BIT Competitors

Stocks . Korea . 
Stock . BIT Computer Co
032850 Stock  KRW 5,010  55.00  1.11%   
BIT Computer competes with Samsung Electronics, Samsung Electronics, LG Energy, SK Hynix, and Samsung Biologics; as well as few others. The company operates under Health Care Technology sector and is part of Health Care industry. Analyzing BIT Computer 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 BIT Computer to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out BIT Computer 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 BIT Computer competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
5,0085,0105,012
Details
Intrinsic
Valuation
LowRealHigh
4,2454,2465,511
Details
Naive
Forecast
LowNextHigh
5,0195,0205,022
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4,6294,8685,106
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BIT Computer. Your research has to be compared to or analyzed against BIT Computer's peers to derive any actionable benefits. When done correctly, BIT Computer's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BIT Computer.

BIT Computer Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between BIT Computer 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 BIT 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 BIT Computer does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
005930
+ 0.99
005935
005385
+ 0.98
005387
051910
+ 0.94
051915
005385
+ 0.83
006400
006400
+ 0.81
051910
005387
+ 0.8
006400
  
High negative correlations   
373220
- 0.64
005935
373220
- 0.62
005930
207940
- 0.3
005935
005385
- 0.28
000660
006400
- 0.27
000660
207940
- 0.27
005930

Risk-Adjusted Indicators

There is a big difference between BIT Stock performing well and BIT Computer 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 BIT Computer'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
005935  1.48 (0.34) 0.00  1.58  0.00 
 0.00 
 2.41 
(3.67)
 8.32 
005930  1.64 (0.42) 0.00  20.03  0.00 
 0.00 
 3.94 
(3.64)
 8.99 
373220  2.48  0.45  0.07 (0.47) 2.97 
(2.68)
 5.64 
(3.75)
 18.27 
000660  2.81 (0.07) 0.00  0.98  0.00 
 0.00 
 6.20 
(5.35)
 14.85 
207940  0.90 (0.01)(0.06)(0.01) 1.21 
(1.49)
 2.57 
(2.47)
 8.27 
051915  1.97  0.14  0.00 (0.55) 2.26 
(2.22)
 4.35 
(4.09)
 9.96 
051910  1.81  0.12  0.00 (0.98) 2.25 
(1.98)
 5.12 
(3.78)
 14.51 
006400  2.46 (0.08) 0.00  0.43  0.00 
 0.00 
 5.63 
(5.93)
 16.72 
005387  1.47  0.14 (0.04)(0.06) 1.81 
(1.52)
 3.40 
(3.01)
 10.97 
005385  1.34  0.05  0.00  0.02  0.00 
 0.00 
 3.99 
(2.42)
 9.37 
All Fundamental Data

BIT Computer Competitive Analysis

The better you understand BIT Computer competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, BIT Computer'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 BIT Computer'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
032850 005935 005930 373220 000660 207940 051915 051910 006400 005387
 1.11 
 5,010 
BIT
 0.10 
 49,000 
Samsung
 0.69 
 58,300 
Samsung
 3.22 
 406,000 
373220
 0.06 
 177,100 
000660
 3.03 
 929,000 
Samsung
 1.88 
 208,500 
051915
 0.16 
 307,000 
051910
 0.36 
 278,500 
Samsung
 4.10 
 170,200 
Hyundai
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Weak
Insignificant
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over 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 Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Current Ratio
2.23
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Asset
71.73 B
426.62 T
426.62 T
23.76 T
96.39 T
7.97 T
51.14 T
51.14 T
25.83 T
233.95 T
Profit Margin
0.17
0.18
0.18
0.0255
0.19
0.2
0.0454
0.0454
0.0955
0.046
EBITDA
8.43 B
88.03 T
88.03 T
2.3 T
24.33 T
737.78 B
7.94 T
7.94 T
2.97 T
12.82 T
Operating Margin
0.17
0.14
0.14
0.0489
0.26
0.32
0.0725
0.0725
0.0881
0.0592
Current Valuation
165 B
289.78 T
289.78 T
118.57 T
72.86 T
58.92 T
55.66 T
55.66 T
46.33 T
126.62 T
Price To Book
N/A
1.1
1.23
6.04
0.82
6.92
0.71
1.55
2.73
0.25
Retained Earnings
17.31 B
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Current Asset
20.09 B
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Beta
0.92
0.95
0.95
N/A
0.93
0.58
1.26
1.26
0.69
1.04
Number Of Employees
141
10
10
10.55 K
10
10
14.33 K
14.33 K
10
64.05 K
Shares Outstanding
16.45 M
822.89 M
5.97 B
234 M
687.65 M
71.17 M
7.68 M
70.22 M
65.43 M
34.77 M
Cash Flow From Operations
6.41 B
65.11 T
65.11 T
978.59 B
19.8 T
454.6 B
5.51 T
5.51 T
2.18 T
(1.18 T)
Annual Yield
0.0107
0.0258
0.023
N/A
0.0293
N/A
0.0335
0.0147
0.0014
0.0803
Total Debt
3.85 B
509.73 B
509.73 B
4.71 T
14.74 T
1.11 T
11.04 T
11.04 T
2.11 T
74.13 T
Return On Equity
7.76
0.17
0.17
0.0859
0.15
0.0751
0.0819
0.0819
0.11
0.0796
Z Score
17.4
N/A
N/A
15.6
2.4
30.6
2.4
2.4
13.8
N/A
Return On Asset
0.0569
0.062
0.062
0.022
0.0838
0.0422
0.0372
0.0372
0.0361
0.02
Current Liabilities
8.33 B
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
71.73 B
426.62 T
426.62 T
23.76 T
96.39 T
7.97 T
51.14 T
51.14 T
25.83 T
233.95 T
Debt To Equity
0.096
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Target Price
N/A
65400.0
75711.0
629400.0
116956.0
1000000.0
N/A
851720.0
870607.0
N/A
Last Dividend Paid
N/A
1448.0
1444.0
N/A
2740.0
N/A
10050.0
10000.0
1030.0
7100.0
Shares Owned By Institutions
1.3
35.3
27.58
8.75
38.42
13.8
32.1
36.2
33.68
33.23
Market Capitalization
115.29 B
424.67 T
424.25 T
127.09 T
64.23 T
57.3 T
50.06 T
49.76 T
48.83 T
42.38 T
Price To Earning
45.65
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Earnings To Growth
N/A
3.6
4.0
N/A
25.81
N/A
N/A
N/A
0.71
N/A
Price To Sales
2.16
1.29
1.29
5.28
1.1
23.45
0.98
0.97
2.45
0.28
Net Income
4.89 B
39.24 T
39.24 T
792.52 B
9.6 T
393.59 B
3.67 T
3.67 T
1.17 T
4.94 T
Earnings Per Share
N/A
873.86
1039.75
1533.23
187.08
2417.83
N/A
4956.35
8634.37
N/A
Shares Owned By Insiders
25.33
0.07
19.25
85.22
25.6
75.18
N/A
33.36
20.42
N/A
Revenue
36.43 B
279.6 T
279.6 T
17.85 T
43 T
1.57 T
42.65 T
42.65 T
13.55 T
117.61 T
Working Capital
11.75 B
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
7.85 B
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Per Share
889.03
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
10.73 B
112.19 T
112.19 T
3.9 T
18.95 T
723.35 B
11.22 T
11.22 T
3.08 T
21.93 T
Day Typical Price
4986.67
49283.33
58233.33
411000.0
176500.0
935000.0
210833.0
307000.0
278833.0
168167.0
Accumulation Distribution
0.0219
0.0171
0.0238
0.0403
0.0169
0.0356
0.0325
0.0257
0.0352
0.0507
Market Facilitation Index
110.0
850.0
1400.0
17000.0
3000.0
34000.0
7000.0
8000.0
10000.0
8700.0
Daily Balance Of Power
0.5
(0.06)
0.2857
(0.79)
0.0333
(0.85)
(0.57)
0.0625
0.1
0.7701
Period Momentum Indicator
55.0
(50.00)
400.0
(13,500)
100.0
(29,000)
(4,000)
500.0
1000.0
6700.0
Rate Of Daily Change
1.01
1.0
1.01
0.97
1.0
0.97
0.98
1.0
1.0
1.04
Day Median Price
4975.0
49425.0
58200.0
413500.0
176200.0
938000.0
212000.0
307000.0
279000.0
167150.0
Price Action Indicator
62.5
(450.00)
300.0
(14,250)
950.0
(23,500)
(5,500)
250.0
N/A
6400.0
Relative Strength Index
48.36
45.69
45.26
51.43
47.63
39.65
48.19
48.11
42.8
53.63
Coefficient Of Variation
(900.84)
(570.37)
(546.66)
886.99
(4,657)
16328.41
2073.98
2107.56
(3,019)
3716.03
Mean Deviation
1.28
1.48
1.64
2.48
2.81
0.8992
1.97
1.81
2.46
1.47
Jensen Alpha
(0.17)
(0.34)
(0.42)
0.4534
(0.07)
(0.01)
0.1382
0.124
(0.08)
0.1363
Total Risk Alpha
(0.48)
(0.69)
(0.78)
(0.16)
(0.63)
(0.23)
(0.29)
(0.29)
(0.62)
(0.27)
Sortino Ratio
N/A
N/A
N/A
0.0674
N/A
(0.06)
(0)
(0)
N/A
(0.04)
Downside Variance
N/A
N/A
N/A
12.74
N/A
3.88
6.13
5.36
N/A
3.96
Standard Deviation
1.76
2.05
2.26
3.29
3.49
1.47
2.56
2.54
3.22
1.99
Kurtosis
1.1
2.79
1.75
2.06
(0.07)
1.65
0.3323
1.78
1.06
1.77
Potential Upside
2.72
2.41
3.94
5.64
6.2
2.57
4.35
5.12
5.63
3.4
Treynor Ratio
0.781
1.58
20.03
(0.47)
0.9753
(0.01)
(0.55)
(0.98)
0.4346
(0.06)
Maximum Drawdown
9.87
8.32
8.99
18.27
14.85
8.27
9.96
14.51
16.72
10.97
Variance
3.11
4.19
5.09
10.82
12.18
2.16
6.55
6.44
10.38
3.97
Market Risk Adjusted Performance
0.791
1.59
20.04
(0.46)
0.9853
5.0E-4
(0.54)
(0.97)
0.4446
(0.05)
Risk Adjusted Performance
(0.08)
(0.13)
(0.13)
0.0939
(0.01)
0.0095
0.0439
0.0433
(0.02)
0.0267
Skewness
0.1128
0.8687
0.9389
(0.69)
0.2529
0.2275
0.4089
0.4832
0.5514
0.7293
Semi Deviation
N/A
N/A
N/A
2.97
N/A
1.21
2.26
2.25
N/A
1.81
Information Ratio
(0.18)
(0.24)
(0.24)
0.0731
(0.06)
(0.08)
(0)
(0)
(0.07)
(0.04)
Value At Risk
(2.93)
(3.67)
(3.64)
(3.75)
(5.35)
(2.47)
(4.09)
(3.78)
(5.93)
(3.01)
Expected Short fall
N/A
N/A
N/A
(2.68)
N/A
(1.49)
(2.22)
(1.98)
N/A
(1.52)
Downside Deviation
N/A
N/A
N/A
3.57
N/A
1.97
2.48
2.32
N/A
1.99
Semi Variance
N/A
N/A
N/A
8.82
N/A
1.46
5.1
5.08
N/A
3.28

BIT Computer Competition Performance Charts

Five steps to successful analysis of BIT Computer Competition

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

In addition to having BIT Computer 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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Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning 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 Cleaning Theme or any other thematic opportunities.
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Other Information on Investing in BIT Stock

BIT Computer financial ratios help investors to determine whether BIT 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 BIT with respect to the benefits of owning BIT Computer security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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