Baker Competitors
| 0RR8 Stock | 43.35 0.60 1.37% |
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 Baker Hughes competition on your existing holdings.
Baker |
Baker Hughes Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Baker Hughes 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 Baker 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 Baker Hughes does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Baker Stock performing well and Baker Hughes 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 Baker Hughes' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ABDX | 1.43 | (0.59) | 0.00 | (0.96) | 0.00 | 3.23 | 15.02 | |||
| ATR | 0.56 | 0.01 | (0.12) | 0.15 | 0.62 | 1.49 | 4.10 | |||
| 0LJL | 1.30 | (0.26) | 0.00 | (0.44) | 0.00 | 2.05 | 15.49 | |||
| ADIG | 1.50 | (0.04) | 0.00 | 7.23 | 0.00 | 3.41 | 12.45 | |||
| 0KXO | 1.03 | 0.03 | (0.05) | 0.32 | 1.22 | 2.29 | 5.55 | |||
| DEC | 1.73 | 0.58 | 0.20 | (1.67) | 1.58 | 5.31 | 12.90 | |||
| 0K76 | 0.86 | (0.08) | 0.00 | (0.11) | 0.00 | 1.86 | 6.93 |
Cross Equities Net Income Analysis
Compare Baker Hughes and related stocks such as Abingdon Health Plc, Schroders Investment, and Universal Health Services Net Income Over Time
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ABDX | 3.5 M | 3.5 M | 3.5 M | 3.5 M | 3.5 M | 3.5 M | (3.2 M) | 3.5 M | (1.3 M) | (3.4 M) | (7 M) | (21.3 M) | (3.5 M) | (1.3 M) | (3.2 M) |
| ATR | 53.3 M | (82.6 M) | 55.2 M | (6.8 M) | 21.7 M | 4.7 M | 44.1 M | 69.7 M | (26.1 M) | 46.5 M | 117.9 M | 36.3 M | (70.9 M) | 35.4 M | 20.6 M |
| 0LJL | 21.7 M | 398.2 M | 443.4 M | 510.7 M | 545.3 M | 680.5 M | 702.4 M | 752.3 M | 779.7 M | 814.9 M | 944 M | 991.6 M | 675.6 M | 717.8 M | 753.7 M |
| ADIG | 55.3 M | 57 M | 55.9 M | 26.9 M | (12.7 M) | 3.6 M | 23.8 M | 9.2 M | 8.7 M | (4.4 M) | 20.8 M | (709 K) | (299 K) | (269.1 K) | (255.6 K) |
| 0KXO | 837.3 M | 837.3 M | 837.3 M | 837.3 M | 1.7 B | 1.7 B | 1.7 B | 1.7 B | 1.7 B | 1.7 B | 1.5 B | 1.5 B | 1.5 B | 1.9 B | 1.3 B |
| DEC | (2.8 M) | (2.8 M) | (2.8 M) | (2.8 M) | (238 K) | (413 K) | 17.7 M | 8.9 M | 201.1 M | 99.4 M | (23.5 M) | (325.2 M) | (620.6 M) | 758 M | 795.9 M |
| 0K76 | 41.2 M | 41.2 M | 41.2 M | 265.9 M | 352.9 M | 268.6 M | 621.6 M | 1.2 B | 931.1 M | 563.3 M | (1.4 B) | 772.2 M | 954.5 M | 622.3 M | 473.5 M |
Baker Hughes and related stocks such as Abingdon Health Plc, Schroders Investment, and Universal Health Services Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Baker Hughes financial statement analysis. It represents the amount of money remaining after all of Baker Hughes Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Baker Hughes Competitive Analysis
The better you understand Baker Hughes competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Baker Hughes' 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 Baker Hughes' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Baker Hughes Competition Performance Charts
Five steps to successful analysis of Baker Hughes Competition
Baker Hughes' 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 Baker Hughes in relation to its competition. Baker Hughes' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Baker Hughes 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 Baker Hughes' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Baker Hughes, 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.
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Additional Tools for Baker Stock Analysis
When running Baker Hughes' price analysis, check to measure Baker Hughes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.