159792 Competition

159792 Etf

0.68 0.02 2.86%

159792 competes with Shenzhen MTC, Ming Yang, Changzhou Almaden, Loctek Ergonomic, and Xiamen East; as well as few others. Analyzing 159792 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 159792 to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.

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 159792 competition on your existing holdings.

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as 159792. Your research has to be compared to or analyzed against 159792's peers to derive any actionable benefits. When done correctly, 159792'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 159792.

159792 Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between 159792 and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of 159792 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 159792 does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.29	0.57	-0.02	0.6	0.02	0.68	0.28	-0.56	0.72	META
MSFT	0.29		0.24	0.12	0.2	-0.02	0.02	-0.17	0.11	-0.18	MSFT
UBER	0.57	0.24		-0.02	0.02	0.26	0.05	-0.1	0.04	0.36	UBER
F	-0.02	0.12	-0.02		0.0	-0.37	0.36	0.62	-0.24	0.29	F
T	0.6	0.2	0.02	0.0		-0.48	0.73	0.49	-0.76	0.39	T
A	0.02	-0.02	0.26	-0.37	-0.48		-0.48	-0.65	0.64	-0.01	A
CRM	0.68	0.02	0.05	0.36	0.73	-0.48		0.83	-0.92	0.68	CRM
JPM	0.28	-0.17	-0.1	0.62	0.49	-0.65	0.83		-0.83	0.51	JPM
MRK	-0.56	0.11	0.04	-0.24	-0.76	0.64	-0.92	-0.83		-0.57	MRK
XOM	0.72	-0.18	0.36	0.29	0.39	-0.01	0.68	0.51	-0.57		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.83	CRM
CRM	+ 0.73	T
XOM	+ 0.72	META
CRM	+ 0.68	META
XOM	+ 0.68	CRM
MRK	+ 0.64	A

High negative correlations

MRK	- 0.92	CRM
MRK	- 0.83	JPM
MRK	- 0.76	T
JPM	- 0.65	A
XOM	- 0.57	MRK
MRK	- 0.56	META

159792 Competition Risk-Adjusted Indicators

There is a big difference between 159792 Etf performing well and 159792 ETF 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 159792'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
META	1.05	0.00	(0.03)	0.12	1.40	(1.14)	2.62	(3.15)	8.02
MSFT	0.88	(0.08)	(0.07)	0.01	1.51	(0.82)	2.09	(1.85)	8.19
UBER	1.60	(0.14)	0.00	(0.02)	0.00	0.00	2.69	(2.44)	20.10
F	1.43	(0.12)	(0.02)	0.04	2.19	(1.43)	2.75	(2.90)	11.72
T	0.92	0.28	0.14	24.43	0.85	(1.04)	2.56	(1.72)	6.47
A	1.14	(0.13)	0.00	(0.12)	0.00	0.00	2.29	(2.42)	9.02
CRM	1.28	0.29	0.25	0.37	0.90	(1.52)	3.18	(1.91)	9.09
JPM	1.12	0.00	0.06	0.12	1.44	(1.17)	2.05	(2.00)	15.87
MRK	0.85	(0.26)	0.00	(1.12)	0.00	0.00	1.73	(2.13)	4.89
XOM	1.03	0.03	(0.01)	0.18	1.21	(1.11)	2.14	(2.09)	5.78

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159792 Competitive Analysis

The better you understand 159792 competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, 159792'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 159792'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

	159792	002429	601615	002623	159005	300729	301028	688391	600742	002096
	2.86 0.68 159792	3.90 4.93 Shenzhen	3.80 12.15 Ming	4.49 16.80 Changzhou	0.00 100.00 159005	0.06 16.70 Loctek	5.04 10.55 Xiamen	5.93 31.25 688391	3.08 9.75 Changchun	4.45 12.23 Hunan
Market Volatility (90 Days Market Risk)	Extremely Dangerous	Moderately volatile	Somewhat reliable	Not too volatile	Very steady	Not too volatile	Somewhat reliable	Not too volatile	Somewhat reliable	Somewhat reliable
Market Performance (90 Days Performance)	Good	Insignificant	Good	OK	Solid	OK	Good	OK	Good	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Low	Low	Below Average	Unknown	Low	Very Low	Very Low	Very Low	Very 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	Hold	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell
Net Asset		26.72 B	83.86 B	5.26 B		6.8 B	1.89 B	2.16 B	22.32 B	10.47 B
Profit Margin		0.0818	-0.002	-0.0082		0.0736	0.19	0.15	0.0247	0.0389
EBITDA		2.64 B	427.11 M	115.37 M		427.51 M	258.39 M	25.75 M	997.03 M	442.67 M
Operating Margin		0.11	-0.0171	-0.0289		0.0734	0.25	0.0701	0.0328	0.093
Current Valuation		24.02 B	32.93 B	3.02 B		7.61 B	3.63 B	2.54 B	718.53 M	13 B
Price To Book		1.42	1.02	1.07		1.8	2.8	1.93	0.86	2.08
Retained Earnings		8.77 B	7.79 B	685.86 M		1.38 B	452.13 M	366.93 M	5.16 B	1.78 B
Beta		0.81	0.56	0.56		0.74	0.53	1.02	0.57	0.5
Number Of Employees		13.68 K	13.5 K	1.1 K		3.08 K	855	270	14.7 K	5.04 K
Shares Outstanding		4.53 B	2.27 B	199.06 M		341.31 M	381.77 M	114.59 M	743.06 M	1.24 B
Cash Flow From Operations		2.35 B	(2.59 B)	118.05 M		819.5 M	275.8 M	45.84 M	2.12 B	721.93 M
Annual Yield		0.0194	N/A	0.0298		0.024	0.019	0.0256	N/A	0.0168
Total Debt		1.08 B	863.51 M	495.36 M		580.04 M	585.94 M	4.66 M	95.26 M	67.29 M
Return On Equity		0.12	-0.001	-0.007		0.13	0.16	0.0436	0.0725	0.0542
Return On Asset		0.0432	-0.0051	-0.0036		0.0264	0.0672	0.0048	0.0108	0.0309
Book Value Per Share		3.47	12.57	16.14		10.08	3.77	15.67	11.37	5.87
Total Asset		26.72 B	83.86 B	5.26 B		6.8 B	1.89 B	2.16 B	22.32 B	10.47 B
Target Price		7.19	12.69	18.84		23.5	N/A	97.68	21.0	15.28
Last Dividend Paid		0.11	0.3	0.5		0.4	0.2	0.55	0.25	0.03
Shares Owned By Institutions		8.33	9.37	10.28		4.28	1.1	2.0	0.9	5.44
Market Capitalization		24.54 B	27.6 B	3.34 B		5.7 B	4.03 B	3.58 B	7.24 B	15.17 B
Price To Sales		1.08	1.02	0.99		1.1	3.61	6.22	0.37	2.7
Net Income		1.59 B	372.45 M	83.51 M		633.69 M	163.04 M	131.43 M	520.53 M	633.88 M
Earnings Per Share		0.37	-0.03	-0.15		1.21	0.56	0.71	0.66	0.58
Shares Owned By Insiders		60.64	25.08	42.9		48.16	73.6	62.64	45.25	75.87
Revenue		17.17 B	27.86 B	3.63 B		3.9 B	958.59 M	603.05 M	20.77 B	8.43 B
Working Capital		7.79 B	5.81 B	1.62 B		1.22 B	351.75 M	1.27 B	2.73 B	3.37 B
Gross Profit		2.56 B	5.74 B	152.96 M		1.09 B	250.65 M	364.39 M	1.98 B	634.79 M
Day Typical Price	0.69	5.0	12.28	17.06	100.0	17.04	10.76	31.93	9.89	12.46
Accumulation Distribution	0.0286	0.0465	0.0358	0.0438	N/A	0.0771	0.0642	0.0627	0.0451	0.0564
Market Facilitation Index	0.02	0.24	0.45	0.77	N/A	1.38	0.72	2.09	0.46	0.73
Daily Balance Of Power	(1.00)	(0.83)	(1.07)	(1.03)	0.0	0.0072	(0.78)	(0.94)	(0.67)	(0.78)
Period Momentum Indicator	(0.02)	(0.20)	(0.48)	(0.79)	N/A	0.01	(0.56)	(1.97)	(0.31)	(0.57)
Rate Of Daily Change	0.97	0.96	0.96	0.96	1.0	1.0	0.95	0.94	0.97	0.96
Day Median Price	0.69	5.04	12.35	17.19	100.0	17.21	10.86	32.27	9.96	12.58
Price Action Indicator	(0.02)	(0.21)	(0.43)	(0.78)	N/A	(0.51)	(0.59)	(2.00)	(0.37)	(0.63)
Relative Strength Index	44.02	77.99	79.0	81.67	95.11	71.34	87.55	65.83	90.25	54.88
Coefficient Of Variation	644.99	2716.85	728.91	2029.53	475.87	940.27	830.25	1066.17	585.39	3096.05
Mean Deviation	1.83	2.14	2.43	2.2	0.0117	1.96	2.27	2.96	1.7	2.17
Jensen Alpha	0.4474	0.1475	0.4813	0.1398	(0)	0.3634	0.4991	0.4802	0.4098	0.0867
Total Risk Alpha	(0.02)	(0.36)	(0.08)	(0.33)	(0.01)	(0.17)	(0.14)	(0.31)	0.0201	(0.35)
Sortino Ratio	0.0936	(0.01)	0.1186	0.0052	N/A	0.0663	0.0963	0.0766	0.1127	(0.02)
Downside Variance	9.06	7.0	7.53	8.49	N/A	9.28	8.51	17.04	5.1	7.24
Standard Deviation	2.66	2.92	3.33	2.96	0.0282	3.13	3.42	4.76	2.25	2.75
Kurtosis	3.0	1.78	0.9569	1.75	18.39	7.54	4.62	5.86	0.8742	0.2737
Potential Upside	5.36	4.64	7.35	5.05	0.01	6.27	5.04	6.33	3.88	4.3
Treynor Ratio	(1.08)	(0.23)	(1.54)	(4.21)	0.4579	(0.96)	(0.50)	(1.22)	(1.31)	(1.20)
Maximum Drawdown	17.11	14.22	18.14	18.54	0.1405	24.8	24.51	34.22	12.33	13.27
Variance	7.08	8.5	11.06	8.77	8.0E-4	9.79	11.68	22.7	5.08	7.54
Market Risk Adjusted Performance	(1.07)	(0.22)	(1.53)	(4.20)	0.4679	(0.95)	(0.49)	(1.21)	(1.30)	(1.19)
Risk Adjusted Performance	0.126	0.0356	0.1129	0.0452	(0.10)	0.0891	0.1001	0.0803	0.1376	0.032
Skewness	0.8997	0.6861	0.5367	(0.08)	4.43	(0.57)	0.6759	1.17	0.13	0.1749
Semi Deviation	1.61	2.5	2.45	2.8	N/A	2.77	2.58	3.58	1.82	2.59
Information Ratio	0.1059	(0.01)	0.0979	0.0051	(4.43)	0.0646	0.0822	0.0663	0.1128	(0.02)
Value At Risk	(2.86)	(4.14)	(4.15)	(3.51)	N/A	(2.63)	(3.30)	(5.00)	(3.08)	(4.45)
Expected Short fall	(3.43)	(2.38)	(2.95)	(2.42)	N/A	(2.33)	(2.72)	(3.38)	(1.88)	(2.26)
Downside Deviation	3.01	2.65	2.74	2.91	N/A	3.05	2.92	4.13	2.26	2.69
Semi Variance	2.6	6.27	6.02	7.82	N/A	7.65	6.67	12.8	3.32	6.71

159792 Competition Performance Charts

Five steps to successful analysis of 159792 Competition

159792'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 159792 in relation to its competition. 159792's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of 159792 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 159792's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to 159792, 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.

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