Chang Competitors

Stocks . Taiwan . 
Stock . Chang Ho Fibre
1468 Stock  TWD 13.30  0.10  0.76%   
Chang Ho Fibre competes with Universal Textile, Trk Corp, Evertex Fabrinology, Taiwan EnterpriseCo, and Shinih Enterprise; as well as few others. The company operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. Analyzing Chang Ho 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 Chang Ho to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Chang Ho Correlation with its peers.

Chang Ho vs Kwang Ming Correlation

Modest diversification

The correlation between Chang Ho Fibre and 4420 is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Chang Ho Fibre and 4420 in the same portfolio, assuming nothing else is changed.

Moving together with Chang Stock

  0.733485 Eclat Forever MachineryPairCorr

Moving against Chang Stock

  0.593206 Kingstate ElectronicsPairCorr
Hype
Prediction
LowEstimatedHigh
11.6913.3014.91
Details
Intrinsic
Valuation
LowRealHigh
10.5512.1613.77
Details
Naive
Forecast
LowNextHigh
12.0513.6615.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.1512.0612.97
Details

Chang Ho Competition Correlation Matrix

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

High positive correlations

4426
+ 0.86
1445
1470
+ 0.63
1432
1466
+ 0.6
1445
4426
+ 0.58
1466
1466
+ 0.55
5906
5906
+ 0.36
1445
  

High negative correlations

4426
- 0.7
1467
1466
- 0.57
1432
4426
- 0.52
1470
1470
- 0.51
1445
1466
- 0.47
1470
1467
- 0.47
1445

Risk-Adjusted Indicators

There is a big difference between Chang Stock performing well and Chang Ho 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 Chang Ho'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
1445  1.20  0.00  0.00  0.07  0.00 
 0.00 
 2.86 
(2.40)
 12.11 
1432  0.83  0.09  0.03  0.42  0.95 
(1.26)
 2.20 
(1.10)
 13.28 
1470  0.64  0.02 (0.02) 0.60  0.97 
(1.55)
 2.01 
(2.43)
 8.21 
5906  0.86 (0.03) 0.00  0.86  0.00 
 0.00 
 1.96 
(1.94)
 7.01 
9944  0.48  0.06 (0.04)(0.15) 0.49 
(0.71)
 0.90 
(1.18)
 2.68 
1466  1.29 (0.14) 0.00 (1.16) 0.00 
 0.00 
 2.53 
(3.31)
 6.74 
1467  0.74  0.09  0.04  0.36  0.69 
(1.01)
 2.50 
(1.37)
 7.36 
4442  1.92  0.02  0.00  0.04  0.00 
 0.00 
 5.83 
(3.46)
 19.79 
4426  0.71 (0.11) 0.00 (0.21) 0.00 
 0.00 
 1.11 
(0.99)
 14.19 
4420  0.40 (0.02) 0.00 (0.21) 0.00 
 0.00 
 0.79 
(0.98)
 2.37 

Chang Ho Competitive Analysis

The better you understand Chang Ho competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Chang Ho'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 Chang Ho'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
1468 1445 1432 1470 5906 9944 1466 1467 4442 4426
 0.76 
 13.30 
Chang
 1.37 
 14.40 
Universal
 2.20 
 18.60 
Trk
 0.22 
 22.95 
Evertex
 1.37 
 51.70 
Taiwan
 3.54 
 17.55 
Shinih
 4.17 
 15.00 
Acelon
 0.88 
 7.87 
Tex
 0.52 
 58.00 
4442
 2.93 
 9.62 
4426
Market Volatility
(90 Days Market Risk)
Not too volatile
Not too volatile
Very steady
Very steady
Very steady
Very steady
Not too volatile
Not too volatile
Very steady
Not too volatile
Market Performance
(90 Days Performance)
Fair
Weak
Mild
Soft
Weakest
Fair
Weakest
Fair
Weak
Weakest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Small
Low
Low
Low
Low
Small
Small
Unknown
Small
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Over 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)
Sell
Strong Sell
Hold
Sell
Sell
Strong Sell
Strong Sell
Hold
Strong Sell
Strong Hold
Current Ratio
2.22
5.72
0.84
3.88
1.02
1.2
1.42
1.41
N/A
2.12
Net Asset
3.43 B
2.01 B
4.89 B
1.25 B
1.17 B
5.66 B
3.68 B
8.62 B
N/A
4.96 B
Profit Margin
0.11
-0.0048
-0.0439
0.0526
0.0553
0.19
0.0126
0.0104
N/A
-0.18
EBITDA
82.43 M
11.79 M
271.32 M
135.18 M
233.37 M
1.01 B
420.56 M
392.59 M
N/A
(66.31 M)
Operating Margin
0.011
-0.0431
-0.0011
0.11
0.0908
0.0223
-0.0054
0.0192
N/A
-0.28
Current Valuation
2.87 B
1.91 B
4.15 B
1.26 B
1.25 B
2.37 B
2.47 B
4.84 B
N/A
6.27 B
Price To Book
1.66
1.31
1.47
1.66
2.07
0.66
0.79
0.91
N/A
1.73
Retained Earnings
(594 M)
305 M
(14 M)
92 M
(977 M)
1.53 B
208 M
373 M
N/A
1.1 B
Current Asset
1.22 B
1.09 B
1.19 B
703 M
556 M
2.51 B
1.53 B
4.05 B
N/A
1.08 B
Five Year Return
N/A
4.02
N/A
2.72
N/A
1.42
N/A
N/A
N/A
1.02
Beta
0.5
0.21
0.7
0.13
0.94
0.43
0.53
0.92
N/A
0.69
Number Of Employees
14
11
13
11
23
12
10
27
N/A
12
Shares Outstanding
160.4 M
130.67 M
88.24 M
85.77 M
32.4 M
105.91 M
111.16 M
233.62 M
N/A
172.68 M
Cash Flow From Operations
(485.02 M)
(152.2 M)
259.89 M
43.83 M
175.84 M
84.79 M
167.28 M
(329.95 M)
N/A
(153.26 M)
Annual Yield
N/A
0.0129
0.6
0.0431
0.0488
0.0488
0.0858
0.0588
N/A
0.0236
Total Debt
510.32 M
980 K
224.72 M
53.94 M
634.43 M
907.08 M
641.76 M
1.69 B
N/A
1.5 B
Return On Equity
0.12
-0.0044
-0.0754
0.051
0.22
0.17
0.023
0.0185
N/A
-0.0714
Z Score
2.4
N/A
3.6
17.4
1.6
1.2
1.2
0.6
N/A
1.8
Return On Asset
0.0031
-0.0199
-2.0E-4
0.0557
0.0863
0.0067
-0.0028
0.0095
N/A
-0.0386
Book Value Per Share
8.17
12.19
8.14
11.32
14.75
31.09
14.87
13.4
N/A
15.61
Current Liabilities
709 M
210 M
2.22 B
150 M
326 M
2 B
1.34 B
2.87 B
N/A
692 M
Total Asset
3.43 B
2.01 B
4.89 B
1.25 B
1.17 B
5.66 B
3.68 B
8.62 B
N/A
4.96 B
Debt To Equity
100.6
N/A
223.3
5.6
172.4
56.1
77.7
121.2
N/A
0.64
Last Dividend Paid
N/A
N/A
N/A
0.8
1.7
1.0
1.0
N/A
N/A
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
32.5
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
0.25
N/A
0.9
N/A
3.24
Market Capitalization
2.23 B
2.07 B
1.54 B
1.59 B
1.12 B
2.17 B
1.29 B
2.72 B
N/A
4.56 B
Price To Earning
23.07
94.0
1.24
29.16
17.3
149.16
-11.91
38.37
N/A
39.2
Price To Sales
1.59
1.43
0.97
1.69
0.54
0.81
0.43
0.41
N/A
4.01
Net Income
9.65 M
(25.19 M)
(151.27 M)
65.2 M
104.73 M
513.22 M
177.88 M
(30.88 M)
N/A
(371.57 M)
Earnings Per Share
0.9
-0.098
-1.87
0.58
3.05
4.72
0.35
0.3
N/A
-2.31
Shares Owned By Insiders
85.0
53.6
40.84
46.19
80.79
55.91
41.88
54.93
N/A
49.21
Revenue
1.14 B
1.25 B
778.05 M
894.79 M
1.52 B
2.61 B
3.57 B
6.64 B
N/A
642.9 M
Working Capital
509 M
878 M
(1.03 B)
553 M
230 M
506 M
196 M
1.18 B
N/A
393 M
Cash And Equivalents
426.98 M
229.29 M
318.18 M
369.86 M
102.48 M
1.06 B
39.08 M
1.03 B
N/A
978.04 M
Cash Per Share
2.66
1.73
1.89
4.31
3.42
9.7
0.35
4.42
N/A
5.66
Gross Profit
129.66 M
84.08 M
254.87 M
191.12 M
893.64 M
602.1 M
621.36 M
1.33 B
N/A
(269.18 M)
Day Typical Price
13.25
14.33
18.58
22.95
51.7
17.68
14.8
7.96
58.0
9.71
Accumulation Distribution
1671.64
745.61
2455.45
N/A
N/A
57686.76
14466.28
13333.62
360.3
13650.55
Daily Balance Of Power
0.2857
(1.00)
1.6
0
9.2 T
0.3529
1.0
(0.26)
0.5
(0.69)
Period Momentum Indicator
0.1
(0.20)
0.4
(0.05)
0.7
0.6
0.6
(0.07)
0.3
(0.29)
Rate Of Daily Change
1.01
0.99
1.02
1.0
1.01
1.04
1.04
0.99
1.01
0.97
Day Median Price
13.23
14.3
18.58
22.95
51.7
17.75
14.7
8.01
58.0
9.76
Price Action Indicator
0.13
N/A
0.23
(0.03)
0.35
0.1
0.6
(0.17)
0.15
(0.29)
Relative Strength Index
70.59
59.53
57.25
53.59
49.4
64.58
56.1
61.61
48.11
49.96
Coefficient Of Variation
632.66
(20,619)
1261.47
3277.89
(7,703)
1424.39
(1,323)
1083.4
(16,565)
(2,364)
Mean Deviation
0.956
1.2
0.8296
0.6424
0.8562
0.4776
1.29
0.735
1.92
0.7145
Jensen Alpha
0.2544
0.0012
0.0883
0.0243
(0.03)
0.0596
(0.14)
0.0851
0.0207
(0.11)
Total Risk Alpha
0.0923
(0.20)
(0.03)
(0.09)
(0.15)
(0.03)
(0.29)
(0.01)
(0.33)
(0.23)
Sortino Ratio
0.1387
N/A
0.0295
(0.02)
N/A
(0.04)
N/A
0.0379
N/A
N/A
Downside Variance
1.56
N/A
1.54
3.56
N/A
0.5684
N/A
0.9064
N/A
N/A
Standard Deviation
1.6
1.88
1.46
1.23
1.34
0.7238
1.67
1.25
3.17
1.62
Kurtosis
20.82
10.41
15.69
4.15
1.31
7.44
0.2852
7.61
4.09
23.05
Potential Upside
2.2
2.86
2.2
2.01
1.96
0.9009
2.53
2.5
5.83
1.11
Treynor Ratio
(1.43)
0.0651
0.4186
0.6006
0.857
(0.15)
(1.16)
0.3601
0.0404
(0.21)
Maximum Drawdown
10.0
12.11
13.28
8.21
7.01
2.68
6.74
7.36
19.79
14.19
Variance
2.55
3.53
2.13
1.51
1.78
0.5239
2.78
1.56
10.06
2.63
Market Risk Adjusted Performance
(1.42)
0.0751
0.4286
0.6106
0.867
(0.14)
(1.15)
0.3701
0.0504
(0.20)
Risk Adjusted Performance
0.1217
0.0025
0.0633
0.0265
(0.01)
0.0515
(0.05)
0.072
0.0032
(0.03)
Skewness
3.44
2.27
2.05
(0.32)
(0.28)
1.45
(0.23)
2.22
(0.04)
3.24
Semi Deviation
0.7959
N/A
0.9452
0.9684
N/A
0.489
N/A
0.6914
N/A
N/A
Information Ratio
0.1085
(0.05)
0.025
(0.03)
(0.07)
(0.04)
(0.12)
0.0289
(0.03)
(0.09)
Value At Risk
(1.68)
(2.40)
(1.10)
(2.43)
(1.94)
(1.18)
(3.31)
(1.38)
(3.46)
(0.99)
Expected Short fall
(1.30)
N/A
(1.26)
(1.55)
N/A
(0.71)
N/A
(1.01)
N/A
N/A
Downside Deviation
1.25
N/A
1.24
1.89
N/A
0.754
N/A
0.9521
N/A
N/A
Semi Variance
0.6335
N/A
0.8934
0.9377
N/A
0.2391
N/A
0.478
N/A
N/A

Chang Ho Competition Performance Charts

Five steps to successful analysis of Chang Ho Competition

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

In addition to having Chang Ho 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.

Did You Try This Idea?

Run Marijuana Thematic Idea Now

Marijuana
Marijuana Theme
Small and mid-cap equities that are involved in production and delivery of Marijuana products. This theme is designed for investors that are willing to accept higher levels of market risk inherited by Marijuana production in the United States. The Marijuana theme has 21 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 Marijuana Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Chang Stock Analysis

When running Chang Ho's price analysis, check to measure Chang Ho's 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 Chang Ho is operating at the current time. Most of Chang Ho's value examination focuses on studying past and present price action to predict the probability of Chang Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chang Ho's price. Additionally, you may evaluate how the addition of Chang Ho to your portfolios can decrease your overall portfolio volatility.
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
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY