Quadravest Preferred Competition
| PREF Etf | CAD 10.54 0.02 0.19% |
Quadravest Preferred and Hamilton Mid Correlation Snapshot
Excellent diversification
The correlation between PREF and HUM is -0.56, which Macroaxis classifies as Excellent diversification for the selected horizon. The overlap area represents the portion of risk that may be diversified away when both instruments are held together and nothing else in the portfolio changes.
Moving against Quadravest Etf
Investors who believe in mean reversion view Quadravest Preferred's price extremes not as permanent states but as temporary dislocations that create opportunities for disciplined, contrarian capital allocation.
Quadravest Preferred Competition Correlation Matrix
Correlation analysis between Quadravest Preferred Split and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
High positive correlations
| High negative correlations
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Quadravest Preferred Competition Risk-Adjusted Indicators
There is a big difference between Quadravest Etf performing well and Quadravest Preferred 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 Quadravest Preferred'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.46 | -0.08 | 0.00 | -0.14 | 0.00 | 2.30 | 13.69 | |||
| MSFT | 1.28 | -0.30 | 0.00 | -0.85 | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.56 | -0.33 | 0.00 | -0.96 | 0.00 | 2.70 | 11.09 | |||
| F | 1.36 | -0.10 | 0.00 | -0.13 | 0.00 | 3.61 | 10.01 | |||
| T | 1.13 | 0.15 | 0.13 | 0.93 | 1.21 | 3.87 | 8.53 | |||
| A | 1.27 | -0.32 | 0.00 | -0.35 | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.80 | -0.40 | 0.00 | -0.71 | 0.00 | 3.41 | 9.78 | |||
| JPM | 1.24 | -0.16 | 0.00 | 0.64 | 0.00 | 2.34 | 8.17 | |||
| MRK | 1.18 | 0.26 | 0.19 | 0.56 | 1.27 | 2.54 | 7.29 | |||
| XOM | 1.35 | 0.47 | 0.33 | 34.44 | 1.13 | 2.90 | 6.83 |
Quadravest Preferred Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
Peer Performance Charts
How to Analyze Quadravest Preferred Against Peers
Quadravest Preferred's peer analysis compares Quadravest Preferred with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether Quadravest Preferred trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where Quadravest Preferred leads or lags and what catalysts could close or widen the gap.