Solytech Competitors
| 1471 Stock | TWD 10.05 0.45 4.69% |
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Solytech Enterprise Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Solytech Enterprise 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 Solytech 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 Solytech Enterprise Corp does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Solytech Stock performing well and Solytech Enterprise 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 Solytech Enterprise'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 3272 | 1.14 | (0.29) | 0.00 | (0.57) | 0.00 | 2.04 | 12.97 | |||
| 2380 | 2.13 | 0.01 | 0.00 | 0.04 | 0.00 | 9.83 | 16.87 | |||
| 8087 | 1.66 | (0.06) | 0.00 | (0.30) | 0.00 | 4.33 | 9.15 | |||
| 3521 | 2.20 | 0.27 | 0.11 | 0.49 | 1.88 | 8.88 | 15.22 | |||
| 6570 | 0.80 | (0.19) | 0.00 | (1.03) | 0.00 | 1.85 | 5.56 | |||
| 5310 | 1.74 | (0.53) | 0.00 | 1.60 | 0.00 | 3.57 | 12.67 | |||
| 8071 | 1.01 | (0.15) | 0.00 | (0.15) | 0.00 | 2.35 | 5.85 | |||
| 3287 | 1.35 | (0.25) | 0.00 | (0.85) | 0.00 | 3.42 | 11.43 |
Solytech Enterprise Competitive Analysis
The better you understand Solytech Enterprise competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Solytech Enterprise'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 Solytech Enterprise'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 |
Solytech Enterprise Competition Performance Charts
Five steps to successful analysis of Solytech Enterprise Competition
Solytech Enterprise'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 Solytech Enterprise Corp in relation to its competition. Solytech Enterprise's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Solytech Enterprise 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 Solytech Enterprise's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Solytech Enterprise Corp, 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 Solytech Stock Analysis
When running Solytech Enterprise's price analysis, check to measure Solytech Enterprise'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 Solytech Enterprise is operating at the current time. Most of Solytech Enterprise's value examination focuses on studying past and present price action to predict the probability of Solytech Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solytech Enterprise's price. Additionally, you may evaluate how the addition of Solytech Enterprise to your portfolios can decrease your overall portfolio volatility.