Aurora Competitors
Aurora Corp competes with Synnex Technology, CMC Magnetics, Qisda Corp, D Link, and Winbond Electronics; as well as few others. The company operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. Analyzing Aurora Corp 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 Aurora Corp 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 company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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 Aurora Corp competition on your existing holdings.
Aurora |
Aurora Corp Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Aurora Corp 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 Aurora 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 Aurora Corp does not affect the price movement of the other competitor.
| -0.25 | 0.36 | 0.63 | -0.42 | 2347 | ||
| -0.25 | -0.27 | -0.4 | 0.39 | 2323 | ||
| 0.36 | -0.27 | 0.39 | -0.02 | 2352 | ||
| 0.63 | -0.4 | 0.39 | -0.47 | 2332 | ||
| -0.42 | 0.39 | -0.02 | -0.47 | 2344 | ||
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High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Aurora Stock performing well and Aurora Corp 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 Aurora Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 2347 | 0.90 | 0.10 | (0.02) | (1.00) | 0.95 | 1.96 | 6.18 | |||
| 2323 | 1.06 | (0.22) | 0.00 | (6.80) | 0.00 | 2.45 | 6.76 | |||
| 2352 | 0.88 | 0.09 | (0.03) | (0.92) | 1.01 | 2.14 | 7.28 | |||
| 2332 | 1.46 | 0.31 | 0.09 | (3.05) | 1.68 | 2.80 | 12.28 | |||
| 2344 | 1.23 | (0.55) | 0.00 | (0.54) | 0.00 | 1.72 | 8.30 |
Aurora Corp Competitive Analysis
The better you understand Aurora Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Aurora Corp'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 Aurora Corp'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 |
Aurora Corp Competition Performance Charts
Five steps to successful analysis of Aurora Corp Competition
Aurora Corp'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 Aurora Corp in relation to its competition. Aurora Corp's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Aurora Corp 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 Aurora Corp's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Aurora 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 Aurora Stock Analysis
When running Aurora Corp's price analysis, check to measure Aurora Corp'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 Aurora Corp is operating at the current time. Most of Aurora Corp's value examination focuses on studying past and present price action to predict the probability of Aurora Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Corp's price. Additionally, you may evaluate how the addition of Aurora Corp to your portfolios can decrease your overall portfolio volatility.