Kingnet Competitors

002517 Stock   12.88  0.25  1.90%   
Kingnet Network competes with Ming Yang, Loctek Ergonomic, Hunan Nanling, Shandong Ruifeng, and Jiangsu Seagull; as well as few others. The company operates under Entertainment sector and is part of Communication Services industry. Analyzing Kingnet Network 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 Kingnet Network to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Kingnet Network 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 Kingnet Network competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
9.9513.3316.71
Details
Intrinsic
Valuation
LowRealHigh
6.9010.2813.66
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.240.260.27
Details

Kingnet Network Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Kingnet Network and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Kingnet 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 Kingnet Network does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
516220159681
300729159681
516220300729
600895300243
516220601615
300243601615
  
High negative correlations   
300049159005

Risk-Adjusted Indicators

There is a big difference between Kingnet Stock performing well and Kingnet Network Company 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 Kingnet Network'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
601615  2.50  0.54  0.15 (2.75) 2.39 
 7.35 
 18.14 
159681  2.88  0.74  0.11 (0.85) 2.93 
 8.99 
 36.32 
159005  0.01  0.00  0.00 (1.20) 0.00 
 0.01 
 0.14 
300729  2.00  0.41  0.08 (1.47) 2.80 
 6.27 
 24.80 
516220  1.62  0.31  0.04 (0.44) 1.66 
 5.26 
 17.74 
002096  2.09  0.15  0.02  1.98  2.39 
 4.30 
 13.27 
300243  3.02  0.80  0.18 (14.93) 3.12 
 10.41 
 26.79 
603269  2.56  0.37  0.06 (0.46) 2.66 
 5.98 
 16.65 
300049  3.29 (0.14) 0.00  0.79  0.00 
 7.57 
 28.09 
600895  3.40  0.70  0.18  1.24  3.13 
 10.01 
 19.00 

Cross Equities Net Income Analysis

Compare Kingnet Network and related stocks such as Ming Yang Smart, 159681, and 159005 Net Income Over Time
201020112012201320142015201620172018201920202021202220232024
601615421.2 M421.2 M421.2 M421.2 M421.2 M421.2 M421.2 M369.4 M426 M712.6 M1.4 B3.1 B3.4 B372.5 M353.8 M
30072960.1 M60.1 M60.1 M60.1 M60.1 M60.1 M60.1 M62.8 M57.6 M63 M217.1 M184.7 M218.7 M633.7 M665.4 M
00209613.3 M220.5 M177.5 M184.6 M197.9 M109.4 M33.9 M27 M22.7 M23.9 M20.1 M49 M47.7 M633.9 M665.6 M
30024315 M39.1 M34.3 M28.2 M34.9 M47.3 M17.8 M30.6 M90.2 M74.5 M85.4 M92.9 M61.1 M85.3 M56 M
60326937.6 M37.6 M37.6 M37.6 M37.6 M37.6 M37.6 M37.9 M33.2 M48.5 M46.5 M52.9 M73.8 M84.8 M57.1 M
30004922.6 M52.5 M41.1 M4.9 M87.2 M91.7 M121 M71.9 M35.4 M43.4 M61.9 M95.5 M97.9 M101.6 M64.7 M
600895175.8 M467 M370 M372.5 M436 M481.6 M726.6 M467.5 M544.3 M582.8 M1.8 B740.6 M822.2 M947.9 M608.9 M

Kingnet Network and related stocks such as Ming Yang Smart, 159681, and 159005 Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Kingnet Network financial statement analysis. It represents the amount of money remaining after all of Kingnet Network Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Kingnet Network Competitive Analysis

The better you understand Kingnet Network competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Kingnet Network'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 Kingnet Network'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
002517 601615 159681 159005 300729 516220 002096 300243 603269 300049
 1.90 
 12.88 
Kingnet
 1.80 
 12.52 
Ming
 4.00 
 0.96 
159681
 0.00 
 100.00 
159005
 3.41 
 17.27 
Loctek
 1.52 
 0.65 
516220
 0.25 
 12.26 
Hunan
 11.77 
 11.39 
Shandong
 0.42 
 9.40 
Jiangsu
 1.09 
 36.99 
Inner
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(90 Days Performance)
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Accumulation Distribution
Market Facilitation Index
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Period Momentum Indicator
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Total Risk Alpha
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Kingnet Network Competition Performance Charts

Five steps to successful analysis of Kingnet Network Competition

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

In addition to having Kingnet Network 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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Chemicals
Chemicals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 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 Chemicals Theme or any other thematic opportunities.
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Other Information on Investing in Kingnet Stock

Kingnet Network financial ratios help investors to determine whether Kingnet Stock 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 Kingnet with respect to the benefits of owning Kingnet Network security.