42
58.54
1910.05
Market Facilitation Index
N/A
N/A
0.0
N/A
0.18
N/A
5.29
0.0
1.0E-4
N/A
Daily Balance Of Power
9.2 T
9.2 T
(0.89)
0
0.0556
0
(0.34)
(0.19)
(0.67)
(0.75)
Period Momentum Indicator
2.89
0.08
(0.17)
(4.00)
0.01
(0.02)
(1.82)
(0.12)
(0.10)
(0.06)
Rate Of Daily Change
1.02
1.0
0.98
0.98
1.0
0.96
0.99
1.0
0.99
0.99
Day Median Price
123.69
58.7
7.07
214.0
27.32
0.46
191.15
33.75
6.63
7.72
Price Action Indicator
1.45
0.04
(0.16)
(2.00)
(0.06)
(0.01)
(3.55)
(0.21)
(0.07)
(0.07)
Relative Strength Index
24.47
59.89
73.74
67.21
86.34
0.0022
48.12
94.97
37.7
37.44
Coefficient Of Variation
481.64
657.82
(2,976)
566.32
517.36
(1,542)
658.69
691.9
(6,586)
5044.43
Mean Deviation
0.8609
0.3698
0.6316
1.1
0.5241
1.83
0.9448
1.53
1.0
0.4371
Jensen Alpha
0.2375
0.0768
(0.04)
0.3113
0.1287
(0.32)
0.1824
0.2983
(0.03)
0.0014
Total Risk Alpha
0.2367
0.0765
(0.04)
0.31
0.1281
(0.33)
0.1816
0.297
(0.03)
0.0011
Sortino Ratio
0.2358
0.0984
N/A
0.1545
0.2018
N/A
0.1501
0.2005
N/A
0.0014
Downside Variance
1.01
0.6013
N/A
4.04
0.4027
N/A
1.47
2.21
N/A
0.4535
Standard Deviation
1.19
0.5713
0.851
1.82
0.7171
4.84
1.27
2.13
1.51
0.5785
Kurtosis
1.82
3.38
0.6978
6.41
1.71
15.22
1.72
2.98
3.99
0.0058
Potential Upside
2.19
0.9125
1.4
3.0
1.4
N/A
1.96
4.04
2.31
1.04
Treynor Ratio
3.37
7.12
(0.33)
(1.14)
(0.86)
1.18
0.9923
1.98
(0.22)
0.0072
Maximum Drawdown
6.14
3.93
3.93
8.26
3.45
43.77
8.13
12.78
9.19
2.32
Variance
1.42
0.3264
0.7242
3.31
0.5142
23.46
1.61
4.55
2.28
0.3347
Market Risk Adjusted Performance
3.38
7.13
(0.32)
(1.13)
(0.85)
1.19
1.0
1.99
(0.21)
0.0172
Risk Adjusted Performance
0.1645
0.1143
(0.03)
0.1427
0.1491
(0.04)
0.1216
0.1184
(0.01)
0.012
Skewness
0.694
0.322
0.1938
1.86
0.649
1.51
(0.11)
1.26
0.9475
(0.11)
Semi Deviation
0.7742
0.2917
N/A
0.7737
0.3822
N/A
1.01
1.25
N/A
0.539
Information Ratio
0.1988
0.1336
(0.05)
0.1708
0.1786
(0.07)
0.1435
0.1396
(0.02)
0.0017
Value At Risk
(1.82)
(0.87)
(1.37)
(1.83)
(0.89)
(7.69)
(1.47)
(2.17)
(2.26)
(1.04)
Expected Short fall
(1.00)
(0.64)
N/A
(2.46)
(0.58)
N/A
(1.05)
(1.91)
N/A
(0.51)
Downside Deviation
1.01
0.7755
N/A
2.01
0.6346
N/A
1.21
1.49
N/A
0.6734
Semi Variance
0.5994
0.0851
N/A
0.5986
0.1461
N/A
1.01
1.56
N/A
0.2905

Add Value Competition Performance Charts

Five steps to successful analysis of Add Value Competition

Add Value'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 Add Value Fund in relation to its competition. Add Value's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Add Value 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 Add Value's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Add Value Fund, 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.

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Sport Products
Sport Products Theme
Companies manufacturing sporting goods and accessories. The Sport Products theme has 41 constituents at this time.
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Other Information on Investing in Add Fund

Add Value financial ratios help investors to determine whether Add 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 Add with respect to the benefits of owning Add Value security.
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